Hokodo
A B2B Buy Now, Pay Later platform offering instant trade credit and payment terms for merchants.
Increase in Conversion Rate
40%
Increase in Average Order Value
30%
Increase in Purchase Frequency
24%
About Hokodo
NOTE: Hokodo has ceased trading as of 2024. Hokodo formerly offered a comprehensive suite of B2B payment solutions designed to facilitate frictionless trade. The platform allowed sellers to offer instant credit decisions to their buyers online, in-store, or over the phone. Their core products included traditional 30, 60, or 90-day payment terms, digital trade accounts with consolidated billing, and instalment payment plans for larger purchases. By underwriting the trade credit risk and managing the collections process, Hokodo aimed to help merchants increase conversion rates, boost average order values, and improve customer loyalty without taking on additional financial risk or administrative overhead. The service was designed for various sales channels, including B2B marketplaces and direct e-commerce websites, with integration options via API or hosted checkouts.
Payment Solutions (Formerly Offered)
Pay Later
Offered classic B2B payment terms of 30, 60, or 90 days.
Trade Accounts
Provided a digital trade account with a single statement and consolidated invoicing.
Instalment Payments
Allowed buyers to split large orders across several monthly or bi-weekly instalments.
Pay Now & Pay Later
A unified checkout experience supporting both upfront and deferred payment options.
Platform Features
Credit Risk Underwriting
Hokodo assessed buyer creditworthiness in real-time and underwrote the risk.
Multi-Channel Support
Solutions were available for e-commerce websites, in-store points of sale, and phone orders.
Integration Options
Offered both a full API reference for custom integration and a simpler Hosted Checkout solution.
Debt Collection
Managed the collections process for overdue invoices on behalf of the merchant.