HSBC has announced a strategic collaboration with TreviPa , a global B2B payments and invoicing network, to revolutionize digital purchasing for businesses. This partnership aims to simplify transactions by integrating flexible payment options and financing solutions at checkout.
By utilizing TreviPay, HSBC is helping corporate clients streamline receivables financing, invoice management, and risk mitigation, enabling smoother transactions and increased buyer engagement.
As B2B e-commerce continues to grow, this collaboration will empower businesses by embedding trade credit solutions within online sales portals, providing buyers with seamless access to financing options.
The collaboration intends to combine HSBC’s expertise in facilitating trade with TreviPay’s end-to-end order-to-cash technology. HSBC and TreviPay are looking to enable businesses to expand their reach, drive sales velocity and offer seamless payment experiences through the various ways they interact with their business buyers.
Vivek Ramachandran, Head of Global Trade Solutions at HSBC, said:
“The way businesses are trading with other businesses is changing and they need innovative e-commerce solutions to stay competitive. By working with TreviPay, we’re giving our customers the tools to offer more payment choices while managing risks and expanding their online reach.”
Brandon Spear, CEO at TreviPay said:
“Supporting a seamless e-commerce and omnichannel purchasing journey and offering the right payments and invoicing options are gateways to building loyalty with business buyers. With HSBC on board, TreviPay has additional tools to scale our technology and leverage an API-based model to move into new markets.”
Through this collaboration, businesses can benefit from flexible payment terms and options at the point of check-out. These tools can support businesses in improving their cash flow by reducing days sales outstanding (DSO) and optimizing resource allocation.
In addition, risk mitigation strategies, such as support for onboarding new buyers, can enhance transaction security, while streamlined payment and invoicing processes create a seamless buyer experience.
A recent TreviPay report found that 74% of B2B buyers are willing to switch suppliers for a better purchasing experience, highlighting the importance of this new solution for businesses looking to differentiate themselves.
