Transact Payments offers its business partners with access to technology solutions for the efficient collection and administration of payment plans.
We offer tailored solutions to suit your business needs.
Trade finance simply involves a Supplier proving payment terms to its Customer or Buyer.
Often these payment arrangements can involve not only different payment methods but also payment terms and instalment payment frequencies can vary.
Offering longer payment terms to your Customers can really help increase sales. However, someone has to manage and track the payments and the credit risk on your trade partner.
At Transact Payments we take the complexity out of managing payment plans and credit risk exposures.