TreviPay offers cross-currency payment technology for SMEs processes
By Gloria Mathias
TreviPay, the global B2B payments and invoicing network, has released a new offering to support cross-currency sales in B2B payments to merchants around the world.
The firm can now facilitate transactions when the buyer seeks to be invoiced and pay in a currency different from the currency disbursed to the merchant. This enhanced trade credit capability will boost buyer loyalty, which begins with the payment.
“While global commerce capabilities are increasingly important, not all merchants are able to establish a bank account in every preferred currency of their customers,” said Brandon Spear, CEO of TreviPay. “TreviPay’s enhanced technology and cross-currency solution empowers geographical expansion and makes global trade more accessible to merchants across all sales channels.”
TreviPay’s cross-currency transactions update will enable more buyers to select their preferred payment method and currency at checkout. The same research highlighted that 72% of global business buyers are more loyal to a company that offers their preferred payment method.
The platform’s solution allows American franchisees to enable foreign exchange so that all Canadian travelers can purchase from them in CAD, instead of setting up a separate business account in CAD for payout.
In addition to TreviPay’s cross-currency updates, the company has also rolled out numerous portal improvements to improve ease and efficiency for customers, including being able to change primary customer contacts quickly and easily, update trusted device sign-ins and expand options for company buyer hierarchy capabilities.
TreviPay’s global B2B payments and invoicing network enables enterprises to provide payment choice and convenience, open new markets, and automate accounts receivables. It serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail, and transportation.
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