- With the addition of Pay Now to its BNPL product suite, Mondu now offers a full range of B2B payment options for European businesses. This enables merchants to serve every type of buyer preference—whether customers prefer immediate payment or deferred terms—via one unified integration.
- By offering more payment choices, merchants can increase their conversion rates. A broader selection at checkout helps reduce cart abandonment and appeals to diverse purchasing behaviours.
- Pay Now offers a cost-effective alternative to traditional payment methods, such as credit cards. This solution reduces transaction costs while maintaining speed and security.
Mondu, the dynamic B2B fintech on the rise, has introduced Pay Now, a real-time account-to-account (A2A) instant payment option tailored for B2B e-commerce platforms. This latest addition builds on the company’s existing Buy Now, Pay Later (BNPL) products, delivering an all-in-one payment ecosystem for business buyers shopping online.
As Europe’s B2B e-commerce sector continues to boom—with market value expected to hit $2.2 trillion by 2027, nearly twice its 2022 size—companies are increasingly seeking payment methods that align with evolving buyer preferences. Mondu’s enhanced offering is a timely response to the mounting need for fast, flexible, and user-centric transaction solutions.
As businesses adapt to this digital-first environment, digital B2B payments are becoming a crucial tool. The European B2B BNPL market is projected to grow at an annual rate of 27.5% percent, reaching $256.7 billion by 2029. Mondu’s new Pay Now product is the latest addition to its BNPL suite, which includes invoice payments, instalments, and digital trade accounts, creating a holistic proposition that directly addresses market needs.
Pay Now allows buyers to pay directly from their bank accounts, providing a secure and streamlined checkout experience. It enables merchants to serve all buyers, whether they are eligible for deferred payments or not.
For merchants, this means a hassle-free integration that eliminates the need for a separate A2A payment provider and simplifies reconciliation. Mondu handles risk and fraud checks, provides payment confirmation, and manages all buyer communication, allowing merchants to focus on their business.
Malte Huffmann, Co-CEO of Mondu, said, “We’ve seen immense interest from existing customers in Pay Now. Our goal is to provide a comprehensive payment solution that caters to the evolving needs of B2B buyers and sellers. With Pay Now, we offer a best-in-class experience, combining the flexibility of BNPL with the simplicity of instant payments.”
In just three years, Mondu has become a prominent player in the European B2B payments industry, working with leading retailers and marketplaces, including Notebooksbilliger, WirMachenDruck, GGM Gastro, Enpal, Autodoc, Solago, and Qogita.
For more information, go to mondu.ai