Supplier Benefits

Do you have business customers?
Are you tired of waiting for payments for fulfilled orders to arrive in your account?
Are the processes involved in getting paid, taking up all of your time?

The solution you’ve been searching for could be as simple as accepting card payments from your business customers

Why Card?

If your customers have a commercial card, their bank has given them a credit line. This means they can pay you earlier (in as little as 3 days) with no impact to their cash flow
Increase your sales! The majority of businesses accept card from consumers as they know not doing so would result in lost sales. The same applies to your business customers who use cards
A simplified invoicing process, and improved transaction data will reduce the strain on your Finance team

Eradicate mistakes such as your customer paying someone else because they’ve typed in your sort code incorrectly
Combat invoice fraud. If your customer is used to paying you by card on a dedicated secure portal, they are less likely to fall for fake invoices telling them to pay a fraudster’s account
Card acceptance comes at a fee but it costs less than you think. The people, operational and fraud costs associated with other payment methods add up. Alternative products that provide early payment are also likely to cost 8% or more!

The key to making new payment arrangements is to ensure they are beneficial to both you and your suppliers.

Kaboodl’s team is uniquely positioned to help you find the right terms for both parties, communicate the quantifiable benefits, and enable your suppliers to accept card.

BUYER BENEFITS FINANCIAL INSTITUTION BENEFITS