Source: FF News

Two, a European leader in B2B payments technology announced a strategic collaboration with ABN AMRO, a leading financial institution in the Netherlands. Together, they are launching a state-of-the-art “Pay on Invoice” solution, designed to bring seamless, secure, and flexible payment options to B2B e-commerce transactions. Businesses can now offer 30-day net terms on purchases at the click of a button, enabling better cash flow management and financial flexibility.

This collaboration combines Norway-founded Two’s market-leading platform and advanced decisioning models with ABN AMRO’s extensive financial expertise and capabilities to deliver a best-in-class solution for both SMEs and large enterprises. Powered by Two’s internationally proven technology, ABN AMRO will offer a quick, reliable “Pay Later” solution tailored to meet the demands of the rapidly growing digital B2B commerce sector.

“At Two, we are dedicated to simplifying B2B transactions, and this collaboration with ABN AMRO represents a significant milestone in making online payment terms widely accessible to businesses,” said Andreas Mjelde, CEO of Two. “Companies are accustomed to paying in 14 or 30 days, and the service we offer lets business buyers maintain their payment habits when buying online, with no extra steps. Through our collaboration, we can now provide SMEs with a state-of-the-art payment solution that enables both sellers and buyers to manage cash flow with greater accuracy and confidence.”

“ABN AMRO is committed to supporting the growth of businesses with innovative financial services,” says Marc Baan, Head of Strategy & Innovation a.i. at ABN AMRO. “Our collaboration with Two allows us to offer a fast, secure, and efficient net terms option that empowers our clients to thrive in a digital-first economy.”

Read the full article: https://ffnews.com/newsarticle/paytech/nordic-fintech-two-collaborates-with-leading-dutch-banking-leader-abn-amro-to-modernise-b2b-e-commerce-payments/