Leverage Pay by Invoice to unlock growth
With the Sprinque B2B Checkout platform, you can easily offer Pay by Invoice as a payment option in your online checkout. Increase sales, while eliminating your financial risk exposure and improving your cash flow.
Sprinque B2B Checkout Platform
Buyer
onboarding
Transaction
processing
Payments &
Collections
Default guarantee
& Instant payouts
Buyer onboarding
Convenient business
search functionality
Our Search APIs make it possible for new buyers to easily register on your site. A buyer simply finds and selects their business, and we pre-populate the registration form with essential business information. This reduces manual inputs, eliminates errors, improves your onboarding experience, and increases the conversion of new buyer registrations.
Real-time business
credit check
We leverage an international network of data sources, as well historic buyer payment behavior to: 1. Verify the business,
2. Screen for fraud; and 3. Assess creditworthiness.
For approved buyers we assign a revolving credit limit and payment terms, so they can start purchasing right away.
How it works
Buyer-facing flow
Searches
for their business entity
Verifies
their business information
Creates
an account
Gets
approved by Sprinque for Pay by Invoice
Begins
purchasing
Transaction processing
Offer Pay by Invoice
in your checkout
Leveraging our Transaction Processing APIs, you can offer Pay by Invoice as a payment option in your checkout. Sprinque will handle the complexity around managing a buyer’s available credit limit.
Supports different
purchasing flows
With our APIs, we can support different Pay by Invoice purchasing flows, including standard Net Terms of 30, 60 or 90 days, Monthly Statement, where all invoices in a calendar month have the same due date and can be settled with a single buyer payment, and Quote-to-Invoice.
How it works
Buyer-facing flow
Selects Pay by Invoice
in the checkout and confirms purchase
Receives invoice
from merchant (once invoice has been issued)
Receives payment reminder
from Sprinque (when invoice is due)
Clicks on the pay link
in the email
Selects payment method
and pays invoice
Gets payment confirmation
Payments & Collections
Sprinque sends
payment reminders
Sprinque will send friendly, merchant-branded reminders to buyers around the time when their invoice is due. Each such reminder will have a pay link, which buyers can use to view and pay their invoices.
Embedded and
hosted pay pages
We offer you the option to use our merchant-branded, hosted payment page or to embed our payment page inside your website, so that your buyers remain within your online ecosystem. Buyers can pay a single invoice or multiple open invoices at once.
Convenient payment features
The Sprinque hosted and embedded payment pages give buyers the flexibility to pay how and when they want.
Features include:
-
Pay a single invoice or multiple invoices at once
-
Credit notes applied automatically
-
Invoice discounts if buyers pay early
-
Auto-pay for when invoices are due
-
Invoice installment financing options
Buyers choose
how to pay
Buyers can pay their invoices using their preferred payment methods, including SEPA Bank Transfer, SEPA Direct Debit, iDeal (Netherlands), and Pay by Bank (Account-to-Account transfer through open banking).
Default guarantee
& Instant payouts
Sprinque’s modular service architecture allows you to select the services that fit your business needs best.
Platform only
(PBI-as-a-Service)
Leverage Sprinque’s end-to-end Pay by Invoice solution - from buyer onboarding to payment, to take pressure off your in-house Accounts Receivables team.
Platform + Default
Guarantee
In addition to services, Sprinque can protect you from default risk related to Pay by Invoice. We guarantee you'll get paid for each transaction that Sprinque approves.
Platform + Default Guarantee + Instant Payouts
If you do not want to use your own working capital to finance your buyers, Sprinque offers the option for you to get paid instantly.
