{"id":548285,"date":"2023-06-30T10:54:35","date_gmt":"2023-06-30T09:54:35","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=548285"},"modified":"2023-06-30T10:54:35","modified_gmt":"2023-06-30T09:54:35","slug":"trevipay-offers-payment-terms-to-samsung-electronics-australia","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/trevipay-offers-payment-terms-to-samsung-electronics-australia\/","title":{"rendered":"TreviPay offers payment terms to Samsung Electronics Australia"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-530454 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/02\/1623173438989-150x150.jpeg\" alt=\"TreviPay, \" width=\"176\" height=\"176\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/02\/1623173438989-150x150.jpeg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/02\/1623173438989-100x100.jpeg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/02\/1623173438989.jpeg 200w\" sizes=\"auto, (max-width: 176px) 100vw, 176px\" \/>TreviPay, a global B2B <a href=\"http:\/\/www.trevipay.com\">payments and invoicing network<\/a>, announced it will power the business trade credit offering for Samsung Electronics, in Australia.<\/p>\n<p>Samsung\u2019s direct-to-consumer (DTC) business can now extend payment terms and seamless invoice-based purchasing to B2B buyers who want the same intuitive checkout experience as consumers.<\/p>\n<p>With half of business buyers preferring to pay with methods other than credit cards, offering more flexible payment options will help to create loyalty-building business transactions in the complex B2B industry. Samsung will be able to orchestrate payment terms to drive customer loyalty while TreviPay manages the risk assessment and underwriting. Approved buyers can immediately begin spending on credit with a one-click ordering process, making purchasing quick and easy.<\/p>\n<p>\u201cIn today\u2019s 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,\u201d said <strong>Brandon Spear, CEO of TreviPay.<\/strong> \u201cTreviPay is proud to further grow our international footprint in Australia and help Samsung build its alternative payments offering to better meet its partners\u2019 business preferences.\u201d<\/p>\n<p>TreviPay enables embedded, trade credit payments solutions to make it easier to do business with merchants by letting the buyer interact, and transact, on their preferred terms. Offering net terms for business buyers streamlines the legacy accounts receivable and payable processes, alleviates cash flow constraints for buyers, and leads to increased buyer loyalty and higher average order values. Businesses can reduce their credit risk, offload collection responsibilities, and get paid up front while their buyers pay over time, which in turn has been proven to increase conversion rates and cement brand loyalty.<\/p>\n<p>\u201cOffering payment terms to our business buyers is an important step towards digital transformation and building loyal buyer networks with our partners,\u201d said <strong>Eric Chou, Head of Direct-to-Consumer at Samsung Electronics Australia. <\/strong>\u201cAs Samsung\u2019s 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.\u201d<\/p>\n","protected":false},"author":16,"featured_media":530454,"parent":0,"template":"","categories":[11384],"tags":[11673,12622,24375,12808,19020,27123,12534,13603],"class_list":["post-548285","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-payments","tag-australia","tag-b2b-payments","tag-b2b-trade-credit","tag-credit","tag-flexible-payments","tag-instant-payment","tag-payments-processing","tag-samsung-electronics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TreviPay offers payment terms to Samsung Electronics Australia<\/title>\n<meta name=\"description\" content=\"TreviPay, a global B2B payments and invoicing network, announced it will power the business trade credit offering for Samsung Electronics...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/trevipay-offers-payment-terms-to-samsung-electronics-australia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TreviPay offers payment terms to Samsung Electronics Australia\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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