TreviPay has announced the release of its one-click mobile payments app for B2B buyers.
The TreviPay mobile app is an industry milestone towards the complete digitization of B2B payments by allowing merchants to offer a mobile app payment experience to their pre-approved B2B credit customers. The app allows buyers to access their buy-now-pay-later (BNPL)/trade financing in-store via an intuitive mobile app, eliminating the need and fraud risk of issuing multiple credit cards to numerous purchasers within the organization. Additionally, merchants can offer instant, digital invoicing within the app to provide their B2B buyers with a simpler experience versus paper receipts and manual invoicing.
Improving payment options, speed and terms has the potential to drive customer and operational benefits. Leveraging TreviPay’s new white label app, its clients can offer B2B buyers a digital payment experience and BNPL flexibility similar to the B2C purchasing experiences many people have grown to prefer. In one click, B2B customers can access their pre-authorized credit line by generating a unique code to be scanned at point-of-sale. Purchase details/terms are then stored in the app’s convenient purchase history and sent directly to the buyers’ company, offering buyers the same immediate gratification as a contactless B2C transaction.
“TreviPay simplifies the complexities of B2B commerce, making it indistinguishable from B2C experiences for the buyer,” said Brandon Spear, CEO of TreviPay. “Retailers are facing immense competition in the post-COVID economy, which has amplified the need to offer payment solutions that will drive revenue and customer loyalty. Our new mobile app allows one-click access to BNPL, instant invoicing and increased security, so our merchant partners can make it easy for their B2B buyers to pay on their terms, in the channel they prefer and with no need for POS hardware upgrades.”
“The Staples Commercial Account app powered by TreviPay has already seen strong uptake and success for our in-store B2B customers in the first few weeks post-integration,” said David Boone, CEO of Staples Canada. “By enhancing the B2B purchasing experience at online check-out and in-store point-of-sale, we continue to elevate technology in order to make shopping with us much easier for thousands of our business customers.”
