Let your customers buy now and pay later.
With CaaS, Magento customers will be able to provide their clients with invoicing at checkout, personalized discounts and risk-free lines of credit.
In a customer-first market, the B2B eCommerce experience should be the same as B2C. Don't fall behind when a solution is ready now, out of the box.
With CaaS, sellers are able to lower costs and maintain a consistent cash flow while buyers increase purchase control capabilities while paying on terms. The CaaS solution has the seamless feel of a credit card transaction but with one-third less fees.
General Motors will utilize Credit as a Service® (CaaS) to provide participating Chevrolet, Buick, GMC and Cadillac dealers, and customers electronic consolidated invoicing, access to extended terms options and customized discounts during payment.
In the first of our 3-part series, we outlined how payment on Net30 terms is common in B2B. In fact, from the outside looking in, offering payment on terms seems like a given. Many SMBs feel they must offer terms to be competitive, but they overlook the risks of late payers and the impact of late payments on working capital.
Every time a seller extends payment on terms they must consider several factors.
MSTS, a global payments and credit solutions provider, today announced the acquisition of TicketRX, a Kansas City-based startup revolutionizing legal support for traffic citations and violations, via its ORDP brand.
Robotics process automation, otherwise known as RPA, is taking the business world by storm. In fact, Research and Markets, predicts RPA to be a $5 billion-dollar industry by 2022. So, what is RPA?
RPA is utilizing computer automation to eliminate day-to-day mundane tasks. This allows employees to dedicate time at work to more meaningful projects. “Some (people) like to describe RPA as ‘a macro on steroids,’” Director of Process Improvement, Diane Hagemann, tells us.
More and more B2B companies are launching eCommerce platforms, with good reason. The 2018 B2B eCommerce Buyer Expectations Report estimates nearly 50% of companies are purchasing from online retailers. The question is no longer if but when will B2B companies have an online presence.
MSTS, a global B2B payments and credit solutions provider, today announced 4MD Medical as its first Credit as a Service® (CaaS) customer using the Magento eCommerce platform. 4MD Medical, a national distributor of medical, physical therapy, pharmaceutical equipment and supplies for the healthcare field, will engage CaaS tools to ease the B2B payments journey for its customers.