back Back

Mollie and Billie bring Buy Now, Pay Later to B2B customers in Europe

By Gloria Methri

March 22, 2023

  • B2B BNPL
  • B2B Buy Now Pay Later
  • Billie
Share

Mollie, FinTech, B2B BNPL, Billie, Netherlands, EuropeBillie, the provider of Buy Now, Pay Later payment solutions for businesses, and Mollie, one of the fastest-growing payment service providers in Europe, have announced a pan-European partnership to bring BNPL payment methods to business customers.

By joining forces with Billie, Mollie enables thousands of European merchants to offer a popular payment method in B2B commerce: Payment by invoice.

Billie’s B2B BNPL payment solution is seamlessly integrated with Mollie and can be activated by online stores and marketplaces with just a few clicks in their Dashboard.

Annett Polaszewski-Plath, Managing Director DACH at Mollie said, “BNPL makes it possible to offer more flexible payment terms, improve cash flow, accelerate the purchase decision, and minimize the risk of payment defaults for B2B merchants. We are therefore very pleased to be able to offer this service from now on and to have won Billie, a strong German FinTech, as a long-term partner.”

Christian Grobe, Co-Founder and Managing Director of Billie commented, “We are very excited to partner with Mollie to bring BNPL to small and medium-sized merchants everywhere. For Billie, this is a big step towards our goal to simplify the purchasing experience for all businesses and make it a tool for growth.”

Once activated, Billie allows business customers to purchase goods without having to pay for them for 30 days. At the same time, Mollie’s merchants get paid upfront. Billie performs real-time credit approval of buyers at the checkout, with shopping cart limits of up to €100,000 as well as default and fraud risk protection for merchants.

Via the integration with Mollie, merchants can also manage the full post-purchase cycle, from capturing shipments to handling refunds, directly in the Mollie Dashboard or using their API.

The first market is going live as part of the pan-European partnership in Germany. Billie’s payment methods will thus be available to all of Mollie’s merchants in Germany. The product offering will be expanded to additional core markets in 2023.

Previous Article

March 22, 2023

3 ‘Marry Now Pay Later’ options for Indian couples

Read More
Next Article

March 22, 2023

Tagit’s digital banking products now available on Microsoft Azure

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

October 10, 2024

Sending Support: 57% of UAE expatriates rely on apps for remittances

Read More

October 10, 2024

Checkout.com launches Octopus in Hong Kong for online payments

Read More

October 10, 2024

Mashreq & Al Etihad Payments partner on Jaywan card acceptance

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More