Apruve and 3dcart Partner to Power B2B Payments in eCommerce
B2B ecommerce businesses using the 3dcart platform can now access Apruve as a preferred payment solution
MINNEAPOLIS, Dec. 6, 2018 /PRNewswire-PRWeb/ -- 3dcart, a leading web-based B2B eCommerce platform, today announced their partnership with Apruve, the B2B credit network that is revolutionizing the ecommerce market.
80% of B2B transactions are on net terms, a process where buyers get to pay for their purchases in 30 or 60 days from when it's invoiced. From doing credit approvals to invoicing, payment processing, and collections, the process can be heavily manual and not designed for a streamlined eCommerce purchasing experience.
As 3dcart continues to grow in B2B eCommerce ecosystem, its payment offerings have grown as well. Apruve is now supported as their B2B preferred payment solution along with over 100 B2C payments, that include services like Stripe, Paypal, and Square.
"3dcart is committed to providing B2B online sellers with all the tools they need to make grow their business," said Gonzalo Gil, CEO of 3dcart. "Apruve stands out as a leader in the B2B payments space and we're proud to have the platform available as one of our preferred payment partners."
Apruve allows ecommerce merchants to seamlessly extend payment terms to business buyers without any back-end or manual processes. By using an online credit application and algorithm, Apruve quickly approves buyers and gives them a credit limit to use at the online store.
Every purchase on Net Terms placed through Apruve is underwritten, allowing merchants to get paid immediately while not having to worry about bad debt, collections, or invoicing.
B2B online stores that implement Apruve have noticed a dramatic growth in sales - 3.3x increase in line items per order and 2.2 times the order frequency for customers on account vs. credit card.
In celebration of the new partnership, Apruve is waiving their SaaS fee for the first month for online stores using 3dcart as their ecommerce solution. For more details, visit https://apruve.com/3dcart/
About 3dcart
3dcart (http://www.3dcart.com), located in Tamarac, Florida, is the most SEO-friendly ecommerce platform for retailers and internet marketers to grow their online stores' traffic and sales. 3dcart includes 24x7 Technical Support, 100+ Mobile-Ready Themes, order management software, built-in blog, email marketing tools and more. Since 1997, the company has been a leader in the eCommerce market, building online stores for businesses of all sizes. Today, 3dcart is Visa PCI Certified and a Google Partner.
About Apruve
Apruve is a B2B credit network that manages and finances credit programs for suppliers and their business customers. The automated platform integrates directly into online stores or ERPs to manage credit programs for suppliers with and without eCommerce. To learn more about how Apruve can grow your business, visit https://www.apruve.com.
SOURCE Apruve
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