STORES Inc., which supports the digitalization of stores, will begin offering “STORES Business Deferred Payment by Digital Garage,” a deferred payment service for B2B transactions, today, utilizing the invoice card payment service infrastructure developed by Digital Garage, Inc. This service allows you to pay invoices received from business partners by credit card. The payment due date can be extended up to 60 days, improving the flexibility of cash flow. It also eliminates the hassle of bank transfers, leading to more efficient operations.
In recent years, while cashless payments have become more common among individuals (BtoC), transactions between businesses (BtoB) are still dominated by paper invoices and bank transfers, and cashless payments have not yet become widespread or established. In addition, the number of businesses that are closing down or suspending operations due to worsening cash flow caused by changes in the external environment, such as rising prices and labor shortages, is increasing.
In response to this situation, STORES has launched “STORES Business Deferred Payment,” which promotes cashless B2B transactions and helps small and medium-sized businesses improve their cash flow and business efficiency. Going forward, we will continue to develop services that support the sustainable growth of businesses.
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STORES Inc. aims to create an economy driven by passion and commitment under the mission of “Just for Fun.” We provide a wide range of products to support the store operations of small and medium-sized businesses, mainly in the retail, food and beverage, and service industries. Through our customer data-based products, we support the sustainable sales growth of businesses and create a society filled with unique and diverse businesses.
SOURCE: PRTimes