Launching its interest-free facility to its customers, Industrybuying announced its partnership with ePayLater. The move is aimed at enhancing customer experience by providing extended credit-line for business procurement, combined with no documentation and a one-click checkout. By leveraging proprietary credit assessment techniques, ePayLater offers credit access to a wide set of SMEs in a simplified manner. In a statement released, Swati Gupta, Co-founder & CEO, Industrybuying said that they are providing their customers “with an aggregated payment option for making multiple purchases using a single transaction.”
Customers can log in, add items to their cart and pay using ‘ePayLater’ at the time of checkout. Through this, customers get a 14 day interest-free period on the product they procure from Industrybuying. Speaking on the tie-up, Uday Somayajula, Co-Founder, ePayLater said, “We believe this can unlock the true potential of small businesses and serve as a catalyst towards powering an unprecedented bout of growth for the sector, and thereby the country as a whole.”
Industrybuying currently offers credit facilities only to its existing customers and through this partnership it looks to extend this facility to new customers as well.
Prior to this, the B2B e-commerce platform made partnerships with other business friendly payment mechanisms to reduce transaction time as well. “Our latest development is in continuation with our ongoing innovations towards making B2B e-commerce more convenient and sustainable in the long run,” added Ms. Gupta.
