Allianz Trade unveils service for B2B e-commerce payments

The payment solution includes trade credit insurance protection.

Allianz Trade has introduced Allianz Trade pay, a payment solution tailored to B2B e-commerce, offering instant financing, digital buyer onboarding, fraud risk management, and trade credit insurance at checkout.

This initiative aims to enhance efficiency in the B2B ecosystem and adapt to the surge in e-commerce trade flows. 

“As such, Allianz Trade launches Allianz Trade pay, a wide set of solutions dedicated to all e-commerce players, from credit insurance to instant financing and KYB 2 processes. Concretely, Allianz Trade pay gathers already existing tools along with brand-new services,” the trade credit insurer said in a press release.

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The platform provides real-time coverage against non-payment risks, enabling B2B e-merchants to offer payment terms while safeguarding against non-payment. It also includes domestic and multinational operations, offering immediate payment to e-merchants through partnerships with BNPL providers.

The platform facilitates KYB processes by verifying buyer identities using open banking technologies and Allianz Trade's extensive database. Also, it protects e-merchants from financial losses due to identity theft and fraudulent activities.

It also has easy integration for companies using CMS platforms, enabling seamless access to the aforementioned solutions.