Resolve Pay vs Hokodo vs Playter

Selecting the right B2B payment platform directly impacts your cash flow, credit risk exposure, and operational efficiency. While Hokodo previously served European markets and Playter focuses on UK business financing, Resolve Pay delivers comprehensive net terms financing with non-recourse protection, AR automation, and integrated payment workflows for B2B sellers. Understanding these fundamental differences helps B2B manufacturers, distributors, and wholesalers choose a platform that matches their geographic focus, integration requirements, and growth objectives.

This comparison examines three B2B payment platforms with distinct operating models. Hokodo was wound down in late 2025 after processing more than €500M in financed invoices across European markets. Playter provides business financing products for eligible UK companies. Resolve Pay combines non-recourse net terms financing with accounts receivable automation, credit management, and collections workflows in one platform serving more than 15,000 businesses.

Key Takeaways

• Resolve Pay combines non-recourse net terms financing, credit management, AR automation, payments, and collections in one B2B platform serving more than 15,000 businesses
• Hokodo was wound down in late 2025 after processing more than €500M in financed invoices, making the platform no longer operational
• Playter provides business financing products for eligible UK companies, with PlayterPay allowing businesses to spread supplier invoice payables
• Resolve Pay supports AI-powered credit decisioning, while Playter's decision timing varies by financing product and application requirements
• Resolve Pay supports integrations across major ecommerce, ERP, and accounting platforms, including Oracle NetSuite, QuickBooks Online, Xero, Sage Intacct, BigCommerce, Shopify, Magento 2, and WooCommerce
• Resolve Pay maintains a perfect 5.0/5.0 rating on G2 from 17 verified business reviews, demonstrating consistent customer satisfaction
• Resolve Pay serves U.S.-based buyers by default and can extend net terms to qualifying buyers in supported international markets, primarily Canada and parts of Europe, for select merchants with established international accounts receivable

Understanding the B2B BNPL Landscape

The B2B buy now, pay later market encompasses platforms with fundamentally different geographic focuses, operational models, and feature sets. Understanding these distinctions helps revenue leaders select solutions aligned with their market presence and growth trajectory.

Hokodo historically served businesses across the EU and UK with regulatory compliance through EMI licensing. The platform enabled cross-border trade credit before being wound down in late 2025.

Playter provides financing products for eligible UK businesses. PlayterPay allows companies to spread supplier invoice payables over installments, while other Playter products address short-term business funding needs for UK SMEs.

Resolve Pay supports B2B manufacturers, distributors, wholesalers, and other merchants with integrated net terms, credit, payments, AR automation, and collections workflows. The platform serves U.S.-based buyers by default and can extend net terms to qualifying international buyers in supported markets for eligible merchants.

The fundamental distinction lies in operating model and product scope: Hokodo is no longer operational, Playter provides financing products for UK businesses, and Resolve Pay combines B2B net terms financing with integrated receivables operations.

Invoice Financing Approaches

Invoice financing platforms vary significantly in their approach to risk, funding speed, and seller protection. The differences between recourse and non-recourse models determine who bears the burden when buyers fail to pay.

Resolve Pay's Non-Recourse Model

Resolve Pay advances funds through non-recourse financing. This structure means Resolve Pay assumes the credit risk on approved transactions, not the seller. If an approved buyer defaults, the seller maintains their advance without repayment obligations.

Key benefits of Resolve Pay's approach:

• Risk transfer: Sellers offload bad debt exposure to Resolve Pay on approved invoices
• Predictable cash flow: Receive payment in days rather than waiting 30-90 days
• No collections burden: Resolve Pay handles follow-up through automated sequences
• Flexible terms: Support for Net 15, 30, 60, and 90 day payment options

Hokodo's Historical Model

Hokodo previously offered trade credit financing with non-recourse protection across European markets. The platform processed more than €500M in financed invoices before being wound down in late 2025. Hokodo was wound down in late 2025. Resolve Pay remains active and provides an integrated platform for businesses managing B2B net terms, credit, payments, and accounts receivable.

Playter's Business Financing Approach

Playter provides business financing products for eligible UK companies. PlayterPay allows businesses to spread supplier invoice payables, while other Playter products address short-term business funding. Resolve Pay is positioned differently, combining B2B net terms financing with credit, payments, accounts receivable automation, and collections.

Streamlining B2B Payments

Integrated platforms can simplify data synchronization and receivables workflows. Resolve Pay brings credit, net terms financing, payment processing, AR automation, reconciliation, and collections together within one platform.

Resolve Pay's Comprehensive Platform

Resolve Pay combines credit decisioning, net terms financing, AR automation, and collections in a single integrated solution. The platform handles:

• Invoice generation synced from ERP and accounting systems
• Payment reconciliation using ML to match payments to invoices automatically
• Real-time AR dashboards showing DSO, aging, and portfolio health
• White-labeled buyer portals accepting ACH, wire, credit card, and check payments
• Automated bookkeeping sync to QuickBooks, Xero, Sage Intacct, and NetSuite

This integration reduces manual AR work significantly according to customer testimonials, eliminating duplicate data entry and reconciliation errors.

Hokodo's Historical Approach

Hokodo historically centered its offering on embedded B2B trade credit and checkout experiences for European merchants. Resolve Pay combines embedded net terms with broader credit-to-cash and AR workflows.

Playter's Business Financing Model

Playter provides business financing products for eligible UK companies. PlayterPay allows businesses to spread supplier invoice payables, while other Playter products address short-term business funding. Resolve Pay is positioned differently, combining B2B net terms financing with credit, payments, accounts receivable automation, and collections.

Credit Decisioning Approaches

The speed and accuracy of credit decisions directly impact sales velocity and buyer experience. Platforms that deliver rapid approvals reduce friction in the purchasing process.

Resolve Pay's AI Credit Engine

Resolve Pay's AI Credit Engine evaluates buyer creditworthiness using thousands of data points including cash flow trends, payment history, and behavioral signals. The system delivers:

• Rapid approvals for qualifying transactions
• Dynamic credit lines that adjust based on payment history
• Quiet credit checks that don't notify buyers or impact credit scores
• Fast decisions with timing depending on buyer and verification requirements

This automated approach replaces manual trade reference calls and spreadsheet tracking, enabling sellers to approve more buyers faster.

Hokodo's Historical Decisioning

Hokodo previously offered AI-powered credit decisions as part of its European trade credit platform before the business was wound down in late 2025.

Playter's Credit Decision Process

Playter uses connected financial data in its application process. For PlayterPay, the company states that eligible applicants may receive an offer within minutes after completing the required Open Banking and accounting connections, while timing can vary by product and application.

Accounts Receivable Management

Comprehensive AR management extends beyond invoice financing to include collections, reconciliation, and performance analytics. The depth of these capabilities determines operational efficiency gains.

Resolve Pay's AR Automation Platform

Resolve Pay's accounts receivable automation handles the complete invoice-to-cash cycle:

Invoice Management:

• Automated invoice generation synced from ERP systems
• Two-way sync with QuickBooks, Xero, Sage Intacct, and NetSuite
• Real-time visibility into invoice status and aging

Collections Automation:

Resolve Pay's agentic collections uses AI-powered multi-channel sequences including email, SMS, and voice outreach. The system:

• Sends automated payment reminders based on configurable day thresholds
• Uses AI calling agents for live production conversations with logged outcomes
• Escalates accounts intelligently based on buyer response patterns
• Pauses automatically when payments or disputes are received
• Preserves customer relationships through professional, friendly communication

Reconciliation:

• ML-powered payment matching eliminates manual data entry
• Automatic cash application to correct invoices
• Exception handling for partial payments and discrepancies

Platform AR Capabilities

Resolve Pay brings credit decisioning, net terms financing, AR automation, payment workflows, reconciliation, and collections into one platform. Playter's current offering is centered on business financing products for eligible UK companies.

Integration Ecosystem

The breadth and depth of integrations determines implementation complexity and ongoing operational efficiency. Platforms with extensive native connections reduce manual work and data silos.

Resolve Pay's Integration Ecosystem

Resolve Pay supports a broad integration ecosystem across ecommerce, ERP, and accounting platforms:

E-commerce Platforms:

• BigCommerce (2025 Innovative Integration Award winner)
• Shopify
• Magento 2
• WooCommerce

ERP and Accounting Systems:

• Oracle NetSuite
• QuickBooks Online
• Xero
• Sage Intacct
• Oracle (Enterprise)

Additional Capabilities:

• REST API with webhooks and sandbox for custom integrations
• Two-way data sync for invoices and payments
• Most teams launch in under one week

Resolve Pay earned the 2025 BigCommerce Innovative Integration Award, recognizing the quality and capabilities of its e-commerce connectivity.

Historical and Current Integration Approaches

Hokodo supported ecommerce integrations as part of its embedded trade credit offering before the business was wound down. Playter supports connections to accounting and Open Banking data as part of its financing application and payment workflows. Resolve Pay separately offers integrations across ecommerce, ERP, and accounting systems for businesses connecting net terms with their receivables operations.

Security and Compliance

B2B payment platforms handle sensitive financial data requiring robust security frameworks. Compliance certifications provide assurance for regulated industry deployments.

Resolve Pay's Security Approach

Resolve Pay handles financial and transaction data as part of its B2B payments, credit, and accounts receivable workflows. Businesses with specific security or compliance requirements should review Resolve Pay's current security documentation and Trust Center as part of their vendor assessment.

Platform Security Considerations

Hokodo previously held EMI licensing enabling European regulatory compliance before being wound down. Playter operates under UK financial regulations as part of its business financing operations.

Comparing Resolve Pay, Hokodo, and Playter

The following comparison highlights key differences across operational status, geographic coverage, features, and capabilities.

Operational Status:

Resolve Pay remains active and serves more than 15,000 businesses as a stable platform for long-term partnership. Hokodo was wound down in late 2025 and is no longer operational. Playter remains active providing business financing products exclusively in the UK market.

Geographic Coverage:

Resolve Pay serves U.S.-based buyers by default and supports qualifying buyers in supported international markets, primarily Canada and parts of Europe, for eligible merchants with established international accounts receivable. Hokodo previously covered European markets before being wound down. Playter operates exclusively within the United Kingdom.

Invoice Financing:

Resolve Pay provides non-recourse financing with funds advanced on approved invoices. Hokodo previously offered non-recourse trade credit before ceasing operations. Playter provides business financing for eligible UK companies.

Credit Decisions:

Resolve Pay supports AI-powered credit decisioning, while Playter's decision timing varies by financing product and application requirements. Hokodo previously offered AI-powered decisions before being wound down.

AR Automation:

Resolve Pay provides comprehensive platform capabilities including invoicing, collections, and reconciliation. Playter's current offering is centered on business financing products. Hokodo focused on checkout integration before ceasing operations.

Integrations:

Resolve Pay supports integrations across ecommerce, ERP, and accounting platforms including NetSuite, Oracle, BigCommerce, and Shopify. Playter supports Xero and Open Banking connections. Hokodo previously supported Shopify and Magento before being wound down.

Customer Satisfaction:

Resolve Pay maintains a perfect 5.0/5.0 G2 rating from 17 verified business reviews. Users consistently praise dedicated customer support, ease of use, and streamlined invoicing capabilities. Playter holds a 4.7/5.0 Trustpilot rating from customer reviews.

Considerations for Businesses Reviewing B2B Payment Infrastructure

Following Hokodo's wind-down in late 2025, businesses reviewing their B2B payment infrastructure can consider how Resolve Pay supports net terms, credit management, AR automation, and collections.

Resolve Pay capabilities relevant to businesses reviewing their payment infrastructure:

• Non-recourse financing on approved invoices
• Integrated AR automation and collections
• ERP, accounting, and ecommerce integrations
• Credit decisioning and payment workflows in one platform

Implementation considerations:

• Resolve Pay onboarding can range from a few days to a few weeks depending on the merchant's systems and integration requirements
• Existing customer, invoice, and accounting data should be reviewed as part of migration planning
• Resolve Pay provides onboarding support during account configuration, training, and integration testing

Why B2B Sellers Choose Resolve Pay

Resolve Pay delivers comprehensive value for businesses requiring integrated net terms financing, credit management, AR automation, and collections capabilities. The platform serves mid-market B2B sellers across manufacturing, wholesale distribution, and supply industries.

Resolve Pay serves mid-market B2B sellers across:

• Manufacturing
• Wholesale distribution
• HVAC parts distribution
• Electrical and plumbing supplies
• Industrial equipment
• Medical and pharmaceutical distribution
• Construction materials

The platform combines non-recourse financing with AI-powered credit decisioning, payment processing, automated invoicing, intelligent collections, and reconciliation workflows. This integrated approach replaces multiple point solutions while reducing manual AR work and providing predictable cash flow regardless of buyer payment behavior.

Resolve Pay serves U.S.-based buyers by default. For select merchants with established international accounts receivable, Resolve Pay can also extend net terms to qualifying buyers in supported markets, primarily Canada and parts of Europe.

Frequently Asked Questions

What happened to Hokodo and how does this affect the B2B payment landscape?

Hokodo was wound down in late 2025 after eight years in the B2B trade credit market. The company processed more than €500M in financed invoices before ceasing operations. This makes Hokodo unavailable for new customers. Businesses previously using Hokodo or evaluating European B2B payment platforms should review current active alternatives including Resolve Pay's integrated net terms, credit, AR automation, and collections platform.

Can Resolve Pay serve businesses with international buyers?

Resolve Pay serves U.S.-based buyers by default. For select merchants with established international accounts receivable, Resolve Pay can extend net terms to qualifying buyers in supported international markets, primarily Canada and parts of Europe. The platform's integrations, payment rails, and workflows support both domestic and select international B2B transactions for eligible merchants.

How does non-recourse financing protect my business?

With non-recourse financing, Resolve Pay assumes the credit risk on approved invoices. If an approved buyer fails to pay, the seller maintains their advance without repayment obligations. This structure eliminates bad debt exposure and provides predictable cash flow regardless of buyer payment behavior.

What types of businesses benefit from Resolve Pay?

Resolve Pay serves mid-market B2B sellers in manufacturing, wholesale distribution, and supply industries. Primary customers include HVAC parts distributors, electrical and plumbing suppliers, industrial equipment manufacturers, medical device companies, and construction materials providers offering net payment terms to business buyers.

Does Resolve Pay integrate with existing accounting and ERP systems?

Resolve Pay offers native integrations with QuickBooks Online, Xero, Sage Intacct, and Oracle NetSuite. The platform provides two-way sync for invoice and payment data, automatic reconciliation, and real-time bookkeeping updates. Most teams complete implementation and go live in under one week depending on their specific systems and requirements.

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.