Adyen and Billie team up to bring BNPL to European businesses
By Gloria Methri
FinTech Adyen has partnered with Billie to let its customers enable B2B Buy Now, Pay Later (BNPL) payment services.
By partnering up with Billie, Adyen helps merchants, and their business customers tackle everyday hurdles in B2B commerce. This includes managing cash flow for buyers and sellers, eliminating payment defaults and fraud risks, and simplifying dunning and collection processes. Billie’s BNPL solution therefore offers a cost-efficient alternative to corporate credit cards.
The integration of Billie’s B2B BNPL solution into the Adyen platform will make online payments effortless for buyers via e-commerce and m-commerce channels. It allows merchants around the world to offer their business customers Pay later by invoice.
The integration for Adyen’s customers is easy, allowing them to offer Billie in their B2B checkout with just a few clicks. With Billie, businesses on the Adyen platform can make purchases and defer payment for up to 30 days. At the same time, merchants receive payment upon the shipment of goods, making Billie’s payment method a beneficial tool for the cash flow management of both merchants and business buyers.
The first countries to go live today as part of the partnership are Germany, Austria, Sweden, and the Netherlands. France, UK, and Switzerland will follow in the coming months. This refers to the countries of buying companies – the integration is already available to all Adyen merchants globally, both for domestic and cross-border transactions.
“We are very happy to offer our customers and their business buyers a strong Buy Now, Pay Later option,” said Hella Fuhrmann, Country Manager DACH at Adyen. “With Billie being one of the leading BNPL solutions for B2B checkouts, we have a great partner on our side and are looking forward to seeing our partnership grow.”
“We are excited to give Adyen merchants easy access to the preferred payment method of their business buyers: pay later by invoice,” said Christian Grobe, co-founder and co-CEO of Billie. “Our partnership will enable thousands of merchants across Europe to grow their customer base, modernize their B2B payment stack, and expand risk-free into new markets.”
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