FinTech Two and ABN AMRO partner to modernise B2B Payments

By Gloria Methri

Two, a B2B payments technology expert has announced a strategic collaboration with ABN AMRO, a leading financial institution in the Netherlands. Together, they are launching a state-of-the-art “Pay on Invoice” solution designed to bring seamless, secure, and flexible payment options to B2B eCommerce transactions.

Businesses can now offer 30-day net terms on purchases at the click of a button, enabling better cash flow management and financial flexibility.

This collaboration combines Norway-founded Two’s platform and advanced decisioning models with ABN AMRO’s financial expertise and capabilities to deliver a best-in-class solution for both SMEs and large enterprises. Powered by Two’s internationally proven technology, the bank will offer a quick, reliable “Pay Later” solution tailored to meet the demands of the rapidly growing digital B2B commerce sector.

Initially, the solution will be available to ABN AMRO business clients in the Netherlands, with plans for a broader roll-out in the future.

Key benefits of the solution:

• Enhanced Cash Flow Management: Businesses gain the flexibility of deferring payments for up to 30 days, allowing for improved budgeting and operational efficiency.
• Security and Trust: Integrating ABN AMRO’s financial infrastructure with the secure technology of Two ensures reliable, risk-mitigated transactions.
• Streamlined, Scalable Processes: Designed to minimise administrative work, the solution can adapt to businesses of all sizes, from SMEs to large corporations.

“At Two, we are dedicated to simplifying B2B transactions, and this collaboration with ABN AMRO represents a significant milestone in making online payment terms widely accessible to businesses,” said Andreas Mjelde, CEO of Two. “Companies are accustomed to paying in 14 or 30 days, and the service we offer lets business buyers maintain their payment habits when buying online, with no extra steps. Through our collaboration, we can now provide SMEs with a state-of-the-art payment solution that enables both sellers and buyers to manage cash flow with greater accuracy and confidence.”

“ABN AMRO is committed to supporting the growth of businesses with innovative financial services,” said Marc Baan, Head of Strategy & Innovation AI at ABN AMRO. “Our collaboration with Two allows us to offer a fast, secure, and efficient net terms option that empowers our clients to thrive in a digital-first economy.”