HSBC launched a first-to-market banking solution of Point-of-Sale Financing for business-to-business (B2B) transactions in Hong Kong that enables B2B sellers to offer extended terms of payment to their business and institutional customers on their online platforms.
Through the API technology, a seamless and fully embedded financing option will be available for HSBC customers’ B2B e-Commerce platform where HSBC will pay its commercial clients in one business day after they receive a purchase order to enhance overall efficiency and working capital optimization of the customers.
The solution is now available on FreightAmigo, a leading digital freight logistics platform, to enable its business users to ship now, pay later. When a company places shipment booking on the platform, they can opt to pay on extended terms at no extra cost, uplifting the digital customer experience and providing greater payment flexibility.
Ship now, pay later. Enable buyers to pay on extended terms at no cost
Provide greater flexibility on cash flow and working capital
Enhance digital customer experience