Working with Mondu offers several compelling advantages for B2B merchants and marketplaces looking to grow their business:
- Increased conversion and sales: By implementing Mondu’s payment solution for online checkout, you can offer your trade customers the most popular B2B payment methods: Invoice Purchase, instalments and digital trade accounts. This typically enables an increase in conversion rates by around 40% and growth in average shopping cart size by 60%, according to Mondu’s data.
- Improved cash flow: Mondu ensures fast, predictable payouts after each invoice, regardless of when your customers pay. This creates a stable cash flow that helps you plan and invest in your business growth.
- Zero financial risk: Mondu takes on the default risk completely, protecting you from payment defaults and eliminating a major business concern.
- Reduced operational burden: Mondu handles payment allocation, dunning processes, and collection procedures if necessary, freeing your team to focus on core business activities rather than administrative payment tasks.
- Enhanced customer experience: Offering flexible payment terms creates a better buying experience for your customers, helping you attract new buyers and build loyalty with existing ones.
- Multi-channel support: Mondu works across all your sales channels and harmonises the buying journey – from online checkout to field sales and telesales – providing a consistent payment experience.
- Real-time credit decisions: Mondu’s proprietary risk engine runs credit checks in real-time, approving buyers in checkout with high limits, allowing you to close deals faster.
By partnering with Mondu, you can effectively scale your business by improving conversion, increasing order values, streamlining operations, and creating better customer relationships – all while eliminating payment risk.