Payment solution developed for shipping & logistics businesses
Developing your own BNPL solution isn't easy. That's why others rely on Terms.Tech. Whether it's a user-friendly design with an easy integration or a sophisticated solution for complex business models, our professional services team will help you realise your objectives.
Global shipping provides the logistics industry with quicker and easier solutions to the transportation process. In fact, logistics is the backbone of international trade. In 2021, their combined value was over 8.4 trillion euros.
Driven by the rise of the e-commerce industry and the consequent growth of cross-border trade, the shippers always look for flexible & innovative payment options to ensure the smooth and frictionless running of their supply chains.
Extending payment terms to the shippers gives you the competitive advantage to distinguish your business from your rivals, while growing revenues and customer portfolio. With access to the convenient and secure payment terms, your customers' loyalty and cash flow will increase too.
5 simple steps to check out with Terms.Tech
Step 1
The shipper goes to your online platform and books the transportation service.
Step 2
They pay for the service with Buy Now, Pay Later by selecting the payment terms that best fit their business needs. Payment terms range from 30 to 90 days.
Step 3
Terms.Tech runs a real-time eligibility & fraud risk assessment in the background and if the shipper is eligible, they confirm the BNPL purchase by signing the agreement.
Step 4
We pay you and your carriers once the service has been fulfilled and we received the service fulfilment documents.
Step 5
The shipper pays us back on the payment due date in line with the selected payment terms.
Step 1
The shipper goes to your online platform and books the transportation service.
Step 2
They pay for the service with Buy Now, Pay Later by selecting the payment terms that best fit their business needs. Payment terms range from 30 to 90 days.
Step 3
Terms.Tech runs a real-time eligibility & fraud risk assessment in the background and if the shipper is eligible, they confirm the BNPL purchase by signing the agreement.
Step 4
We pay you and your carriers once the service has been fulfilled and we received the service fulfilment documents.
Step 5
The shipper pays us back on the payment due date in line with the selected payment terms.
5 reasons to choose Terms.Tech as your Buy Now, Pay Later provider
Stay Competitive
With a growing number of platforms that connect shippers with carriers, stay competitive by offering the best digital payment terms and service on the market.
Digital payment terms
Modernize your payments and offer your shippers a frictionless payment experience by integrating our digital payment solution into your platform.
Fast and Consistent Cash Flow
We pay you and your carriers up front and the shipper pays back in up to 90 days or in instalments. Any non-payments? No problem. We take care of all outstanding payments.
Fine-tuned Credit Check
With our in-house developed eligibility assessment tool, you can rest assured that we extend payment terms to shippers with a good credit rating only. Give your business the reputation it deserves.
Risk-free
Our Buy Now, Pay Later solution is completely free of risk to you. Any payment defaults due to fraud or non-payment is on us. This way, you can earn money without taking any chances.
Ready to grow your business with us?
Sell more and increase your revenues with our fully customised Buy Now, Pay Later solution
