Finance Tech

STORES Inc Launches Its B2B Deferred Payment Service

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…