Hivve Partners with Peach Payments to bring more payment methods, including Buy Now, Pay Later, to B2B Wholesale in South Africa

In the dynamic world of wholesale trade, traditional models often struggle to keep pace with evolving market needs. But here at Hivve, we're rewriting the rules. Born in South Africa, Hivve is the fresh face of B2B wholesale, tailored specifically for the unique landscape of our region. At Hivve, we're dedicated to empowering brands and retailers alike with tools to make wholesale easier. And we have some exciting news for Hivve and its valued partners!

Empowering Businesses with a suite of payment methods from Peach, including BNPL Solutions

We're thrilled to announce our latest collaboration with Peach Payments, an innovative payment solution provider, to offer even more flexibility and convenience to our retailers and brands. As part of this partnership, Hivve now proudly offers a Buy Now, Pay Later (BNPL) option by ZeroPay, revolutionizing the way brands and retailers transact within our marketplace. While BNPL has been available in the retail space for some time, it is less prevelant in the wholesale context despite wholesale being one of the biggest sectors to benefit from the payment method.

What BNPL means for retailers

At Hivve, we're committed to empowering retailers looking to source loacl wholesale products with seamless payment solutions. ZeroPay BNPL unlocks a world of possibilities:

• Flexible Payment Terms: Say goodbye to the constraints of traditional payment models. With BNPL terms, you can order new inventory today and pay in three interest-free instalments over a 60 day period. This flexibility allows you to sell products before having to pay for them in full upfront, empowering you to manage your cash flow more effectively. In essence, a retailer can sell Hivve products now, and pay later!
• No Fees, No Penalties: With ZeroPay BNPL, you can enjoy a hassle-free payment experience. There are no fees or interest charged.

What this means for Brands

We understand the challenges faced by budding brands in managing cash flow and navigating traditional net payment terms in the world of wholesale. While it might be easy for large manufacturers to accept payments 30-60 days after delivering their products - until now, this has been beyond the reach of most local brands. That's why with ZeroPay BNPL, we're unlocking a world of opportunities for you. Brands on Hivve can now offer the products wholesale to retailers with BNPL payment terms. You can provide these payment terms at no cost or risk to you, making it even easier for retailers to stock your products. This means increased accessibility for retailers, leading to higher sales volumes and brand visibility.

Make the most of this opportunity by offering this option to potential new retailers who you'd like to try out your products.

A Glimpse into the Future of Wholesale

In a rapidly evolving market landscape, the ability to adapt and innovate is paramount. With Hivve's partnership with Peach and the introduction of ZeroPay BNPL, we're not just reimagining wholesale—we're shaping its future. By embracing modern payment solutions and fostering collaborative relationships, we're empowering businesses to thrive in an ever-changing environment. Stay tuned for even more payment terms options.

Join Us on the Journey

Whether you're a brand looking to expand your reach or a retailer seeking a diverse range of products, Hivve welcomes you with open arms. With our commitment to innovation, transparency, and partnership, we're here to redefine what's possible in the world of B2B wholesale.

Experience the Future of Wholesale with Hivve Today!

Published on March 27, 2024 by Hivve Wholesale