We’re excited to announce the launch of our new trade payment solution for Multichannel Sales. This innovative new offering enables B2B merchants to offer flexible payment terms and efficiently process orders from any offline sales channel in real-time. The solution is ideal for merchants selling across multiple channels – whether over the phone, by email, or on-site.
The launch of MonduSell is especially timely in the current economic climate where many trade customers are experiencing a cash flow squeeze and looking for merchants who can offer greater payment flexibility. There’s also growing pressure on merchants stemming from increased competition and rising buyer expectations. Today’s buyers expect the same level of convenience and payment flexibility on every channel and are more willing than ever to switch to a competitor if their expectations aren’t met.
With MonduSell, Mondu aims to transform traditional offline B2B sales, which often involve archaic processes and rigid payment options that lead to friction-filled customer experiences.
Merchants can offer the most popular B2B payment methods and net terms on any offline sales channel. Offering greater flexibility elevates the customer experience, improves conversions and drives higher baskets by reducing budget-related barriers to purchase.
Customers can choose net terms options of 30, 45, 60 or 90 days or split their payment into a 3, 6 or 12 month installment plan. The salesperson easily feeds the required information (e.g., buyer details, total order value) into the UI and sends it to Mondu’s risk engine, which evaluates the buyer’s creditworthiness in seconds, helping to facilitate faster contract closing.
Get more out of your payments with Mondu.
MonduSell also enables merchants to save time and money on tedious accounting tasks and sell on net terms or installments without risk. Mondu handles all credit and fraud checks, takes care of payment collection and dunning and assumes default risk. When it comes to managing day-to-day sales operations, merchants can easily monitor their offline sales processes with real-time tracking and management via a user-friendly merchant portal.
Merchants can begin processing transactions immediately with no setup costs or technical integration required. MonduSell is available now as a web application and mobile app and supports multiple languages and payment methods.
Interested in learning more? Get in touch today.