Nickel is a cutting-edge payment and credit solution designed specifically for small to medium-sized B2B enterprises. By providing a comprehensive platform, Nickel assists business owners and finance departments in enhancing cash flow while simplifying operations related to accounts receivable, accounts payable, and trade credit. Among its notable offerings are:
Payment Processing:
Unlimited ACH transfers at no cost and a competitive card processing fee of 2.9%.
The ability to deposit checks directly into Nickel while managing significant transactions up to $1 million.
Accounts Receivables:
Customizable Payment Links and Payment Portals that facilitate effortless payment collection.
The capability to accept payments through cards, ACH, or checks from a wide network of over 14,000 banks.
One-click payments are enabled by securely storing buyer payment details for convenience.
Accounts Payables:
Efficient vendor onboarding through a personalized Vendor Portal.
The automation of bill approvals and the option to pay vendors using cards, ACH, or traditional checks.
Trade Credit:
A Digital Credit Application that accelerates the customer onboarding process and enhances vetting efficiency.
In addition, the trade credit program provides buyers with generous 60-day payment terms to improve their cash flow management.