Allianz Trade launches B2B event payment solution

Trade credit insurance specialist Allianz Trade has launched Allianz Trade pay, a payments solution tailored for the B2B e-commerce sector.

As the company explains, the suite of services is designed to improve the way businesses manage online transactions.

Allianz Trade pay is supported through a variety of services including trade credit insurance protection, fraud prevention modules, digital buyer onboarding solutions and instant financing options through financial institution partners.

With the rapid expansion of the B2B e-commerce field, Allianz Trade, a subsidiary of Allianz Group, has been recognized as the leading insurance brand in 2023. It has been actively developing e-commerce credit insurance and other solutions, and working with e-commerce entities and e-commerce entities. Establish cooperative relationships with commercial enterprises. Leading financial institutions.

Allianz Trade pay – what does it offer?

Services offered through Allianz Trade pay include e-commerce credit insurance, which provides instant online customer credit, enabling B2B e-commerce merchants to offer payment terms to their customers while protecting against the risk of non-payment.

In addition, the financing solution is suitable for domestic and cross-border business, providing instant payments for e-commerce merchants trading online through Allianz Trade’s API connection with BNPL partners.

It also launched a digital buyer onboarding solution, facilitated the KYB process at checkout through a company search module, leveraged open banking technology and accessed Allianz Trade’s database of financials, Business and strategy information.

François Burtin said: “With Allianz Trade pay, we now cover the entire B2B e-commerce value chain from KYB to payment, and meet the needs of the entire ecosystem from e-commerce to BNPL players, banks and markets.” An Global Head of E-Commerce at Allianz Trade.

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