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I4 Commerce Introduces Bill Me Later Business |
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I4 Commerce has announced Bill Me Later Business, a new payments service for merchants with small business customers. This is the first payments service designed to help retailers meet the needs of small businesses, by simplifying the purchasing process and increasing purchasing power for the 25 million small business customers in the U.S., without requiring lengthy applications or credit cards.
Bill Me Later Business enables retailers to capture a larger share of the $35.5 billion small businesses spend online annually. Bill Me Later Business integrates the payments application into the existing sales process, removing the many barriers facing merchants seeking to provide small businesses the functionality they require. Additionally, merchants offering the strategic payments service can provide customers with flexible payment terms and promotional financing. I4 Commerce enables retailers to simplify the payment experience to capture lost sales, increase customer loyalty and maximize profits. Through a single implementation of its PayCapture suite, merchants gain access to a set of technology solutions including Bill Me Later, Bill Me Later Business, promotional financing, Preferred Account and integrated marketing programs. Bill Me Later Business—Redefining Small Business Payments The Bill Me Later Business service is designed to help merchants meet the purchasing needs for small businesses. It is the only payments option for small business that eliminates lengthy enrollment processes and simplifies the purchasing process. Bill Me Later Business features will include: - Easy enrollment—Small businesses can sign up for Bill Me Later for Small Business as part of the regular purchase process by providing just a few pieces of information and can be approved in a matter of seconds.
- Invoicing/purchase orders—Billing can be easily customized to meet customer needs and integrates with small business accounting software. The flexible system allows detailed invoicing and individual purchase order numbers.
- Streamlined merchant operations—Electronic payments via Bill Me Later Business will reduce paperwork and manual operations, saving time and cost.
- Flexible account management—Small business customers can set spending limits for authorized users and track overall spending through a secure Web site or via email.
- Bill Me Later Business network—Merchants and businesses can join the Bill Me Later Business network to find out about special deals, financing and to improve two-way communication between retailers and their customers.
For more information on Bill Me Later Business, visit www.billmelaterbusiness.com. |
