Remove Credit Risk Remove eCommerce Remove Invoicing
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Amazon Business Adds Invoicing, Allowing Buyers To Delay Payment

PYMNTS

Amazon Business is introducing a new invoicing feature that could impose cash flow pressure on sellers, according to AuctionBytes. sellers on the B2B eCommerce platform, advising them of the launch of Pay by Invoice. percent of the total invoice cost. The program reportedly launches on June 30 of this year.

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Amazon Business Invoicing Feature Takes Effect

PYMNTS

Amazon ‘s new payment option that allows business sellers to pay by invoice officially went into effect for third-party sellers on August 8. The eCommerce giant announced Pay by Invoice back in May. Instead, they’re invoiced and have the option to have an extended payment due date.

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Startup DNA: Apruve Seeking To Streamline B2B Payment Through Platform

PYMNTS

Recently, it launched its B2B credit management platform, while the entire business has been backed by TTV Capital and Allegis Capital, to name a few. B2B eCommerce is growing rapidly, and there’s no de facto payment method to serve the specific needs of business buyers,” said Noble. The timing was right.

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How New B2B Payment Models Tackle The Buyer-Supplier Conflict

PYMNTS

As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too. Today, the implementation of trade credit is the closest mechanism the B2B payments landscape has to a BNPL model.

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Investors Make Last-Minute Play For B2B FinTechs

PYMNTS

Apruve provides financial management solutions for small businesses that operate in the B2B eCommerce space. According to reports, it enables companies to accept online orders from business customers and provides instant credit for their sales. ” Apruve integrates into eCommerce platforms like Shopify, Magento and BigCommerce.

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Fundbox Pay Expands To B2B Marketplaces

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The company said the focus on smaller firms and eCommerce comes as its own internal data has shown that as much as 24 percent of monthly revenues by small- to mid-sized businesses (SMBs) are tied up in accounts receivable or trade credit, which stymies cash flow. Fundbox noted that the opportunity within eCommerce is sizable.

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PPRO, Klarna Partner To Expand European POS Credit

PYMNTS

According to the press release, the partnership will enable eCommerce companies to improve conversion rates by offering customers a fast, easy checkout. The new credit-based payments feature will target PPRO’s PSP customers, giving them access to Klarna’s customer base of 70,000 merchants.