Country for PR: United States
Contributor: PR Newswire New York
Monday, September 13 2021 - 23:00
AsiaNet
Flowfy Selects TreviPay to Power its B2B Trade Credit Offering for B2B Fashion Marketplaces
OVERLAND PARK, Kan., Sept. 14, 2021 /PRNewswire-AsiaNet/ --

--TreviPay API enables extended 60-day payment terms for fashion marketplace 
buyers, quick and reliable settlements for marketplace sellers 

TreviPay ( 
https://c212.net/c/link/?t=0&l=en&o=3285042-1&h=4251197192&u=https%3A%2F%2Fwww.trevipay.com%2F&a=TreviPay 
), a global financial technology company, today announced its foray into the US 
fashion sector after being selected to power the trade credit offering for 
Flowfy, an integrated service platform for online B2B fashion and apparel 
marketplaces. TreviPay's API enables Flowfy's 'FlowPay' offering, which is sold 
to fashion marketplaces, and provides quick and reliable settlement terms to 
marketplace sellers as well as extends trade capital to buyers at a competitive 
rate. The digitized and seamless payment experience allows marketplace buyers 
and sellers to focus on their core business functions in the already complex 
fashion supply chain.

Logo - https://mma.prnewswire.com/media/1539256/TreviPay_Logo_Logo.jpg 

Friction-free B2B payments have become paramount to meet shifting consumer 
expectations. Over 90 percent of respondents in TreviPay's recent Forrester 
Consulting study ( 
https://c212.net/c/link/?t=0&l=en&o=3285042-1&h=3659063861&u=https%3A%2F%2Fbit.ly%2F3jfPi95&a=TreviPay%27s+recent+Forrester+Consulting+study 
) reported that better payment options for B2B customers will improve customer 
satisfaction, quicken transactions, free up internal resources, and increase 
business success. These benefits, coupled with marketplace sellers' desire to 
lower business risk with online buyers, are heightened in the fashion wholesale 
market. 

"Offering long-term trade credit can be challenging for small and medium-sized 
fashion wholesalers, but fashion retailers rely on 30- to 60-day payment terms 
in order to protect their cash flow," said Brandon Spear, CEO of TreviPay. 
"TreviPay's unique payments solution for Flowfy will provide 30-second credit 
approval for fashion marketplace buyers with a B2C-like experience. 
Additionally, FlowPay protects marketplace sellers from the risk of extending 
credit by providing reliable underwriting and settlements within two days."

Flowfy is already integrated with B2B fashion marketplace Brandboom, an 
AI-driven marketplace that provides introductions between sellers and buyers 
that fit each other's profiles.

"Our goal is to continue modernizing and digitizing the buyer-seller 
marketplace relationship as we recognize these growing needs in the fashion 
sector," said Jesse Kim, Director of Flowfy Commerce Service. "Partnering with 
TreviPay has enabled us to provide faster and more reliable settlement terms to 
sellers while managing payment details and extending trade capital to buyers at 
a competitive rate – all of which are needed to host a frictionless check-out 
experience." 

About TreviPay  
TreviPay ( 
https://c212.net/c/link/?t=0&l=en&o=3285042-1&h=4251197192&u=https%3A%2F%2Fwww.trevipay.com%2F&a=TreviPay 
) is a global financial technology company specializing in payment and credit 
management for B2B companies through custom omni-channel payments solutions. We 
support merchants by streamlining the purchasing experience and supporting 
increased customer interaction in B2B Commerce, facilitating $6 billion USD in 
transactions per year in 18 currencies for customers in more than 27 countries. 
To learn more about TreviPay, please visit TreviPay.com ( 
https://c212.net/c/link/?t=0&l=en&o=3285042-1&h=2401500902&u=https%3A%2F%2Fwww.trevipay.com%2F&a=TreviPay.com 
).

About Flowfy  
Flowfy is web-based shipping/payment service provider for the business in B2B 
Marketplaces. Flowfy helps the business easily complete online transactions 
with Net 60 payment terms and small parcel shipments at a discounted rate. We 
are currently partnered with Brandboom, a fashion B2B marketplace who carries 
+4,500 Sellers and +200,000 buyers and Flowfy provides the services to both 
Brandboom's sellers/buyers. Please visit our website for more details of our 
service. https://www.flowfy.com/

MEDIA CONTACT:  
Alissa Liotti  
The Fletcher Group  
647.390.9085  
alissa@fletchergroupllc.com
 
SOURCE: TreviPay