Adyen integrates B2B BNPL solution via new partnership

Online retailers and marketplaces on the global fintech platform Adyen will be able to access B2B buy now, pay later (BNPL) payment services via a new partnership with Billie.

With the integration of Billie’s B2B BNPL solution into the Adyen platform, merchants will have a “cost-efficient alternative” to corporate credit cards.

Retailers on the Adyen platform can offer Billie in their B2B checkout in “just a few clicks”, enabling merchants to give their business customers more flexible payment terms, such as the option to ‘Pay Later by invoice’. At the same time, merchants’ own credit risk is reduced.

Business buyers of shops that run on the Adyen platform can make purchases and defer payment for up to 30 days, while merchants receive payment upon the shipment of goods, made possible by real-time credit approval of buyers at checkout performed by Billie.

The integration has gone live in Germany, Austria, Sweden, and the Netherlands, with France, the UK and Switzerland due to follow in the coming months.

“We are very happy to offer our customers and their business buyers a strong buy now, pay later option,” said Hella Fuhrmann, country manager DACH at Adyen.

“With Billie being one of the leading BNPL solutions for B2B checkouts, we have a great partner on our side and are looking forward to seeing our partnership grow.”

According to Billie, merchants that use their BNPL solution benefit from improved conversion rates and an increase in average order values.

Christian Grobe, co-founder and co-chief executive officer of Billie, added: “Our partnership will enable thousands of merchants across Europe to grow their customer base, modernise their B2B payment stack, and expand risk-free into new markets.”

Towards the end of last year, Adyen announced a partnership with data network Plaid to enable it to launch its Pay by Bank services in North America in early 2024.

Adyen already offers more than 150 different payment methods.