-
Allianz Trade pay is a payment solution with a suite of services dedicated to B2B e-commerce activities, including trade credit insurance protection, a fraud module, digital buyer onboarding solutions, and instant financing solutions with financial institution partners.
-
Allianz Trade pay brings simplicity, security, flexibility, and competitiveness to the e-commerce ecosystem with a comprehensive, easy-to-set-up product.
BALTIMORE–(BUSINESS WIRE)–Supporting the rapidly growing B2B e-commerce space is an integral part of Baltimore.
Allianz Trade pay offers simplicity, security, flexibility and competitiveness
Allianz Trade provides real-time protection against non-payment risks for B2B marketplaces, BNPL, with e-commerce credit insurance.1 providers and e-commerce merchants. Allianz Trade is now gearing up for further acceleration and further progress to more efficiently support the B2B ecosystem and adapt its services to the increasing e-commerce trade flows.
That's why Allianz Trade is launching Allianz Trade Pay. A wide set of solutions exclusively for all e-commerce players, from credit insurance to instant financing to KYB processes. Specifically, Allianz Trade pay combines existing tools with new services.
Among its existing solutions, Allianz Trade pay offers:
- e-commerce credit insurance: This solution powers real-time customer credit online, allowing B2B e-commerce merchants to grant payment terms to their customers while being protected from the risk of non-payment.
- Instant financing solutions for domestic businesses: Allianz Trade's B2B BNPL partners leverage Allianz Trade API connectivity to instantly deliver the complete BNPL value chain all the way to payment. When a buyer makes an online purchase, the e-commerce merchant receives the purchase price instantly, but the BNPL provider tracks the buyer's payment. If the buyer is unable to pay, Allianz Trade will provide insurance to her BNPL partners.
- Instant financing solutions for multinational businesses: Allianz Trade's multi-country and multi-currency instant financing solution for multinational companies works in a similar way to the domestic option, but also involves financial partners and pays e-commerce merchants in real-time for online transactions. to hold.
In addition to this, Allianz Trade pay is bringing several innovative solutions to the market.
- Buyer onboarding solutions: This service is a “Company Search” module at checkout.Supports e-commerce merchant KYB2 We perform the process by verifying the buyer's identity through open banking technology and Allianz Trade's extensive and detailed database containing financial, commercial and strategic information for more than 83 million businesses worldwide.
- Insurance to cover fraud risk: This service provides greater security by protecting e-commerce merchants' businesses from financial losses caused by identity theft by fraudsters impersonating legitimate companies.
- A simple plugin for companies using CMS: All the above solutions are easy to set up. To enjoy these benefits, companies using a CMS simply need to add a plugin to the source code of his B2B e-commerce platform to get the solution up and running.
“With Allianz Trade pay, we now cover the entire B2B e-commerce value chain from KYB to payments, addressing the needs of the entire ecosystem from e-commerce merchants to BNPL players, banks and marketplaces. Are you a traditional retailer looking to grow your business securely? Are you a marketplace looking to enhance your KYB processes? Are you a payment player looking to add new pay later options? We have a solution. Allianz Trade pay's strength lies in providing complementary services with smooth integration into payment channels. Allianz Trade pay brings simplicity, security, flexibility and competitiveness to the B2B e-commerce market.,” François Burtin, Global Head of E-Commerce at Allianz Trade, said:
“We are very enthusiastic about Allianz Trade payments and are confident that this will help the B2B e-commerce market grow even faster. Trade patterns are changing and as a world leader in trade credit insurance, we must lead the way in industry change. The possibilities for Allianz Trade Pay are endless and we aim to go even further. We offer live and integrated views, a dedicated dynamic dashboard , automated alerts, and more. B2B e-commerce is constantly on the rise, and we remain committed to facilitating this major change in the way businesses approach trade. Masu.,” said Anil Berry, board member responsible for commercial underwriting, distribution, e-commerce and marketing.
About Allianz Trade
Allianz Trade is a global leader in trade credit insurance and recognized experts in guarantees, recoveries, structured trade credit and political risk. Our proprietary intelligence network analyzes daily changes in the solvency of more than 83 million businesses. We give businesses peace of mind by guaranteeing payments. We protect you when you fall into bad debt, but more importantly, we help you avoid bad debt in the first place. When we provide trade credit insurance and other financial solutions, our priority is always predictive protection. But when the unexpected happens, our AA credit rating means we have the resources to provide coverage to keep your business afloat, with Allianz's help. Allianz Trade is headquartered in Paris and has 5,700 employees with locations in more than 50 countries. In 2023, our consolidated sales were EUR 3.7 billion and our insured global business exposure was EUR 1,131 billion. For more information, please visit alianz-trade.com.
Cautionary note regarding forward-looking statements
Statements contained herein include forward-looking statements, forward-looking statements and other forward-looking statements that involve known and unknown risks and uncertainties that are based on management's current beliefs and assumptions. there is. Actual results, performance or events may differ materially from those expressed or implied by such forward-looking statements. Such deviations may be due to (I) changes in general economic and competitive conditions, in particular changes in Allianz Group's core businesses and core markets; (II) financial market performance, in particular market volatility, liquidity and credit events; ) may be caused by, but are not limited to. ), (III) trends in the frequency and severity of insurance loss events, including natural catastrophes, and loss costs; (IV) levels and trends in mortality and morbidity; (V) levels of persistence; (VI) (VII) interest rate levels; (VIII) exchange rates, including the EUR/USD exchange rate; (IX) legal and regulatory changes, including tax regulations; (X) the impact of acquisitions, including: , related integration issues, restructuring actions, and (XI) general competitive factors. In each case, this may be on a local, regional, national and/or global basis. Many of these factors are likely to occur or may become more pronounced as a result of terrorist activities and their consequences.
1 Buy now, pay later
2 Know your buyer
contact address
casey pelfrey
[email protected]
Please follow us
linkedin.com/company/allianz-trade-north-america