Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.
B2B payments solution firm, Kriya, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.
The integration brings these capabilities to B2B merchants using Stripe in the UK for the first time. By selecting Kriya at checkout, buyers can defer payment by 30 days. The solution makes this possible by onboarding buyers in real-time, providing them with an instant spending limit, and protecting the seller from credit and fraud risk.
Anil Stocker, CEO at Kriya, commented, “We are excited to announce this collaboration with Stripe, a leading global payments provider.”
“We’ve taken the age-old need to provide trade credit and turned it into a digital, scalable B2B payment method. Merchants can now offer their customers seamless pay later options, so they can optimise their working capital and buy more with confidence. It’s a win-win.”
“Through our direct integration, Stripe merchants can simply add Kriya to their existing checkout experience without any development work. It’s that easy. With Stripe, we’re providing the tools merchants need to diversify their ecommerce offering and grow their revenues.”
Earlier this year, UK-based Kriya announced a £50 million funding facility, and customer wins with enterprise retailers such as Halfords and CMT Group.
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