Digital River, a provider of commerce-as-a-service solutions, has forged alliance with B2B payments firm TreviPay to expand payment options for B2B clients.
TreviPay has launched a payments solution that will enable Digital River to further automate and develop a consumer-like purchasing experience for its B2B clients.
The white-labelled payment solution offers extension of net terms and invoicing at checkout on their e-commerce stores.
Digital River chief payments officer Eric Christensen said: “Digital River is always looking to add new and innovative payment methods to our Global Seller Services to help brands scale in markets across the world.
“Given TreviPay’s global presence and ability to remove friction from the purchasing process, it was clear they were a natural fit to help our B2B clients drive buyer loyalty.”
TreviPay CEO Brandon Spear said: “Digital River’s expansive software suite and partner ecosystem demonstrate true leadership and innovation in the B2B marketplace space.
“Not only will TreviPay have the capability to scale alongside Digital River’s continued growth, the technology will also help the company strengthen existing client relationships and nurture new ones.”
TreviPay is said to facilitate $6bn in transactions each year in 18 currencies for its customers in over 27 countries.
Previously known as MSTS, the company specialises in payment and credit management for B2B companies.
In January this year, US-based vertically-integrated payment solutions provider Repay integrated its technology with Billtrust to boost B2B payment offerings.
The same month, US-based financial technology service provider WEX partnered with online business management platform MYOB to provide Australian businesses with B2B payments.