WorldPay, a global leader in payment processing, risk and alternative payments, has partnered with e-Document solution provider Anachron to enable merchants to pay e-Invoices in real-time.
Anachron is one of Europe's leading e-Document service providers, specialising in cutting edge solutions for B2B and B2C electronic document presentment. The new Anachron and WorldPay paperless billing solution combines a bespoke e-Invoicing platform with real-time online payments, all through one connection.
When a merchant issues an invoice through the Anachron portal, the payee is able to settle the sum using their preferred payment method and currency. Once the invoice has been paid via WorldPay's integrated payments gateway, the merchant immediately receives this payment in their chosen currency, helping them to reduce day sales outstanding (DSO) and improve their cashflow.
Kevin Dallas, Chief Product & Marketing Officer, e-commerce at WorldPay, says: "The Anachron/WorldPay integration offers a powerful solution to merchants looking to grow and expand globally. It also greatly improves the customer's experience with the merchant, as they are able to pay using their preferred currency, language and payment method via WorldPay's suite of more than 200 alternative payment methods and cards. Research shows that 42% of consumers will spend more online if they're offered a variety of payment types."
Frank Hoekstra, CEO, Anachron says: "In the increasingly globalised field of e-commerce, we want to ensure our merchants have access to the leading online payment solutions. The Anachron/WorldPay solution means merchants benefit from a fully integrated invoicing process which increases global reach, drives down costs through paperless processing and reduces transaction times.
"Online payments follow e-Invoicing and Credit Management as we expand our financial services technology solution. By working with an established and proven partner in WorldPay, we have a firm foundation to further develop our offering."