Given MSTS ‘deep expertise in serving e-commerce and B2B manufacturing customers, we knew they were the right, trusted payment partner for INTENSE Cycles.
OVERLAND PARK, Kan. (PRWEB)
January 25, 2021
MSTS, a global provider of B2B payment and credit solutions, today announced the launch of its Credit as a ServiceÂ® (CaaS) solution for INTENSE Cycles, a leading manufacturer and retailer of mountain bikes and race, spare parts and equipment. The technology will allow INTENSE Cycles to offer its resellers clear conditions and payment by invoice.
âOver the past year, we have seen our customer base grow as more and more people become interested in the outdoors,â said Michael Ford, Director of Finance and Operations at INTENSE Cycles. âWhile flexible payments have always been a priority for us, this increased demand has further accelerated our need to extend credit. Given MSTS ‘deep expertise in serving e-commerce and B2B manufacturing customers, we knew they were the right, trusted payment partner for INTENSE Cycles. We look forward to leveraging MSTS technology to better serve our dealers and end customers, now and in the future.
Following the increase in stay-at-home notices due to the COVID-19 pandemic in 2020, INTENSE Cycles has seen an increase in demand among cycling enthusiasts and newcomers. As a result, the company has recognized the need for flexible payment and billing terms for its dealers who are purchasing increasing amounts of bicycles and parts. INTENSE Cycles has adopted MSTS ‘white label payment solution which enables credit extension and checkout invoicing on the company’s e-commerce platform. As a result, dealers are able to bring a wider range of bikes, parts and equipment to stores, improving the end user’s shopping experience.
âINTENSE Cycles’ strong e-commerce platform demonstrates its true market leadership in the cycling industry,â said Brandon Spear, CEO of MSTS. âWe pride ourselves on providing the company with the technology necessary to free INTENSE Cycles from the logistics of payment processes and, instead, enable them to cultivate lasting relationships with its dealer network and end customers. “
To learn more about MSTS credit and payment solutions, visit http://www.msts.com.
MSTS is a global leader in B2B payment and credit solutions, facilitating $ 6 billion in transactions per year in 17 currencies for customers in more than 190 countries. Our industry-leading Credit as a ServiceÂ® (CaaS) solution sets the stage for the future of omnichannel B2B payments. The company specializes in the management of payments and credits for B2B businesses in the fields of transportation, manufacturing and distribution, retail, e-commerce and markets. MSTS Credit-as-a-Service is a suite of applications and services that facilitate B2B payments by extending terms, handling billing and handling receipts.
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