Resolve Pay vs Balance Payments vs Hokodo: 2026 Comparison

When B2B companies need to offer flexible payment terms while maintaining healthy cash flow, selecting the right payment platform becomes an important business decision. Resolve Pay, Balance Payments, and Hokodo represent different approaches to B2B commerce infrastructure. Resolve Pay combines net terms financing, accounts receivable automation, embedded payments, and non-recourse advances for approved invoices. Balance Payments focuses on API-driven payment and financing infrastructure for marketplaces and enterprise commerce platforms. Hokodo historically served the European B2B trade credit market before shutting down in 2026. For North American manufacturers, distributors, wholesalers, and B2B ecommerce businesses, Resolve Pay provides the most directly aligned combination of buyer payment flexibility, faster seller payment, credit risk support, and receivables automation.

Key Takeaways

• Resolve Pay connects the credit-to-cash lifecycle: The platform combines buyer credit decisions, funded net terms, invoicing, payment acceptance, collections, and reconciliation in one coordinated system.
• Approved advances are non-recourse: Merchants keep funds advanced on approved invoices even if an approved buyer later defaults, subject to Resolve Pay’s terms and buyer verification.
• Sellers can receive funds faster: Resolve Pay can advance up to 100% on eligible approved invoices while allowing buyers to receive Net 30, Net 60, Net 90, or customized terms.
• AR automation reduces manual work: AI-supported workflows help automate invoicing, reminders, collections, bookkeeping, and payment reconciliation across the receivables lifecycle.
• Resolve Pay supports established B2B sellers: The platform is designed primarily for manufacturers, distributors, wholesalers, suppliers, and ecommerce merchants with established B2B revenue.
• Hokodo is now in historical market context: Hokodo served European B2B trade credit use cases before its operations were shut down in 2026, so it is no longer an option for new deployments.

Why Businesses Compare B2B Payment Platforms

B2B companies usually evaluate payment platforms when extended payment terms begin affecting sales, cash flow, or accounts receivable capacity. Buyers may expect Net 30, Net 60, or Net 90 terms, particularly for larger orders, recurring purchases, and established supplier relationships. Sellers, however, must continue paying employees, vendors, carriers, and operating expenses while waiting for invoices to mature.

The Small Business Credit Survey tracks financing conditions and credit access among US small businesses. The Federal Reserve Payments Study also documents the continued evolution of noncash payment activity. Together, these resources illustrate why payment flexibility and reliable access to working capital remain important to business operations.

Modern B2B payment platforms can address more than payment processing. Depending on the provider, they may support:

• Buyer credit applications and underwriting
• Net terms at checkout or through sales representatives
• Advance payment on approved invoices
• ACH, wire, card, and check acceptance
• Automated invoice reminders and collections
• ERP, ecommerce, and accounting synchronization
• Reconciliation and receivables reporting

Resolve Pay brings these functions together through an integrated seller-side platform. This allows businesses to offer buyers more time to pay while improving the predictability of their own cash flow.

Understanding Each Platform’s Market Position

Resolve Pay

Resolve Pay is a B2B payments and net terms platform designed to help merchants grow sales, receive payment faster, and reduce credit risk. The company originated as the B2B division of Affirm before becoming an independent platform focused on trade credit, invoice advancement, and receivables management.

The platform combines B2B payment workflows, embedded credit expertise, non-recourse invoice advancement, and AI-supported AR automation. Sellers can offer eligible buyers flexible terms across ecommerce, traditional sales, field sales, and hybrid purchasing channels.

Resolve Pay manages buyer credit assessment, credit decisions, payment servicing, and collections workflows. For eligible approved invoices, sellers can receive an advance instead of waiting for the buyer’s full payment period. Buyers retain the agreed payment terms, while the seller gains faster access to cash.

Balance Payments

Balance Payments provides payment and financing infrastructure for B2B marketplaces, platforms, and enterprise commerce environments. Its API-focused model supports businesses that want to embed payment methods, buyer financing, trade credit, and transaction workflows into their own products.

Balance is commonly evaluated by organizations that have complex marketplace structures, developer resources, or customized payment orchestration requirements. Its infrastructure model is particularly relevant when the payment experience must be deeply embedded into a platform serving multiple buyers and sellers.

Hokodo

Hokodo historically provided embedded B2B trade credit and buy now, pay later infrastructure for European merchants and marketplaces. Its services included buyer credit decisions, payment terms, merchant protection, and localized European trade credit workflows.

Hokodo shut down in 2026 after approximately eight years of operation. Reports published in April 2026 described the closure after the company had financed more than €500 million in invoices across European markets. Hokodo should therefore be treated as historical category context rather than an active platform available for new implementations.

1. Resolve Pay for Integrated B2B Payments and Financing

Integrations: QuickBooks Online, Xero, NetSuite, Sage Intacct, Shopify, BigCommerce, Magento 2, WooCommerce, and flexible APIs

Best for: Established North American B2B sellers that want funded net terms, credit risk support, payment workflows, and AR automation

Resolve Pay provides the strongest alignment in this comparison for sellers that need to offer payment terms while protecting cash flow. Instead of treating credit, invoicing, payments, and collections as separate processes, Resolve Pay connects them within one credit-to-cash workflow.

Businesses can use Resolve Pay to evaluate buyers, establish customized credit lines, issue invoices, provide approved terms, accept payments, follow up on outstanding balances, and synchronize transaction data with financial systems.

Key Features

• AI-Supported Buyer Credit Decisions: Resolve Pay evaluates business information, financial signals, and behavioral data to support scalable credit decisions. Final approvals and credit lines remain subject to buyer verification and Resolve Pay’s discretion.
• Non-Recourse Advances: Cash advances on approved invoices are non-recourse, meaning merchants keep the advanced funds if an approved buyer later defaults, subject to the applicable agreement and transaction conditions.
• Flexible Net Terms: Sellers can offer approved buyers Net 30, Net 45, Net 60, Net 90, installment, or customized payment structures without waiting through the entire buyer payment period.
• Invoice Advancement: Resolve Pay can advance up to 100% of eligible approved invoice value. Advance percentages vary based on the buyer, transaction, and underwriting decision.
• Accounts Receivable Automation: The AR automation platform supports invoicing, reminders, collections workflows, transaction matching, reconciliation, and receivables visibility.
• Business Credit Checks: Sellers can use business credit checks to evaluate potential buyers with less manual paperwork and more consistent credit workflows.
• Branded Buyer Portals: Buyers can review invoices and submit payment through ACH, wire transfer, credit card, or check while interacting with the seller’s branding.
• Connected Financial Systems: Resolve Pay’s financial system integrations help synchronize customer, invoice, payment, and reconciliation data across ecommerce, ERP, and accounting tools.

How Resolve Pay Supports Seller Cash Flow

Traditional trade credit requires the seller to finance the buyer during the payment term. A supplier offering Net 60 may deliver products today but wait approximately two months before receiving payment. During that period, the supplier remains responsible for inventory replenishment, payroll, logistics, and other operating expenses.

Resolve Pay changes this timing for eligible approved invoices. The buyer receives the approved payment period, while the seller can receive an advance much earlier. This helps businesses extend competitive terms without increasing receivables at the same rate as sales.

The model can be useful for:

• Seasonal purchasing cycles
• Large equipment or inventory orders
• Repeat wholesale customers
• Ecommerce transactions requiring terms at checkout
• Sales teams negotiating payment flexibility
• Businesses entering new customer segments

Resolve Pay describes this model as a modern alternative to factoring because it combines invoice advancement with buyer underwriting, payment servicing, and receivables automation. The platform is designed around the seller’s ongoing customer relationship rather than simply purchasing isolated invoices.

Accounts Receivable Automation

Funding is only one part of Resolve Pay’s value. The platform also supports receivables operations for net terms, cash on delivery, and invoices due upon receipt.

AI-supported workflows can help finance teams:

• Generate and manage invoices
• Schedule payment reminders
• Track buyer balances and available credit
• Coordinate collection follow-up
• Match payments to invoices
• Synchronize accounting records
• Monitor receivables from a central dashboard

Resolve Pay’s net terms management capabilities help reduce the need to maintain separate systems for credit approval, invoicing, payment servicing, and collections. This is particularly valuable for growing B2B companies whose sales volumes are increasing faster than their finance headcount.

Ecommerce and ERP Connectivity

Resolve Pay can support online, offline, and hybrid B2B sales models. Ecommerce merchants can embed payment terms into checkout, while sales-assisted businesses can use Resolve Pay for invoices generated through sales representatives, ERP systems, or accounting platforms.

Supported systems include:

• Shopify
• BigCommerce
• Magento 2
• WooCommerce
• QuickBooks Online
• Xero
• NetSuite
• Sage Intacct

Resolve Pay also offers APIs for businesses with custom ecommerce or internal order-management systems. Its net terms for ecommerce workflows allow eligible buyers to apply for or use approved payment terms as part of the purchasing process.

Resolve Pay announced a 2026 BigCommerce Innovative Integration Award for its work connecting B2B net terms and payment workflows with BigCommerce stores.

Best Fit

Resolve Pay is best suited to established manufacturers, distributors, wholesalers, suppliers, and B2B ecommerce sellers that want to:

• Offer buyer-friendly payment terms
• Receive payment faster on approved invoices
• Reduce exposure to approved buyer defaults
• Automate credit and receivables work
• Connect payment workflows with existing systems
• Maintain a branded buyer experience
• Support online and sales-assisted transactions

Eligibility, credit lines, advance percentages, and payment terms depend on business qualification, buyer verification, and underwriting.

2. Balance Payments

Balance Payments focuses on infrastructure for businesses that want to embed B2B payment and financing capabilities into marketplaces, platforms, or enterprise purchasing environments.

Its developer-oriented approach supports customizable checkout and transaction workflows. Rather than beginning with a supplier’s internal AR operation, Balance is generally positioned around platform-level infrastructure and embedded payment experiences.

Key Features

Balance Payments’ platform may support:

• API-driven B2B payment experiences
• Embedded buyer financing and trade credit
• Payment orchestration for platforms and marketplaces
• Customized checkout workflows
• Buyer and seller transaction management
• Order-to-cash process support
• Cross-border and multi-currency payment scenarios

Balance may be relevant to organizations that operate multi-party marketplaces or require highly customized embedded payment infrastructure. Implementation will generally involve product, engineering, finance, and operations stakeholders working together to define the desired transaction flow.

For a traditional supplier primarily seeking net terms, faster payment, and AR automation, Resolve Pay offers a more direct seller-focused operating model. Balance remains a neutral infrastructure reference for businesses whose central requirement is developing customized payment functionality inside a broader platform.

3. Hokodo

Hokodo previously served European merchants and marketplaces that wanted to embed digital trade credit into B2B purchasing experiences. Its historical model combined buyer underwriting, payment terms, merchant protection, and regional European payment infrastructure.

Previous Capabilities

Before closing, Hokodo offered capabilities such as:

• Embedded B2B payment terms at checkout
• Buyer credit decision workflows
• European market and currency support
• Trade credit insurance structures
• Merchant protection against covered nonpayment events
• Fraud and identity risk controls
• APIs for marketplaces and ecommerce platforms

Hokodo’s geographic focus differed from Resolve Pay’s primary market alignment. Hokodo concentrated on European commerce, while Resolve Pay is designed primarily for established B2B sellers in the United States and Canada.

Because Hokodo ceased operations in 2026, businesses currently evaluating B2B payment infrastructure should treat it as a historical example of European embedded trade credit rather than a deployable option.

Why Resolve Pay Delivers Strong Value for North American B2B Sellers

North American suppliers often need more than payment acceptance. They need a practical system for deciding which buyers should receive credit, setting appropriate limits, receiving payment sooner, and managing the operational work that continues after an invoice is issued.

Resolve Pay addresses these requirements through five connected capabilities.

Integrated Credit Management

Resolve Pay supports buyer evaluation, customized credit recommendations, and ongoing visibility into buyer exposure. Credit decisions remain subject to verification and underwriting, helping sellers apply more consistent policies as transaction volumes increase.

Faster Cash Conversion

Advance payment on approved invoices allows sellers to provide payment flexibility without funding the entire buyer term internally. This can improve access to working capital for inventory, payroll, supplier payments, and business expansion.

Non-Recourse Risk Support

Approved advances are non-recourse. This helps reduce the financial impact of approved buyer defaults while allowing sales teams to offer competitive terms with greater confidence.

Automated Receivables Workflows

Resolve Pay automates or coordinates invoicing, payment reminders, collections, reconciliation, and accounting updates. Businesses can use the platform as an embedded credit and AR team rather than expanding manual processes each time sales volume grows.

Consistent Buyer Experiences

A branded portal and embedded checkout options allow businesses to extend terms without sending buyers through an unrelated consumer-style financing journey. Buyers can receive terms and submit payments through familiar B2B methods while the seller maintains its customer relationship.

The US Census Bureau ecommerce data provides broader context on the role of electronic commerce in US business activity. As B2B purchasing becomes increasingly digital, sellers need payment terms, credit decisions, and receivables workflows that operate consistently across ecommerce and traditional sales channels.

Final Verdict: Resolve Pay Connects Growth, Cash Flow, and AR Automation

Resolve Pay is the most aligned option in this comparison for North American B2B sellers that want to offer net terms, receive faster payment on approved invoices, reduce credit risk, and automate accounts receivable workflows.

Balance Payments serves a different infrastructure need. Its API-oriented model is designed for platforms, marketplaces, and enterprise organizations developing customized payment experiences.

Hokodo remains relevant as historical context for European embedded trade credit, but it is no longer an active option following its 2026 shutdown.

Resolve Pay brings the supplier’s most important credit-to-cash functions into one system:

• Buyer credit evaluation
• Flexible net terms
• Non-recourse invoice advances
• Branded payment acceptance
• Invoicing and reconciliation
• Payment reminders and collections
• Ecommerce, ERP, and accounting connections

For established manufacturers, distributors, wholesalers, suppliers, and B2B ecommerce businesses, this integrated model turns payment terms into a practical sales and cash flow tool. Businesses can begin by reviewing Resolve Pay’s seller payment solution and discussing how its credit, advancement, payment, and AR workflows can connect with their current technology stack.

Frequently Asked Questions

How Does Resolve Pay Differ From Traditional Invoice Factoring?

Resolve Pay is a modern alternative to factoring that combines buyer credit decisions, non-recourse invoice advances, payment servicing, collections, and AR automation. Rather than focusing only on selling receivables, Resolve Pay helps sellers operate an ongoing net terms program. Merchants keep non-recourse advances on approved invoices if an approved buyer later defaults, subject to Resolve Pay’s applicable terms.

Can Resolve Pay Automate Accounts Receivable Work?

Yes. Resolve Pay supports invoicing, payment reminders, collections workflows, payment matching, reconciliation, bookkeeping synchronization, and receivables reporting. Its integrations with accounting, ERP, and ecommerce systems can reduce duplicate data entry and help finance teams manage different invoice structures through a centralized platform.

Which Payment Methods Can Buyers Use?

Resolve Pay’s branded payment portal supports common B2B payment methods, including ACH, wire transfer, credit card, and check. Available methods may depend on the merchant’s setup and transaction workflow. The portal allows sellers to provide payment flexibility while maintaining a consistent branded experience.

What Payment Terms Can Resolve Pay Support?

Resolve Pay can support Net 30, Net 45, Net 60, Net 90, installment, and customized payment structures for eligible approved buyers. Available terms and credit limits depend on buyer verification, underwriting, transaction details, and Resolve Pay’s approval.

Which Businesses Are a Strong Fit for Resolve Pay?

Resolve Pay is designed primarily for established B2B manufacturers, distributors, wholesalers, suppliers, and ecommerce merchants. It is particularly relevant for companies that want to offer larger buyer credit lines, receive advance payment on approved invoices, reduce manual AR work, and connect payment terms with existing ecommerce, accounting, or ERP systems.

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.