The new offering, which can be integrated into existing checkouts via an API, will enable multinational corporates to provide payment alternatives such as BNPL to their business customers.
Hokodo says that through its real-time credit decision process and “highly configurable” underwriting models, the solution can offer instant buyer approval and streamline the order-to-cash experience.
Components of the full service include proprietary credit decisioning, transaction financing, credit and fraud insurance, collections, and different financing options available as per merchants’ needs.