Evolving Credit and Terms

Online Credit Management
The world of credit is constantly evolving, and incrementally as technology continues to improve. From what started as trading goods for services, offering monthly account tabs, and handing out credit coins and charge plates to loyal customers has since changed into Diner’s Club cards, further matured into American Express charge cards, and finally into credit cards. source Where It All Began John Biggins of Biggin’s Bank, introduced the first bank card in 1946 in Brooklyn, NY. The caveat was that these “Charg-It” cards were only useful for local purchases by customers that held an account at Biggin’s Bank. “When a […]

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Shopify + Apruve

The Apruve App in the Shopify App Store is a wholesaler’s dream. Now, Shopify stores can offer their wholesale buyers payment terms and credit with zero risk to them. Buyers apply online for credit with the seller through Apruve’s online credit application (includes seller’s branding and is managed and processed by Apruve). Once approved, buyers can start using their credit with the online store and pay on terms. Sellers receive payment on invoices 24 hours or less after they are generated online (reducing the time it takes to get paid). Buyers then pay Apruve according to the terms offered (Net […]

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B2B eCommerce Apruved Features – Credit Limit Progress Bar

Apruve Credit Management
In this installment of ‘Apruved’ Features, we take a look into the convenience of the checkout modal. The modal is generated by clicking the Apruve button at checkout, where all pertinent information is displayed. One of the options is to pay with a Corporate Account, which showcases the buyer’s available credit in real-time. The credit limit progress bar updates as purchases are made and as invoices are paid, so each buyer knows exactly how much they can spend at a given time. Are you ready to make the switch to easier checkout? Contact us! 844-4-APRUVE […]

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