HSBC Hong Kong has introduced a new B2B transaction financing solution

 

HSBC Hong Kong has introduced a new B2B transaction financing solution that enables B2B sellers on online platforms to provide their customers with extended payment terms.   This solution is known as point-of-sale financing for B2B transactions.  HSBC's new financing solution aims to help SMBs generate steady revenue by maximizing sales on their online platforms.  The solution ensures that HSBC's commercial customers receive payments in one business day upon receiving a purchase order.  APIs are leveraged to create a financing option at the check-out page of HSBC clients' B2B e-commerce platforms. The new offering purports to provide greater payment flexibility for B2B buyers and more control over cash flow for B2B sellers.