PayTrace & TreviPay offer net-terms & invoicing for B2B

PayTrace, a business-to-business payment platform focused on accounts receivable automation, has announced a partnership with TreviPay to enable its merchant customers to offer net-terms financing and integrated invoicing through TreviPay's Universal Acceptance service.

Flexible payments

Business buyers are increasingly expecting the same convenience and flexibility in B2B transactions that they encounter in consumer markets. Yet many companies still rely on outdated payment processes that slow reconciliation, limit purchasing power, and hinder cash flow.

The partnership leverages TreviPay's Universal Acceptance solution to address these challenges. Merchants can offer net-term financing across all card-accepting channels with fast deployment and minimal integration. This capability allows buyers to pay on 30-day terms where eligible while the merchant receives upfront payment, with TreviPay managing collections and risk.

"TreviPay's Universal Acceptance is about meeting buyers where they are," said John Jakobe, Director of Strategic Business and Corporate Development at TreviPay. "Through our partnership with PayTrace, we're helping merchants offer a frictionless B2B payments experience that supports business buyers' preferences for paying their invoices."

Integrated invoicing

PayTrace merchants will be able to automate SKU-level invoicing directly to buyers' accounts payable or enterprise resource planning systems. Other features of the solution include automated accounts receivable and collection functions, streamlined reconciliation and expense matching, and upfront payment to merchants while TreviPay assumes collection risk.

Universal Acceptance is positioned as a way for merchants to expand their payment options without overhauling their current infrastructure. The solution supports a range of sectors, including retail, hospitality, logistics, and manufacturing, with a focus on reducing checkout friction and administrative complexity.

The addition of 30-day net terms aims to help merchants attract larger or more frequent orders from B2B customers, who may prefer credit over immediate payment.

The deployment is designed to occur across a merchant's sales channels with minimal changes to existing systems, allowing for rapid adoption.

PayTrace described the partnership as a response to the demand for faster, more flexible payment processes within B2B commerce and the need for merchants to compete on convenience as well as price or product range.

"By delivering TreviPay's Universal Acceptance to PayTrace merchants, we are simultaneously driving business growth and empowering our merchants to offer net-terms financing and invoicing options that meet the evolving needs of B2B buyers," said Tom Lizzio, Director of Strategic Partnerships, PayTrace.

Customer loyalty

Flexible payment options not only streamline operations but also enhance buyer experience. PayTrace says B2B buyers tend to be high-value and loyal, but they expect payment experiences that align with their needs. Offering net terms and integrated invoicing can increase average order value and improve customer retention.

By adopting Universal Acceptance, merchants can expand their clients' purchasing power while providing a payment process that meets modern expectations. The system reduces friction at checkout and helps businesses meet buyer demand without overhauling their existing technology stack.