TreviPay Launches Cross-Currency Support to Boost Buyer Loyalty in Global B2B Transactions

TreviPay, a leading B2B payments and invoicing network, has announced the implementation of new cross-currency support to facilitate transactions between businesses. This strategic move aims to enhance buyer loyalty by allowing transactions in different currencies, catering to the diverse preferences of buyers. As a global organization operating in 32 countries and dealing with 20 currencies, TreviPay recognizes the need to streamline and simplify cross-border transactions for merchants across various industries.

Facilitating Transactions in Different Currencies

The core objective of TreviPay’s new capability is to enable transactions when buyers wish to be invoiced and pay in a currency that differs from the currency disbursed to the merchant. This cross-currency support empowers businesses to conduct transactions seamlessly and efficiently, eliminating hurdles associated with currency conversion and international payments. This significant upgrade will greatly benefit merchants looking to expand their customer base and engage in global trade.

Boosting Buyer Loyalty with Enhanced Trade Credit

TreviPay’s advanced technology, combined with its cross-currency solution, helps bolster buyer loyalty by providing increased flexibility and convenience in trade credit. By accommodating buyers’ preferred currency, TreviPay ensures a streamlined transaction process, ultimately leading to improved customer satisfaction and loyalty. This capability is particularly vital in industries like manufacturing and online retail, where cross-currency transactions have become essential for global business expansion.

Streamlining Geographical Expansion and Global Trade

The implementation of cross-currency support not only enhances buyer loyalty but also enables geographical expansion for merchants by eliminating currency-related barriers. TreviPay’s technology empowers businesses to conduct transactions in multiple currencies, making global trade more accessible across all sales channels. This new capability positions TreviPay as an industry leader, providing merchants with a competitive edge in the global marketplace.

Cross-Currency Capabilities in the Travel Sector

While cross-currency capabilities are increasingly crucial in various industries, one notable use case can be found in the travel sector. As international travel resumes and borders reopen, travelers often prefer to book services and make payments in their local currency. TreviPay’s cross-currency solution addresses this demand, enabling travel agencies, hotels, and other businesses in the travel sector to offer a seamless and personalized experience to their customers.

Portal Improvements for Enhanced Customer Experience

In addition to the cross-currency updates, TreviPay has rolled out a range of improvements to their portal to further enhance ease and efficiency for customers. These updates include the ability to quickly and easily change primary customer contacts, update trusted device sign-ins, and expanded options for company buyer hierarchy capabilities. These additions aim to streamline the overall user experience, creating a more user-friendly platform for merchants.

Addressing Challenges Faced by Merchants

TreviPay’s cross-currency solution directly addresses the challenge faced by merchants who struggle to establish and maintain multiple bank accounts in different currencies to accommodate their customers’ preferences. This capability simplifies the entire payment process, eliminating the need for complex currency conversions and allowing merchants to focus on growing their businesses.

TreviPay’s introduction of cross-currency support marks a significant milestone in the B2B payments and invoicing industry. By enabling businesses to conduct transactions in various currencies, TreviPay not only enhances buyer loyalty but also enables global trade across industries. The travel sector, in particular, stands to benefit significantly as customers increasingly prefer to transact in their local currencies. With the added portal enhancements, TreviPay further solidifies its commitment to providing an exceptional user experience for its customers. Overall, the implementation of cross-currency support positions TreviPay as a frontrunner in advancing global B2B transactions and supporting the needs of merchants worldwide.

Explore more

How Is AI Transforming Digital Marketing Strategies?

Artificial Intelligence (AI) is rapidly becoming a cornerstone of digital marketing, fundamentally altering how brands connect with audiences in an increasingly crowded online space. As businesses grapple with the challenge of capturing consumer attention amidst endless streams of content, AI offers a lifeline by providing tools that personalize experiences, streamline operations, and deliver data-driven insights. This technological shift is not

Business Central Mobile Apps Transform Operations On-the-Go

In an era where business agility defines success, the ability to manage operations from any location has become a critical advantage for companies striving to stay ahead of the curve, and Microsoft Dynamics 365 Business Central mobile apps are at the forefront of this shift. These apps redefine how organizations handle essential tasks like finance, sales, and inventory management by

Transparency Key to Solving D365 Pricing Challenges

Understanding the Dynamics 365 Landscape Imagine a business world where operational efficiency hinges on a single, powerful tool, yet many enterprises struggle to harness its full potential due to unforeseen hurdles. Microsoft Dynamics 365 (D365), a leading enterprise resource planning (ERP) and customer relationship management (CRM) solution, stands as a cornerstone for medium to large organizations aiming to integrate and

Generative AI Transforms Finance with Automation and Strategy

This how-to guide aims to equip finance professionals, particularly chief financial officers (CFOs) and their teams, with actionable insights on leveraging generative AI to revolutionize their operations. By following the steps outlined, readers will learn how to automate routine tasks, enhance strategic decision-making, and position their organizations for competitive advantage in a rapidly evolving industry. The purpose of this guide

How Is Tech Revolutionizing Traditional Payroll Systems?

In an era where adaptability defines business success, the payroll landscape is experiencing a profound transformation driven by technological innovation, reshaping how companies manage compensation. For decades, businesses relied on rigid monthly or weekly pay cycles that often failed to align with the diverse needs of employees or the dynamic nature of modern enterprises. Today, however, a wave of cutting-edge