Billie launches B2B Pay Later solution for Stripe merchants

Billie has become the first business-to-business (B2B) Pay Later solution to achieve general availability on the Stripe payments platform.

Online merchants and marketplaces using Stripe's infrastructure in more than ten countries can now offer Billie's B2B Pay Later solution to their business customers.

The availability of the solution is currently extended to merchants globally who sell to business customers in Germany, Austria, Switzerland, France, Sweden, Norway, Denmark, Finland, Spain, the Netherlands, or the United Kingdom. Further expansion into new markets is expected.

Billie's payment method is the first of its kind, designed for B2B purchases, to become widely accessible via Stripe. The integration allows merchants to activate Billie in a matter of minutes by following a straightforward enabling process on the Stripe platform.

Since its initial launch for German, French, and Dutch merchants, the Billie offer has expanded to eight additional markets as part of a continuing global partnership. Merchants selling to business buyers in Austria, Switzerland, Denmark, Finland, Norway, Sweden, Spain, or the United Kingdom can now enable Billie for their customers.

Through Billie, business buyers are able to make purchases and defer payment for up to 30 days. Merchants, however, still receive their payments upfront, which can assist with managing cash flow for both the selling business and its buyers.

Billie facilitates real-time approval of buyers at the online checkout and provides merchants with default and fraud risk protection. In addition to supporting cash flow, the integration removes the administrative burden of credit risk management and debt collection from merchants.

Stripe's work with Billie enables merchants to provide additional payment options to their business buyers, offering greater flexibility in payment methods and reducing credit risk exposure. The partnership is intended to reduce costs and time spent by merchants on collection and dunning processes.

Billie's suite of solutions extends beyond Pay Later. The company also offers features such as Installments, Trade Accounts, Consolidated Statements, and Recurring Payments, providing a range of options to meet business customer needs.

The system is integrated directly onto Stripe's platform so that activation for merchants can be performed quickly with minimal technical requirements or steps involved.

Commenting on the development, Mauro Miotto, Vice President Partnerships and Western Europe at Billie, said: "Being the first B2B Pay Later solution reaching the general availability status on Stripe is a testament to our shared vision. We are happy to now offer all Stripe merchants access to flexible payment solutions for their business customers. With this they can grow their customer base, modernize their B2B payment systems, and expand into new markets with ease."

Billie's expanded reach through Stripe follows a period of growth for the Berlin-based specialist. The company reported in April that it had served 750,000 unique business customers through more than 5,500 shops and marketplaces across Europe. Notable brands using Billie include Alibaba.com, Samsung, and Decathlon.