Drive purchase frequency and buyer spend by offering customers purchasing power and a simplified shopping experience with utmost convenience.
A digital trade account is a payment solution that enables merchants to offer tailored purchasing power to their customers, allowing them to make multiple purchases over time and defer payment within a predetermined period.
Onboard new customers instantly without risk with Mondu’s real-time credit checks. Our advanced risk engine approves >91% of customers.
Grant purchasing power to new and existing customers based on Mondu’s robust credit risk checks. Reward and incentivize customers with customized purchasing power according to repayment performance.
Get paid immediately after each order ensuring a steady cash flow regardless of when your customers pay. Protect yourself from payment defaults and reduce workload with full support in payment collection and dunning.
Set payment cycles and terms that
fit your customers’ purchasing patterns and your business needs.
Choose the period to close each statement – weekly, bi-weekly, or monthly – and select net terms like 5, 15, or 30 days.
Multiple orders within the assigned purchasing power, consolidated into one statement
One simple payment at the end of each period, with net terms at no additional costs
Tracking of purchasing power usage available through Mondu’s Buyer Portal
Lower administrative burden and fewer accounts payable mistakes