Hokodo and Balance have teamed up for a brand new research report exploring the challenges, motivations, and transformative impact of cross-border payment terms for global B2B sellers.
Surveying 200+ merchants in the UK, France, Germany and the US, we discovered that:
- Just 16% of B2B sellers find it ‘very easy’ to offer global payment terms
- 79% of UK and US small businesses consider payment terms essential for growth
- 62% of B2B sellers want a payment terms solution that can be applied across multiple regions
- Payment terms are critical for marketplace trust and reputation
- A single payment terms solution is a key requirement of small businesses
Download your copy of the report now to learn more about these and many other invaluable insights about cross-border payment terms.