TreviPay launches all-in-one payments solution for checkout
By Delisha Fernandes
TreviPay, a B2B payments and invoicing network, has released a new all-in-one payments solution designed to help merchants build experiential loyalty with enterprise buyers.
The all-in-one payments solution is a series of technology features that provide payment choice and customisation for merchants across different industries, including retail, hospitality, and manufacturing. This solution can leverage TreviPay’s technology to reduce friction and build loyalty at all stages of the purchasing process.
According to TreviPay research on the importance of payment choice and optimising first-time and returning buyer experiences with 86% of global business buyers reporting the ability to pay using their preferred payment method is important.
“As enterprises continue to evaluate their digital transformation efforts, there is still an opportunity to innovate the online B2B payments experience to eliminate checkout friction and increase conversions,” said Dan Zimmerman, Chief Technology Officer of TreviPay. “Through one comprehensive checkout solution, merchants can rely on a single payments vendor to accept multiple payments modalities and consolidate reporting across payment types.”
Following this announcement, TreviPay’s all-in-one payments for B2B merchants and marketplaces aim to serve the entire spectrum of business buyers with TreviPay as their single payment vendor. Through integration, merchants can customise acceptance of card types, allowing business buyers to either pay upfront with the card, ACH or mobile wallet, or pay later, in 30, 60, or 90 days.
According to TreviPay, in the B2B retail industry, credit cards are often the only payment option offered online. Currently, credit and debit card payments are supported for customers in the US, Canada, Mexico, UK, Europe, and Australia, in 16 payout currencies and 25+ locales.
TreviPay APIs also provide integrated reporting to systematically deliver detailed reimbursement documentation daily, as well as consolidated reporting for card and net terms payments and deposits — at the marketplace and individual seller levels.
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