Apparel and fashion wholesalers in New York face unique payment challenges when managing cash flow, processing large orders, and maintaining relationships with buyers across global markets. Traditional payment methods often create delays, increase administrative costs, and limit growth opportunities for wholesale businesses operating in the fast-paced fashion industry.
Modern B2B payment solutions offer specialized features like automated invoicing, multi-currency processing, and real-time payment tracking that help fashion wholesalers streamline operations and accelerate cash flow. The best B2B payment solutions provide integrated platforms that handle everything from order processing to payment collection, while fashion-specific platforms offer industry-tailored tools for wholesale transactions.
JOOR Pay serves as a global B2B payments solution specifically designed for fashion wholesalers. The platform integrates directly into JOOR's wholesale management system, eliminating the need for separate payment processing tools.
Fashion brands can accept payments across 135 currencies through the embedded system. The solution functions as the merchant of record, handling all payment processing responsibilities for wholesale transactions.
JOOR Pay offers 60-day net terms to qualified buyers, which helps increase order volumes for sellers. The platform includes fraud prevention tools and eliminates foreign exchange currency risks for international transactions.
The system processes payments within days rather than weeks or months typical in wholesale fashion. This accelerated cash flow helps brands manage inventory investments and operational expenses more effectively.
Over 13,700 brands and 394,000 retailers currently use JOOR's ecosystem, processing nearly $20 billion in wholesale order volume annually. The payment solution integrates seamlessly with existing JOOR workflows, requiring minimal setup changes for current users.
JOOR Pay reduces payment friction between brands and retailers while providing real-time order and payment tracking capabilities.
Handshake operates as a wholesale marketplace built by Shopify that connects fashion brands with retailers. The platform allows suppliers to sell products without paying commissions or fees.
Handshake payments integrate with multiple vendors including PayPal, Square, and Stripe. Businesses can set up their preferred payment processor through the platform's integrated system.
The payment setup requires choosing a vendor, integrating it with Handshake, and testing functionality. Fashion wholesalers benefit from real-time order and payment tracking capabilities.
Square specifically partners with Handshake to handle both online and in-person B2B card payments. This partnership provides apparel wholesalers with flexible payment processing options for different transaction types.
New York fashion businesses can use Handshake to streamline negotiations with retailers while processing payments securely. The platform reduces complexity in wholesale transactions by combining marketplace functionality with integrated payment processing.
Payment reconciliation tools help businesses track transactions between Handshake and their chosen payment processor. Invoice reports and lookup features provide additional financial management capabilities for B2B fashion payment processing.
AvidXchange delivers comprehensive payment automation software specifically designed for B2B transactions. The platform handles the complete accounts payable process from invoice capture to final payment.
Fashion wholesalers can process payments through multiple methods including virtual cards, AvidPay Direct, and traditional checks. The system connects businesses to over 680,000 suppliers with more than 40% already accepting electronic payments.
The platform integrates directly with existing accounting systems and ERP software. This eliminates manual data entry and reduces processing errors that commonly occur with paper-based workflows.
AvidXchange automates invoice approval workflows and payment scheduling. Businesses can maintain better cash flow oversight while reducing the administrative burden on accounting teams.
The solution offers real-time reporting capabilities that help finance teams make informed decisions. Companies can track payment status, manage vendor relationships, and maintain complete visibility over their accounts payable operations.
For New York fashion wholesalers managing multiple supplier relationships, AvidXchange centralizes all payment activities into a single platform. This streamlines operations and ensures faster payment processing cycles for maintaining strong vendor partnerships.
Tipalti specializes in global payment automation for businesses managing multiple suppliers across different countries. The platform handles payments to over 200 countries and territories with built-in tax compliance features.
Fashion wholesalers can process payments through multiple methods including ACH, wire transfers, and checks. The system automatically handles currency conversions and regulatory requirements for international transactions.
The platform offers automated supplier onboarding and invoice processing capabilities. Suppliers can submit invoices directly through the system and track payment status in real-time.
Tipalti integrates with major ERP systems and accounting software commonly used by wholesale businesses. Payment data syncs automatically to maintain accurate financial records.
The solution includes comprehensive tax compliance tools that handle 1099 reporting and international tax requirements. This reduces manual compliance work for finance teams managing diverse supplier networks.
Pricing varies based on payment volume and features selected. Businesses typically see reduced processing costs and improved payment accuracy after implementation.
Payoneer specializes in cross-border payments for fashion wholesalers working with international suppliers and buyers. The platform supports transactions in 190+ countries with competitive exchange rates.
Fashion businesses can receive payments from global clients through multiple methods including local bank transfers and USD via SWIFT network. This flexibility helps wholesalers accommodate different buyer preferences across markets.
The platform offers B2B payment solutions with lower processing fees for high-volume transactions common in wholesale fashion. Volume discounts make it cost-effective for large orders typical in the apparel industry.
Payoneer provides dedicated account management and invoicing tools designed for B2B transactions. Fashion wholesalers can track payments and manage cash flow more effectively through the centralized dashboard.
The service includes cross-border business payment accounts that simplify international trade operations. New York fashion wholesalers can pay overseas manufacturers while receiving payments from domestic and international retailers through one platform.
Security features include fraud protection and compliance with international banking regulations. This gives fashion businesses confidence when handling large wholesale transactions across borders.
Stripe Billing offers recurring payments and subscription solutions designed for businesses that need flexible billing options. Fashion wholesalers can use this platform to manage customer subscriptions and automate revenue workflows.
The system handles various billing models beyond simple recurring payments. Businesses can set up usage-based billing or manage sales-negotiated contracts with their retail partners.
Stripe Billing automates payment reconciliation through virtual bank account numbers. This feature integrates with invoicing systems and revenue recognition processes that apparel wholesalers typically use.
The platform accepts payments globally, which benefits New York fashion wholesalers working with international retailers. Companies can collect and retain more revenue through automated payment retry logic.
B2B eCommerce platforms integrate directly with Stripe Billing to streamline wholesale operations. This integration reduces manual payment processing work that often slows down fashion business operations.
Fashion wholesalers benefit from the platform's ability to handle large transaction volumes common in wholesale orders. The system scales with business growth without requiring significant infrastructure changes.
BlueSnap offers a comprehensive payment orchestration platform designed specifically for B2B businesses. The company recently won recognition as the Best B2B Payments Product at the FinTech Breakthrough Awards.
Fashion wholesalers can use BlueSnap's platform to accept multiple payment methods from retailers globally. The system supports credit cards, ACH transfers, and international payment options through a single integration.
The platform includes automated invoice generation and digital payment processing capabilities. This reduces manual work for accounting teams who typically spend time processing paper checks and managing payment reconciliation.
BlueSnap's global reach covers North America, Europe, Asia Pacific, and Latin America. Fashion wholesalers expanding into new markets can use the same payment infrastructure across different regions.
The system handles both one-time orders and subscription-based payments for retailers who order inventory regularly. Virtual terminal functionality allows wholesalers to process manual orders and phone payments when needed.
BlueSnap integrates with existing ERP and accounting systems commonly used by apparel wholesale businesses. The platform provides real-time reporting and analytics to track payment performance across different customer segments.
Adyen offers a comprehensive payment platform designed specifically for large-scale wholesale operations. The company was built to serve major brands and provides a single platform for payment processing, acquiring, and risk management.
Adyen and Salesforce B2B integration allows wholesale businesses to handle online, mobile, and in-store payments from one central location. This eliminates the need for multiple payment processors across different sales channels.
The platform supports all major payment methods that wholesale buyers expect. Fashion wholesalers can accept credit cards, bank transfers, and digital wallets without switching between different systems.
Adyen's risk management tools help protect wholesale transactions, which are typically higher in value than retail purchases. The system monitors transactions in real-time and flags suspicious activity before processing payments.
AI-powered payment optimization through Adyen Uplift helps businesses increase authorization rates and reduce failed payments. This feature is particularly valuable for wholesale orders where payment failures can impact large revenue amounts.
The platform scales with business growth and handles international payments across multiple currencies. Fashion wholesalers expanding into global markets can process payments from buyers worldwide through the same system.
Square offers a straightforward payment solution for apparel and fashion wholesalers in New York. The platform charges 2.9% per transaction plus 30 cents for credit card processing.
The system integrates with B2B ecommerce platforms to streamline wholesale operations. Square payments integration allows businesses to accept online payments and update invoice payments automatically.
Fashion wholesalers can use Square's unified dashboard to track all sales data in one place. The platform eliminates time spent reconciling payment information across multiple systems.
Square provides both in-person and online payment processing capabilities. Wholesalers can accept payments through hardware terminals or online checkout systems depending on their business model.
The platform offers Cash App as a simple B2B payment option similar to Venmo. This feature works well for smaller wholesale transactions between fashion businesses.
B2B payment processing companies typically recommend Square for new wholesale businesses due to its easy setup process. The platform requires no long-term contracts or monthly fees for basic services.
Square scales with growing fashion wholesale operations across all 50 states. The system handles inventory syncing and provides complete sales reporting for wholesale accounts.
Veem provides a global payment platform designed for businesses that need to send and receive payments across multiple countries. The platform supports transactions in over 100 countries, making it suitable for apparel wholesalers with international supplier networks.
The service offers competitive foreign exchange rates and transparent pricing with no hidden fees. Businesses can save $30-$50 per transaction compared to traditional banking methods when making international payments.
Veem processes payments quickly, often within minutes for domestic transfers. The platform includes real-time tracking features that allow businesses to monitor payment status and receive updates on delivery times.
The system integrates with popular accounting software to streamline financial processes. This integration helps apparel businesses consolidate their payment workflows and maintain accurate financial records.
Fashion wholesalers can use Veem to pay suppliers, vendors, and contractors efficiently. The platform handles both one-time payments and recurring transactions for regular business operations.
Veem offers white-label solutions for businesses that want to customize the payment experience. Companies can brand the interface to match their corporate identity while using Veem's payment infrastructure.
The platform focuses primarily on B2B transactions rather than consumer payments. This specialization makes it well-suited for wholesale operations in the fashion industry.
Fashion wholesalers in New York face distinct payment obstacles including processing thousands of transactions during peak seasons, managing international currency exchanges, and meeting strict financial regulations. These challenges directly impact cash flow and operational efficiency.
Peak fashion seasons create massive spikes in transaction volume for New York wholesalers. During spring and fall buying periods, companies process hundreds of orders daily from retailers across the country.
Traditional payment systems often crash or slow down during these high-volume periods. This creates delays in order processing and frustrated customers.
Common volume-related issues include:
Many wholesalers still rely on manual payment processing methods. These outdated systems cannot handle the scale modern fashion businesses require.
Cash flow management becomes critical when processing large order volumes. Delayed payments can tie up significant capital needed for inventory restocking.
B2B payment platforms designed for high-volume processing offer automated solutions. These systems can handle thousands of transactions simultaneously without performance issues.
New York fashion wholesalers frequently work with international suppliers and customers. Currency exchange rates fluctuate daily, creating unpredictable costs for businesses.
International wire transfers often take 3-5 business days to process. This delay impacts inventory ordering and customer relationships.
Key cross-border payment challenges:
Traditional banks charge high fees for international transactions. Small to medium-sized wholesalers feel these costs more severely than larger competitors.
Payment timing becomes critical when working with overseas manufacturers. Late payments can delay production schedules and impact delivery dates.
Modern payment solutions offer real-time currency conversion and faster international transfers. These tools help wholesalers better manage global supply chains.
Payment card industry standards require strict data protection measures. Fashion wholesalers must maintain PCI DSS compliance to process credit card payments safely.
New York state financial regulations add additional compliance layers. Businesses must follow both federal and state guidelines for payment processing.
Critical compliance requirements:
Data breaches cost fashion companies an average of $4.5 million per incident. Small wholesalers often lack the resources to recover from major security incidents.
Customer payment data requires secure storage and transmission. Many wholesalers use outdated systems that don't meet current security standards.
B2B ecommerce solutions offer built-in compliance features. These platforms handle security requirements automatically, reducing risk for wholesale businesses.
Regular security updates and monitoring prevent most payment fraud attempts. Automated systems detect suspicious activity faster than manual processes.
Fashion wholesalers need payment systems that connect with their existing business tools and provide clear visibility into cash flow. The right platform should sync with accounting software, offer real-time transaction monitoring, and accommodate flexible payment schedules that match industry buying patterns.
Seamless integration eliminates manual data entry and reduces errors that cost fashion wholesalers time and money. Payment platforms should connect directly with popular accounting software like QuickBooks, NetSuite, and Sage.
Key integration benefits include:
The system should also sync with inventory management platforms. When a wholesale order gets paid, inventory levels update automatically across all channels.
This prevents overselling and maintains accurate stock counts. Modern B2B payment solutions that offer these integrations help fashion businesses maintain better financial controls.
Fashion wholesalers handle multiple orders with varying payment schedules throughout busy seasons. Real-time tracking shows exactly which invoices are paid, pending, or overdue at any moment.
Essential tracking features:
This visibility helps businesses manage cash flow during peak seasons like back-to-school or holiday ordering periods. Wholesalers can quickly identify which retail customers have outstanding balances.
Real-time alerts notify teams when payments process successfully or fail due to insufficient funds. This immediate feedback allows quick follow-up with customers to resolve payment issues before they impact relationships.
Fashion retailers often need extended payment terms to manage seasonal cash flow challenges. B2B payment platforms should support net 30, 60, or 90-day terms alongside immediate payment options.
Payment flexibility options:
Some platforms offer B2B payment processing features that include buy-now-pay-later options specifically designed for wholesale transactions. This flexibility helps retail customers manage their purchasing power.
The system should automatically calculate payment due dates based on agreed terms. It should also track partial payments and apply them correctly to outstanding balances without manual intervention.
Fashion wholesalers need specific payment solutions that handle high-volume transactions, extended payment terms, and seamless marketplace integrations. Processing fees and international capabilities remain top concerns for New York-based apparel distributors.
JOOR Pay stands as the industry leader for fashion wholesalers. The platform connects directly with JOOR's wholesale marketplace used by thousands of brands.
Handshake Payments offers specialized tools for apparel businesses. The system handles complex wholesale pricing structures and seasonal ordering cycles.
AvidXchange provides comprehensive accounts payable automation. Their platform processes over $270 billion in payments annually across various industries.
Tipalti delivers global payment capabilities for fashion brands. The solution supports multiple currencies and international supplier payments.
Payoneer for B2B enables cross-border transactions with competitive exchange rates. Fashion wholesalers use it to pay international suppliers and receive payments from global buyers.
Automated invoice processing eliminates manual data entry errors. B2B payment solutions reduce processing time from days to hours.
Digital approval workflows speed up purchase authorization. Finance teams can approve orders remotely through mobile apps and web portals.
Integrated payment tracking provides real-time transaction visibility. Wholesalers monitor payment status without calling suppliers or checking multiple systems.
Electronic payments replace paper checks and wire transfers. This reduces processing costs and eliminates lost payment delays.
JOOR Pay integrates directly with the JOOR marketplace platform. Orders placed on JOOR automatically sync with payment processing workflows.
Handshake Payments connects with major fashion wholesale platforms. The system supports API integrations with custom marketplace solutions.
Most enterprise payment providers offer marketplace APIs. These connections enable automatic order import and payment reconciliation across multiple selling channels.
Fashion brands should prioritize solutions with existing marketplace partnerships. Native integrations reduce setup time and ongoing maintenance requirements.
Net payment terms support is essential for fashion wholesale. Most buyers expect 30 to 60-day payment windows for seasonal orders.
Multi-currency processing handles international transactions. New York distributors often work with overseas manufacturers and global retailers.
High transaction limits accommodate large wholesale orders. Fashion orders frequently exceed standard retail transaction amounts.
Credit evaluation tools assess buyer creditworthiness. This protects distributors from payment defaults on large orders.
Integration capabilities connect with existing ERP systems. Seamless data flow prevents duplicate entry and reconciliation errors.
ACH transfers typically cost $0.25 to $1.50 per transaction. This makes them cost-effective for large wholesale payments over $1,000.
Credit card processing ranges from 1.5% to 3.5% plus fixed fees. B2B payment processing often offers volume discounts for high-transaction businesses.
Wire transfer fees range from $15 to $50 per transaction. International wires can cost $35 to $75 depending on the destination country.
Digital wallet solutions charge 1% to 2.9% per transaction. These rates often decrease with higher monthly processing volumes.
Platform-specific fees vary by provider and integration complexity. Custom enterprise solutions may include monthly subscription costs alongside per-transaction fees.
Multi-currency support enables global supplier payments. Wholesalers can pay manufacturers in their local currencies to avoid conversion markups.
Foreign exchange rate management reduces currency risk. Many platforms offer hedging tools and competitive exchange rates for regular international payments.
International compliance features handle regulatory requirements. Solutions manage tax reporting, anti-money laundering checks, and cross-border documentation.
Global payment rails support various regional preferences. This includes SEPA transfers for Europe, local bank transfers for Asia, and specialized payment methods by country.
Payoneer and Tipalti excel at international fashion trade. Both platforms offer dedicated support for cross-border wholesale transactions with competitive rates.
This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.