Allianz Trade and Two partner on B2B online payment solutions

Trade credit insurer Allianz Trade and B2B e-commerce payments platform Two have partnered to develop the 'Buy Now, Pay Later' (BNPL) finance market for small and medium-sized enterprises (SMEs) and their clients.

The collaboration integrates Allianz Trade's extensive experience in trade credit insurance with Two's BNPL technology. This fusion aims to provide businesses with real-time data, enabling automated trade credit decisions at the point of checkout. The objective is to offer a seamless and instant purchasing experience for B2B e-commerce transactions.

This partnership addresses long-standing challenges in B2B online trade, such as lengthy payment processes and manual credit assessments. By leveraging this integrated solution, businesses can expect a purchasing experience comparable to consumer e-commerce, improving cash flow management and streamlining international trade.

Allianz Trade's API integration allows for instant credit decisions, with reported approval rates exceeding 90% and buyer credit limits up to £100,000. The companies anticipate this will significantly boost conversion rates for online merchants.