Billie adds its B2B BNPL solution on Stripe platform in Europe
By Gloria Methri
Billie’s B2B buy now, pay later (BNPL) solution has been integrated with Stripe and is now available on the platform for select customers in Europe.
Select online shops and marketplaces in Germany, France, and the Netherlands will test the new solution throughout the summer before it is made available to other businesses running on Stripe’s platform later this year.
Billie’s B2B BNPL solution is the first of its kind available via Stripe in Europe. With Billie, business customers can make purchases and defer payment for up to 30 days, while merchants receive payment upon the shipment of goods.
Billie provides real-time approval of buyers at checkout and default and fraud risk protection for merchants. Stripe’s B2B sellers can now offer their business customers flexible payment terms while reducing their credit risk and the administrative burden of collection and dunning processes to zero.
“We are excited to offer Stripe merchants easy access to one of the most sought-after payment methods in B2B commerce: pay later by invoice,” said Mauro Miotto, VP of Partnerships at Billie. “Our partnership will enable thousands of merchants across Europe to grow their customer base, modernize their B2B payment systems, and expand into new markets without facing the risks of payment default or fraud.”
This solution is currently available in more than 3,500 shops and marketplaces throughout Europe and has served more than 500,000 business customers, including brands like Alibaba.com and Samsung. Outside of Germany, Billie is exclusively available and distributed via its partners Stripe, Adyen, Klarna, and Mollie.
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