Allianz Trade is partnering with B2B e-commerce payments platform, Two, to develop the buy-now-pay-later finance market for SMEs and their clients.
As part of their partnership, Allianz Trade assesses credit requests instantly through its API, which integrates both companies’ respective internal e-commerce and underwriting systems, helping Two to make financing decisions on the spot.
“We have a role to play in helping the business community and our clients prepare for this new world of online trade and to be the enabler of the new b-commerce market,” said Sarah Murrow, CEO Allianz Trade in UK and Ireland. “As the market leader of trade credit insurance, we are uniquely positioned to offer best in class digital trade credit solutions created for BNPL providers. We are excited about our partnership with an innovative player like Two.”
“Thanks to our partnership with Allianz Trade, merchants get conversion rates of up to 40% on B2B purchases, instant credit decisions, approval rates of over 90% and buyer credit limits of £100,000+. Business buyers get the payment terms they need plus a seamless purchasing experience,” added Stavros Tamvakakis, Co-Founder, Two.
Printed Copy:
Would you also like to receive CIR Magazine in print?
Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.
YOU MIGHT ALSO LIKE