Billie Becomes The First B2B BNPL Payment Method Live On Stripe
Billie, the new standard for B2B payments and leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers is now available via Stripe.
Throughout the summer, a select number of online shops and marketplaces selling to business customers in Germany, France, and the Netherlands will be able to test the new solution. Later on this year, any business running on Stripe’s financial infrastructure platform will be able to easily offer Billie’s Buy Now, Pay Later payment method to their business customers. Billie’s B2B BNPL solution is the first of its kind available via Stripe in Europe.
With Billie, business customers can make purchases and defer a payment for up to 30 days. At the same time, merchants receive payment upon the shipment of goods, making Billie’s payment method a beneficial tool for the cash flow management of both merchants and business buyers. Billie makes this possible with real-time approval of buyers at checkout while providing default and fraud risk protection for merchants. Stripe’s B2B sellers can now offer their business customers flexible payment terms while reducing their credit risk and the administrative burden of collection and dunning processes to zero.
The integration of Billie reflects Stripe’s dedication to providing its customers with ongoing access to the latest payment innovations, ensuring they stay at the forefront of technological advancements.
We are excited to offer Stripe merchants easy access to one of the most sought-after payment methods in B2B commerce: pay later by invoice,” says Mauro Miotto, VP Partnerships at Billie. “Our partnership will enable thousands of merchants across Europe to grow their customer base, modernize their B2B payment systems, and expand into new markets without facing the risks of payment default or fraud.
The integration with Stripe comes in the wake of strong growth for the Berlin-based scale-up. In June, Billie crossed the line of 500,000 unique business customers served at more than 3,500 shops and marketplaces throughout Europe. Among them are brands like Alibaba.com or Samsung.
