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Billhop and Eurocard to streamline B2B bill payments in the Nordics

By Gloria Methri

February 21, 2024

  • B2B Payments
  • Bill Payments
  • Billhop
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Eurocard, Billhop, Card Enablement, Virtual Card Payments, B2B Payments, Payment Processing, FinTech, Sweden, NordicsBillhop AB, the Swedish card-enablement platform, has partnered with Eurocard, a commercial card issuer in the Nordics. The partnership will allow corporate clients to pay any bill or invoice with Eurocard’s virtual cards, including those from suppliers who do not accept card payments.

This payment approach enables businesses to take on the card processing costs instead of suppliers, granting them enhanced access to their built-in credit lines. It further streamlines the payables process and facilitates faster payments to one-time, low-volume suppliers with no supplier enrolment or set-up required.

Eurocard’s virtual cards will be directly embedded in Billhop AB’s smart bill payment platform, streamlining the payment process, while ensuring enhanced security and precise control over expenses.

“Staying ahead of the curve is imperative in the world of B2B transactions,” said Tashi Gauffin, Chief Commercial Officer at Billhop AB. “Virtual cards offer a forward-thinking approach to payment solutions and provide unparalleled spend management control. By leveraging Eurocard’s virtual cards through Billhop AB’s card enablement platform, businesses can ensure more efficient and secure financial transactions.”

At present, most B2B suppliers are not equipped to accept virtual card payments. Billhop AB’s innovative solution will allow enterprises to increase operational efficiency and keep up with the rapid digitisation of B2B payments.

“By partnering up with Billhop AB we now strengthen our value proposition for our corporate customers and enable them to handle long-tail payments more efficiently,” said Erik Hallmén, partner responsible at Eurocard.

Eurocard offers payment solutions for all kinds of companies and organisations and dominates the Nordic market with a wide range of cards, travel accounts and various tools for administration and follow-up that can be adapted to national and international operations.

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