TreviPay Will Allow Samsung’s B2B Clients To Conduct Transactions Using Their Chosen Payment Methods

Samsung Electronics, a pioneer in technology worldwide, has announced today that it would use TreviPay, the global B2B payments and invoicing network, to enable its business trade credit service in Australia.

Samsung’s direct-to-consumer (DTC) division may now provide B2B purchasers that seek a simple checkout process the same as consumers payment conditions and seamless invoice-based buying. Business buyers of Samsung Electronics Australia will be given payment terms through TreviPay.

TreviPay will allow Samsung’s B2B clients to conduct transactions using their chosen payment methods without any issues. By providing more flexible payment solutions, which are preferred by 50% of business purchasers over credit cards, the complicated B2B market may foster business transactions that foster customer loyalty.

While TreviPay handles the risk assessment and underwriting, Samsung will be able to plan the payment terms to encourage client loyalty. With a one-click ordering procedure, approved consumers may instantly start using credit to make purchases.

Read the latest article: 10 Best Applications Of AI In Banking

“In today’s world, enabling merchants to extend credit to their buyers in a streamlined and convenient embedded payment experience is essential to compete globally and drive customer loyalty,” said Brandon Spear, CEO of TreviPay. “TreviPay is proud to further grow our international footprint in Australia and help Samsung build its alternative payments offering to better meet its partners’ business preferences.”

Read latest article: The New Wave: Decentralized Finance

“Offering payment terms to our business buyers is an important step towards digital transformation and building loyal buyer networks with our partners,” said Eric Chou, Head of Direct-to-Consumer at Samsung Electronics Australia. “As Samsung’s first market outside of the United States to enable B2B trade credit, we look forward to continuing to grow our business solutions and support our B2B buyer preferences through flexible payments options.”