We’ve heard from a lot of Zoey merchants over the last year that, as you push more of your B2B customers to your eCommerce experience, that you need a Net Terms solution to match it. (Unsure what Net Terms is? Click here!)
We’ve partnered with fintech leader Fundbox to enable you to offer your customers access to net-60 terms with credit limits up to $100,000.
The Fundbox solution is great for a few reasons.
You Get Paid Right Away
You get paid as soon as the next business day when your approved customers pay you with Fundbox.
You Can Sell More
With net-60, your customers can buy more, and more often.
It is a Simple to Set Up
Follow a few easy steps and Fundbox will appear as a payment option in your checkout.
Less Risk as a Merchant
Fundbox handles the collection of payment. If they're unable to collect, there is no recourse against you as the merchant.
How It Works
Register for a Fundbox account. Go to the Fundbox app listing on Zoey, give us some basic info about your business, and connect your bank account so we know where to send your money.
Add the Fundbox plug-in. Follow a few simple steps to add Fundbox to your checkout experience. No engineers needed. It will default to net-60 terms. If you want you can configure it to your specifications with help from our sales team.
Start getting paid. When Fundbox is live in your checkout, your customers can apply for credit and, if approved, use Fundbox to make a purchase from you in minutes.** You pay an interchange fee per transaction.
Credit limits up to $100,000
Approved customers can qualify for up to $100,000 in credit through Fundbox.
You can configure Fundbox to offer the net terms that fit with your business. Net 30, 45, or 60: it’s your choice. Just connect with a member of our sales team and we can help.
You can authorize a purchase before money changes hands. Credit from your customer’s Fundbox account will be earmarked until the transaction is complete. You don’t pay any fees until the transaction is complete.
While Fundbox works seamlessly within Zoey, it also works if you transact through invoicing. Once your customer is approved for Fundbox credit, they can use it to pay you however you choose to transact.
When your customer pays you using Fundbox, you will receive the money, every time.
No Hidden Fees
You pay 2.9% fee for each transaction. Nothing else.
Seamless Buyer Onboarding
Your customers can apply for Fundbox in minutes and get a credit decision in about 3 minutes**. And they can do it all without ever leaving your checkout experience.
Zoey is a powerful eCommerce solution for B2B and wholesale businesses. It also leverages B2C-type capabilities to empower merchants to let their customers self-serve common needs like reordering, order status and account maintenance. Zoey has many enterprise-grade B2B and wholesale capabilities built into its platform for easy establishment and growth of a B2B business.