PausePay offers a Buy Now Pay Later solution specifically designed for the B2B market, allowing businesses to purchase goods and services with a 90-day payment term without the need for credit cards. This service facilitates immediate cash flow for sellers by ensuring they receive payment upfront, while buyers can manage their cash flow more effectively.
Funding
Funding not disclosed
Founders
Product
Problem
Many B2B businesses face challenges with cash flow management, as traditional payment methods often require immediate payment or involve lengthy credit application processes. Sellers may struggle with delayed payments, impacting their working capital, while buyers seek more flexible payment terms to better manage their finances.
Solution
PausePay offers a Buy Now, Pay Later (BNPL) solution tailored for B2B transactions, enabling businesses to purchase goods and services with a 90-day payment term without needing credit cards. This service ensures sellers receive immediate payment, improving their cash flow and reducing the risk of late payments. Buyers benefit from enhanced cash flow management, allowing them to procure necessary supplies and services while deferring payment. PausePay integrates with e-commerce platforms, offering a seamless checkout experience with eligibility checks performed in real-time using Open Banking and PSD2 compliant solutions. The platform supports transactions between €500 and €20,000, providing a secure and efficient payment option for B2B commerce.
Target Audience
PausePay targets B2B e-commerce businesses and their suppliers and buyers, specifically those seeking flexible payment terms and improved cash flow management.
Features
- 90-day payment terms for B2B purchases without requiring credit cards
- Immediate payment to sellers, improving cash flow and reducing payment risk
- Real-time eligibility checks for buyers using Open Banking and PSD2 compliant solutions
- Integration with e-commerce platforms for a seamless checkout experience
- Buyer mobile app to manage purchases and schedule payments
- Seller dashboard to monitor sales and collections
- Transactions supported between €500 and €20,000
- Partnership with Allianz Trade for payment security