HSBC $HSBA (-3,37%) is working with global B2B payment and invoice network TreviPay to improve the digital shopping experience for businesses by offering flexible payment options and financing solutions at the point of sale.
"Innovative financing solutions aim to optimize B2B payments, unlock B2B spend for sellers and growth in e-commerce."
By leveraging the TreviPay platform, HSBC is focused on helping corporate customers enable sales and engage with new business customers through receivables financing, invoice processing and management, and risk mitigation.
As e-commerce continues to transform B2B commerce, the collaboration aims to empower businesses by providing more payment options by embedding access to trade credit for their buyers into online sales portals supported by business buyers accessing finance.
The collaboration aims to combine HSBC's expertise in trade facilitation with TreviPay's end-to-end order-to-cash technology. HSBC and TreviPay aim to enable businesses to extend their reach, increase sales velocity and provide a seamless payment experience through the various ways they interact with their business customers.