Get started

Buy Now, Pay Later for businesses

Are you a supplier, wholesaler, distributor or B2B marketplace that’s looking to sell more, without the risk, and turn invoices into cash faster?

eCommerce

A complete and integrated eCommerce solution designed for all business types.

Buy Now, Pay Later

Give your business customers a better way to pay their invoices on time, boost sales and grow your business faster.

Key features

SMARTER DEBTOR MANAGEMENT

Zero-risk trade

Let Spenda act as a third party financial provider to assess and assume the financial risk. You get paid on time, while we manage the payments with your customers. We can even act as your outsourced credit control and debtor management partner.

BOOST ORDER VOLUMES

Offer more flexible payment options

Utilise on-demand, point of activity lending to limit your credit exposure and get paid on time, every time. Enhance your business cash flow and incentivise your customers to purchase more often.

GET PAID ON TIME

Stop chasing late payments

No more guessing games on when to expect payments. Get paid on or before your payment due date and gain control over the money moving in and out of your business.

IMPROVED CASH FLOW MANAGEMENT

Fund your business growth

With Spenda, your business will be able to instantly turn orders into cash, and combined with accurate cash flow forecasting, you will have access to the capital your business needs to invest more into growth.

PAYMENT SECURITY

Trade with complete confidence

Security is at the forefront of how we build our software. With strict AML and KYC compliance, Two Step Authentication and double security testing measures, you can process payments with complete confidence knowing all your transactions and data is safe.

Fee structure

What connected buyers get
Funding amount
Up to $20,000 per month
Instalment payments
Pay in one transaction or in 4 smaller instalments
Buyer repayments
30-90 days from invoice date - depending on terms
Buyer fees
Set up fee
$30 +gst
Late payment
TBA
Supplier fees*
Funding fee
2%
Account to Account payment fee
0.5% + 30c per transaction
Credit card to account payment
1.1% + 30c per transaction
Time for supplier to receive payment
2 -3 working days, depending on the payees bank
Currency
AUD
*Suppliers can choose to pay the funding or merchant fees, or on-charge to their buyers.

Are you a retailer or buyer that’s interested in using BNPL to pay your supplier invoices?

 

Get in touch with us to discuss your options.

Group 98

Speak with a payments expert today.

Ready to discuss how to add smarter payment solutions to your business? We are.

TEST-New-Home page form-July'21
Subscribe to our blog