Stripe has announced a partnership with Billie to introduce a Buy Now, Pay Later (BNPL) solution for business customers in Europe. Initially available to select online shops and marketplaces in Germany, France, and the Netherlands, the solution will be accessible to all businesses on Stripe’s platform later this year. This collaboration marks the first B2B BNPL solution available via Stripe in Europe. With Billie, business customers can defer payments for up to 30 days, while merchants receive immediate payment upon shipment. This method enhances cash flow management for both parties and includes real-time buyer approval and fraud risk protection.
The integration of Billie underscores Stripe’s commitment to providing cutting-edge payment innovations. Mauro Miotto, VP Partnerships at Billie, highlighted the benefits for merchants, including flexible payment terms and reduced credit risk. The partnership follows a period of significant growth for Billie, which now serves over 500,000 business customers across 3,500 shops and marketplaces in Europe, including major brands like Alibaba.com and Samsung. Billie’s BNPL solution allows business customers to purchase goods with deferred payment options, while merchants benefit from upfront payments and protection against payment defaults, leading to higher conversion rates and larger basket sizes.
