In the News

News Image News Image
02/15/2019
How to Offer Net30 Terms on Your eCommerce Site

Part 1 of our 3-part series on Common Challenges of B2B Commerce

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. 

When B2B sellers take their sales online, they run into different problems than B2C sellers. The biggest issue is determining how buyers will pay for services. Credit cards are the familiar solution, but expensive fees and insufficient credit limits cost your business. Many B2B purchases are sold on Net30 terms, but how can you shift this method online? 

Say Goodbye to the Burden of Credit Underwriting

When offered payment on terms, buyers tend to purchase more. So, why doesn’t everyone offer payment on terms? The complications of underwriting and the risks of bad debt can be a limitation for many companies. 

Credit as a Service® (CaaS) is an MSTS payment solution that manages payments between you and your buyer, allowing you to offer a seamless purchasing experience. Our innovative solution allows you, the seller, to offer credit to your buyer, preserve your working capital and offload risk. Our team can underwrite and approve your buyers for credit in under a minute. The crown jewel of our CaaS suite is InvoiceMe. This tool allows online invoicing at checkout at transaction fees 30% less than credit cards. 

Atradius reports in 2018 average DSO was 37 days up two days from 2017. CaaS guarantees payment in as little as 48 hours. This is a white-label solution, so your brand remains front and center to your customers. 

Onward and Upward with Credit as a Service®

Frost & Sullivan predicts B2B eCommerce will hit $6.6 trillion by 2020. If you want to win in the B2B eCommerce space you must design a purchasing experience that meets the unique needs of B2B buyers.

Are you ready to take the jump? Let's talk!

 

In the news

News Image
11/19/2019

OVERLAND PARK, Kansas, November 19, 2019 -- MSTS, a global B2B payment and credit solutions provider, today announced Watson Fuelcards, part of WFL (UK) Limited, the UK land business of World Fuel Services, ha

News Image
11/08/2019

SINGAPORE, October 2019 -- Every online marketplace needs a progressive ecosystem of support services to function, and choosing the right providers can be crucial to the success of a marketplace business.

News Image
11/08/2019

Springfield, MO - October 30,  2019 -- Classy Llama, a full service eCommerce agency, has joined with MSTS as a partner to provide merchants an alternative payment and credit solution.

News Image
11/01/2019

Martha Salinas is the Chief Customer Officer at MSTS, a global FinTech company in the B2B payment space, based in Kansas City with operations around the world.

News Image
10/30/2019

Julia Terenjuk is the co-founder and CEO of Creative Capsule. Under her leadership, Creative Capsule has experienced healthy growth and has built a reputation as a trusted provider of high-quality software development services.

News Image
10/23/2019

We live in an age of digital transformation. Organizations can innovate, or become obsolete.

News Image
10/19/2019

Jessica Powell is the Director of Experiences at Kansas City Startup Foundation.