Saturday, June 10, 2006

eCredit challenges dominance of credit cards with new online payment service - Company Business and Marketing

Swedish-based eCredit (formerly Allfactoring AB) has unveiled a new online payment service for web-based business-to-business transactions.

Targeted mainly at companies operating in the manufacturing and distribution sectors, the new eCredit service is designed to provide real-time credit decisions around the clock. Through an interactive button on the client's web site, eCredit makes risk assessments of key customer data. It then provides a guaranteed payment of up to 100% of invoiced sales - funding sales throughout the supply chain.

In addition eCredit offers an integrated sales ledger administration service, which administers the client's entire sales invoicing and sales ledger management function.



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