Billhop: Normalising B2B Payments via Credit Cards

It’s Friday evening. After a long week, you treat yourself to a comforting home-cooked meal. You head to the supermarket, grab your ingredients, swipe your card, and within moments, you’re on your way home. The transaction is fast, effortless and barely noticeable—simply a routine part of modern life. But on Monday morning, reality shifts. At the office, what should be a simple supplier payment between two businesses becomes a labyrinth of approval processes, invoices and bank transfers, often stretching across weeks to complete.

This stark contrast highlights a glaring issue: despite the ease of consumer payments, only 17 percent of the $120 trillion global B2B payment volume¹ is processed via cards. The rest is tied up in slow, cumbersome traditional methods, leaving businesses frustrated and cash flows restricted.

Billhop seeks to redefine this landscape with its revolutionary card-enablement platform. By addressing the low card acceptance rate in the B2B world, Billhop enables businesses to make supplier payments seamlessly through corporate credit cards—even to suppliers who don’t traditionally accept them.



When a business uses Billhop to pay a supplier with a credit card, the platform initiates a direct bank transfer to the supplier on their behalf. From the supplier’s perspective, it’s business as usual—they receive the funds through the familiar bank transfer process. For the buyer, however, the advantage is significant. By using their corporate credit card, they unlock the flexibility of deferred payments, potentially extending the payment cycle by 30, 60 or even 90 days, depending on their card’s terms.

But Billhop offers more than just convenience. It reimagines the entire B2B payment experience, empowering businesses to optimise cash flow, simplify complex payment procedures, and ultimately strengthen relationships with suppliers by ensuring faster, more reliable payments.

A Win-Win for Buyers and Suppliers

“At its core, our platform addresses two key challenges: the liquidity gap buyers often face and the low card acceptance rate in the B2B sphere,” explains Tashi Gauffin, Chief Commercial Officer at Billhop.



Let’s break it down.

Timing is everything when it comes to cash flow. Many businesses find themselves in a bind, having to pay suppliers upfront for goods or services while they wait weeks or even months to receive payment for their finished products. This creates a liquidity gap that traditionally requires supply chain financing or working capital loans to bridge.

Billhop offers a buyer-funded solution, meaning suppliers don’t bear any credit card processing fees. The platform enables businesses to leverage their credit lines, allowing them to pay suppliers more quickly and unlock the potential of early payment discounts². This system benefits both parties: the buyer gains flexibility, while the supplier receives funds through their usual bank transfer without any additional fees.

Many Billhop clients have found innovative ways to optimize this advantage. Some capitalize on the difference between the early payment discount and Billhop’s service fee, while others negotiate a discount equal to the fee. This allows businesses to extend their days payable outstanding (DPO) at no additional cost, improving cash flow management without burdening their suppliers.

Flexibility to Pay Out Anything from Tail Spend to Corporate Taxes

Billhop offers businesses the flexibility to cover a wide range of expenses, from non-strategic tail spend³ like office supplies and ad hoc services to more significant strategic costs. One key advantage is that businesses can use Billhop to pay suppliers that they don’t want to onboard for one-time or infrequent transactions. Often, the administrative burden and cost of onboarding these suppliers outweigh the value of the transaction itself, making Billhop’s solution a perfect fit for such scenarios.

When you weigh the immense value we create—unlocking liquidity, streamlining ad-hoc payments, and strengthening working capital, Billhop becomes more than just a card-enablement solution

Additionally, Billhop helps businesses handle payments where card usage is typically restricted, such as corporate tax payments. While tax authorities don’t usually accept credit card payments directly, Billhop’s platform allows companies to bypass this limitation by enabling card payments that are settled via traditional bank transfers.

Driving Growth and Efficiency with Billhop

Billhop empowers businesses with the tools they need to simplify payments, enhance cash flow, and meet compliance requirements with ease. With EU and UK regulations enforcing payment deadlines⁴ and interest on overdue payments, businesses are under pressure to pay on time and avoid penalties. Billhop’s platform offers the flexibility to quickly finance large payments via credit cards, helping businesses stay compliant while preserving healthy cash flow.

“When you weigh the immense value we create—unlocking liquidity, streamlining ad-hoc payments, and strengthening working capital, Billhop becomes more than just a card-enablement solution,” reaffirms Tashi Gauffin, Chief Commercial Officer at Billhop.

Regulated by both the Swedish Financial Supervisory Authority and the UK Financial Conduct Authority, Billhop offers a reliable and secure solution for businesses to optimize their financial operations.

1. https://www.paymentsdive.com/news/visa-eyes-remittances-b2b-for-payments-growth/631802/
2. https://billhop.com/2024/10/02/maximising-early-payment-discounts/
3. https://billhop.com/tail-spend-solution/
4. https://billhop.com/2024/09/02/combating-late-payments-in-b2b/