Money Forward’s New Card Payment Feature Enhances Invoice Settlements for B2B Transactions

New Enhancements in B2B Transactions with Money Forward

Money Forward, a prominent leader in financial technology solutions, has recently unveiled a new card payment feature for its B2B invoice settlement service, Money Forward Kakebarai. This innovative addition allows users to enhance their payment options by integrating card payments into their issued invoices without the need for a merchant contract.

This development comes in response to a significant demand for card payments in corporate transactions. According to a study by American Express, approximately 60% of businesses prefer card payments for inter-company transactions, showcasing a growing inclination towards digital payment methods that streamline operations. Money Forward Kakebarai is designed to manage various processes associated with payment deferrals, including credit screening, invoice issuance, collections, and reminders, thereby simplifying the financial interaction between businesses.

With the introduction of the card payment feature, sellers using the Kakebarai service can now attract customers who prefer paying via credit card, potentially leading to increased sales. For the receiving businesses, this means they can avoid traditional bank transfer processes and fees, while also earning credit card points on their purchases. Furthermore, users can defer actual payments until their credit card billing cycle, aiding in better cash flow management.

Additionally, the card payment system integrates with Money Forward's business card service, Money Forward Pay for Business, providing a seamless experience for users engaging in B2B transactions. This feature aligns perfectly with Money Forward's overarching SaaS x Fintech strategy, which aims to connect back-office functionalities with financial services seamlessly.

The company’s commitment to enhancing financial services is evident in their ongoing development and integration of services that support businesses. These services not only free organizations from burdensome payment administrative tasks, but they also shorten accounts receivable cycles and diminish financial risks. As a result, businesses can focus on their core operations and enhance their overall productivity.

For more information on this new functionality, a detailed service page is available on Money Forward’s website, allowing users to understand the fee structures and benefits associated with the card payment system. This aligns with Money Forward's future plans to expand its payment options to include wallet payments and QR code transactions, ultimately offering a diverse range of financial solutions tailored for both individuals and corporate entities.

In conclusion, Money Forward Kakebarai's card payment feature marks a significant step forward in the evolution of B2B payment solutions. By leveraging its SaaS infrastructure and financial service expertise, Money Forward continues to facilitate improved interactions between businesses, promoting efficiency and supporting their clients in optimizing cash flow.