Global trade credit insurance firm Allianz Trade has launched Allianz Trade pay, a new payment solution for B2B e-commerce activities.
Services include a trade credit insurance protection, a fraud module, a digital buyer onboarding solution and instant financing solution through one of Allianz Trade’s financial institution partners.
With Allianz Trade pay, the firm says it aims to bring “simplicity, security, flexibility and competitiveness” to the e-commerce ecosystem with what it describes as “easy-to-set-up” products.
After launching its e-commerce credit insurance solution and forging partnerships with multiple e-commerce players, Allianz Trade says it decided to launch this solution in a bid to provide greater support to this ecosystem.
Bringing new and existing tools under one platform, Allianz Trade pay now offers e-commerce credit insurance, instant financing solution for domestic operations (buy now, pay later), instant financing solution for multinational operations. New tools include buyer onboarding solution (Know Your Business), fraud risks insurance, and a simple plug-in for companies using CMS.
“With Allianz Trade pay, we are now covering the entire B2B e-commerce value chain, from KYB to payment, and addressing the needs of the whole ecosystem, from e-merchants to BNPL players, banks and marketplaces,” says François Burtin, global head of e-commerce at Allianz Trade.
“We will continue to always develop more innovative services and functionalities, such as live and consolidated views, dedicated and dynamic dashboards and automated alerts for instance,” adds Anil Berry, member of the board of management in charge of commercial underwriting, distribution, e-commerce and marketing, Allianz Trade.
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Shruti Khairnar is a seasoned B2B reporter with a diverse background in financial journalism. She has written for prominent B2B publications including FinTech Futures, ESG Investor, Sustainabonds and more.
