Billie Begins Adding B2B BNPL to Stripe Platform in Europe

Stripe app

Billie’s B2B buy now, pay later (BNPL) solution has been integrated with Stripe and is now available on that financial infrastructure platform to select customers in Europe.

The new solution will be tested by select online shops and marketplaces in Germany, Franceand the Netherlands throughout the summer before being made available to other businesses running on Stripe’s platform later this year, Billie said in a Tuesday (July 23) press release.

“We are excited to offer Stripe merchants easy access to one of the most sought-after payment methods in B2B commerce: pay later by invoice,” Mauro Miotto, vice president of partnerships at Billie, said in the release. “Our partnership will enable thousands of merchants across Europe to grow their customer base, modernize their B2B payment systems and expand into new markets without facing the risks of payment default or fraud.”

With Billie’s B2B BNPL solution, business buyers can make purchases and defer a payment for 30 days, while sellers receive payment when they ship the goods, according to the release.

Billie provides real-time approval of buyers at checkout as well as default and fraud risk protection for merchants, the release said.

“Stripe’s B2B sellers can now offer the business customers flexible payment terms while reducing their credit risk and the administrative burden of collection and dunning processes to zero,” Billie said in the release.

This solution is currently offered at more than 3,500 shops and marketplaces throughout Europe and has served more than 500,000 business customers, per the release.

Billie was founded in 2016 with the aim of “consumerizing the business shopping experience” and removing the bottlenecks that have been built into the traditional B2B payment and purchasing experience, Matthias Knecht, co-founder and co-CEO of Billie, told PYMNTS in an interview posted in February 2022.

In February, Billie partnered with FinTech Adyen to allow Adyen’s customers to activate Billie’s B2B BNPL solution in Germany, Austria, Sweden and the Netherlands, with more countries to follow.

Adyen offers its customers access to over 150 payment methods on a single platform for enterprise-level online payments. The integration of Bille’s B2B BNPL solution into the platform is designed to make online payments easier for buyers.

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