Resolve Pay vs TreviPay vs Hokodo: 2026 Comparison

US-based B2B businesses often need to offer net terms without weakening cash flow or adding unnecessary manual work for finance teams. Resolve Pay, TreviPay, and Hokodo each represent a different approach to B2B trade credit and payment workflows. Resolve Pay provides an embedded B2B payments platform for US merchants that want to offer net terms, automate receivables, and receive advance payments on approved invoices. TreviPay serves enterprise organizations with global payment infrastructure across many countries and currencies. Hokodo historically served European B2B BNPL and trade credit use cases before being wound up in late 2025, with its founders explaining the decision in 2026.

For US mid-market sellers, the practical question is not only which provider supports payment terms. It is which platform helps sales, finance, ecommerce, and accounting teams coordinate buyer approvals, invoicing, collections, reconciliation, and payment workflows in one place. Resolve Pay is built around that need. Its accounts receivable automation helps merchants streamline credit, invoicing, collections, and payment acceptance while keeping the buyer experience consistent. For B2B sellers that want to improve cash flow while offering flexible terms, Resolve Pay offers the most focused fit in this comparison.

The Federal Reserve Small Business Credit Survey tracks financing and credit conditions for small businesses, while the U.S. Census Bureau E-Stats report tracks ecommerce activity across major sectors. Together, these sources show why cash-flow management and digital payment infrastructure remain important considerations for growing B2B companies.

Key Takeaways

• Resolve Pay supports seller cash flow: Resolve Pay provides non-recourse cash advances on approved invoices, helping US B2B merchants offer net terms while improving receivables predictability.
• Resolve Pay connects credit and AR workflows: The platform brings buyer approvals, invoicing, payment reminders, collections support, and reconciliation into one workflow.
• Resolve Pay fits US mid-market sellers: Manufacturers, distributors, wholesalers, and B2B ecommerce businesses can use Resolve Pay to offer terms without building a full internal credit and collections operation.
• Resolve Pay supports ecommerce integrations: Resolve Pay connects with Shopify, BigCommerce, WooCommerce, Magento, and custom workflows through flexible APIs.
• TreviPay is more enterprise-oriented: TreviPay is aligned with organizations that need global B2B payment infrastructure, multi-currency support, and enterprise payment program management.
• Hokodo is no longer active: Hokodo served European B2B BNPL and trade credit use cases before being wound up in late 2025.

Understanding different approaches to B2B payment solutions

Resolve Pay

Resolve Pay is a modern B2B payments and net terms platform built for US B2B merchants and mid-market sellers. Spun off from Affirm in 2019 and based in San Francisco, Resolve Pay focuses on helping merchants grow sales, get paid faster, and reduce risk by streamlining net terms, accounts receivable, and payment workflows.

The platform combines embedded credit expertise, invoice financing, and payments into a single solution that helps merchants offer net terms. Resolve Pay is especially relevant for manufacturers, distributors, wholesalers, and B2B ecommerce companies that want to give buyers more time to pay while reducing the operational burden of credit reviews, invoice follow-up, collections, and reconciliation.

TreviPay

TreviPay takes an enterprise B2B payments approach. Founded in 1978 and rebranded as TreviPay in 2021, the company is headquartered in Overland Park, Kansas. TreviPay is more aligned with large organizations that need global payment infrastructure, multi-currency support, enterprise procurement workflows, and managed order-to-cash services.

This model can fit companies with multinational operations and complex buyer programs. For US mid-market sellers that mainly need embedded net terms, AR automation, and faster cash-flow workflows, Resolve Pay is the more focused option.

Hokodo

Hokodo was a pan-European B2B BNPL and trade credit provider founded in 2018. It served merchants and marketplaces in European markets, including the UK and France, before being wound up in late 2025. Its founders later explained the shutdown in 2026 and launched Liquidity Lab, a consulting firm focused on B2B trade credit and cash-flow operations.

For businesses evaluating current options, Hokodo is best treated as a historical B2B BNPL provider rather than an active platform choice. US merchants that need a current domestic net terms and receivables automation solution should focus on Resolve Pay.

Service approaches show distinct strategic focuses

Resolve Pay service approach

Resolve Pay's service portfolio centers on helping US B2B merchants offer terms while maintaining healthier cash flow and reducing manual receivables work. Its platform includes:

• Non-recourse advances on approved invoices, subject to buyer verification and Resolve Pay approval
• Business credit checks supported by AI, behavioral signals, and credit expertise
• Accounts receivable automation for invoicing, reminders, collections, and reconciliation
• Ecommerce workflows for Shopify, BigCommerce, WooCommerce, and Magento
• Automated payment reminders and collections support
• Accounting and ERP sync with QuickBooks Online, NetSuite, Sage Intacct, and Xero
• Flexible integrations for custom workflows

This focused approach works well for US businesses that need to offer net terms while reducing exposure to buyer non-payment on approved invoices.

TreviPay service approach

TreviPay's services address enterprise B2B payment requirements across global payment programs, multiple currencies, procurement workflows, accounts receivable managed services, and multi-country operations. The global enterprise approach suits multinational corporations with complex payment, compliance, and procurement requirements.

Hokodo historical service approach

Hokodo's historical services focused on pan-European B2B BNPL, real-time credit decisioning, API-first integration, and omnichannel trade credit across online and offline channels. Since Hokodo is no longer active, it is not a practical option for US merchants looking for a live domestic net terms platform.

Target customers reveal strategic alignment differences

Resolve Pay target customers

Resolve Pay primarily serves US B2B merchants with meaningful annual B2B revenue. Its clients include manufacturers, distributors, wholesalers, and B2B ecommerce businesses that need to offer net terms to compete while keeping receivables manageable.

These businesses often need to:

• Offer Net 30, Net 60, Net 90, or custom terms
• Approve buyers efficiently
• Receive advance payments on approved invoices
• Reduce manual collections and payment follow-up
• Automate invoice reminders and reconciliation
• Connect terms, payments, and accounting workflows

This is where Resolve Pay's model aligns strongly with the needs of US mid-market sellers.

TreviPay target customers

TreviPay is more aligned with enterprise organizations that need global payment infrastructure, multi-currency support, procurement integrations, and managed services across large buyer networks. These requirements are often more relevant to multinational corporations than to US-focused mid-market sellers.

Hokodo target customers

Hokodo historically served pan-European digital merchants and marketplaces. Since Hokodo has wound down, it is no longer an active option for merchants evaluating B2B BNPL or trade credit platforms today.

Implementation and technical integration capabilities

Resolve Pay implementation

Resolve Pay offers a streamlined implementation path with native and flexible integration options for ecommerce, ERP, accounting, and custom workflows. The platform supports major ecommerce systems such as Shopify, BigCommerce, WooCommerce, and Magento 2. It also connects with accounting and ERP systems such as QuickBooks Online, Xero, Sage Intacct, and NetSuite.

Resolve Pay's integration platform supports:

• Ecommerce checkout extensions
• Accounting and ERP sync
• Automated customer data import
• API connectivity for custom systems
• Payment reconciliation workflows
• Branded buyer payment experiences

For US businesses that need faster time to value, Resolve Pay's embedded approach helps teams start offering net terms and improving receivables workflows without building a large custom program.

TreviPay implementation

TreviPay's implementation approach is built for enterprise payment programs. These deployments may involve procurement systems, ERP requirements, multi-country compliance, dedicated implementation resources, and internal coordination across several teams. That structure can fit global enterprises with complex requirements.

Hokodo implementation

Hokodo historically used an API-first approach for European merchants and marketplaces. Since the company is no longer active, its implementation model is no longer relevant for new merchants evaluating B2B payment platforms.

Risk management and credit decisioning approaches

Resolve Pay risk management

Resolve Pay's risk management centers on reducing seller exposure through non-recourse cash advances on approved invoices, subject to buyer verification and Resolve Pay approval. The platform uses AI-driven credit decisions, behavioral signals, and credit expertise to evaluate business buyers.

Resolve Pay's risk and credit workflows include:

• AI-supported buyer credit decisioning
• Credit expertise from professionals with experience at Amazon, PayPal, and Fortune 500 firms
• Non-recourse advances on approved invoices
• Discreet credit checks using basic business information
• Automated payment reminders
• Collections support
• Credit and AR dashboards for visibility

Resolve Pay also notes that buyer credit line sizes are not guaranteed and that decisions are subject to buyer verification and Resolve Pay discretion. This keeps the value proposition accurate: Resolve Pay helps sellers reduce risk and improve cash flow, but approvals and advance rates depend on buyer qualification.

TreviPay risk management

TreviPay supports enterprise credit and risk workflows as part of its managed B2B payment model. Its approach is designed for large-scale buyer programs, custom risk requirements, and enterprise receivables management.

Hokodo risk management

Hokodo historically offered European trade credit and B2B BNPL risk workflows. Since Hokodo is no longer active, it is not a current risk management option for sellers.

Performance and customer outcomes

Resolve Pay outcomes

Resolve Pay helps US B2B sellers improve cash-flow workflows by combining buyer credit decisions, advance payments on approved invoices, AR automation, collections support, and reconciliation. The platform is designed to reduce manual finance work while giving buyers more flexible ways to pay.

Resolve Pay's outcomes are tied to practical workflow improvements, including:

• Faster buyer approval workflows
• Advance payments on approved invoices
• Less manual invoice follow-up
• More consistent collections workflows
• Automated payment reconciliation
• Better visibility across credit and receivables

TreviPay outcomes

TreviPay supports enterprise B2B payment programs and managed accounts receivable workflows across global operations. Its outcomes are more closely tied to large-scale payment program management, procurement alignment, and enterprise buyer networks.

Hokodo outcomes

Hokodo's outcomes are historical. The company helped shape the European B2B BNPL category, but it is no longer operating as an active provider.

1. Resolve Pay for US B2B net terms and receivables automation

Platform overview

Resolve Pay is built for US B2B suppliers, manufacturers, distributors, wholesalers, and ecommerce businesses that want to offer net terms, improve cash flow, and reduce receivables workload. The platform combines buyer approvals, non-recourse cash advances on approved invoices, and receivables automation in one integrated workflow.

The platform helps businesses combine several workflows into one operating model. Sellers can use Resolve Pay for buyer approvals, payment workflows, collections support, and reconciliation, reducing manual invoice follow-up, payment matching, and repetitive close work.

Resolve Pay occupies a different risk position from general workflow software. It frames approved invoices with reduced exposure through non-recourse cash advances, which matters for businesses that want to offer net terms. Combined with ERP integrations, credit checks, and positioning as a factoring alternative, Resolve Pay provides depth for supplier cash-flow management.

Key Features

• Buyer credit decisioning through a smart credit engine so sales and finance teams can evaluate buyers efficiently
• Non-recourse cash advances on approved invoices, subject to buyer verification and Resolve Pay approval
• Advance payments on approved invoices to help reduce cash-flow delays
• AR automation for invoicing, collections, payment reminders, and reconciliation
• ERP, accounting, ecommerce, and API connectivity across major finance and commerce systems
• Branded payment workflows allowing buyers to pay through supported methods while maintaining a consistent customer experience

Strengths

• Helps suppliers offer terms while improving cash-flow predictability
• Connects credit decisioning, advance payments, collections, and reconciliation in one platform
• Supports sales, finance, ecommerce, and ERP teams with connected workflows
• Helps suppliers use terms as a growth lever while managing receivables efficiently

Best Fit

Resolve Pay works well for suppliers, distributors, manufacturers, wholesalers, and B2B ecommerce teams that want to win larger orders with B2B net terms while keeping cash flow more predictable. It is especially relevant when finance, AR, ecommerce, and ERP owners need one coordinated workflow for credit checks, invoice follow-up, collections, and reconciliation.

2. TreviPay

Platform overview

TreviPay is built as an enterprise B2B payment solution with global infrastructure designed for organizations with complex international operations. The platform supports buyers across many countries and currencies, with enterprise procurement workflows and multi-country payment capabilities.

TreviPay's approach addresses requirements for large organizations, including managed services for accounts receivable, custom deployment models, and enterprise payment infrastructure.

Key Features

• International B2B payment infrastructure across many countries and currencies
• Enterprise procurement workflow support
• Custom deployment models for large organization requirements
• Managed services for accounts receivable operations
• Multi-country payment and compliance workflows
• Established enterprise payment infrastructure

Typical Workflow Owner

TreviPay is typically evaluated by global enterprises, multinational corporations, and organizations with complex international payment needs requiring multi-currency support and enterprise-grade payment program management.

3. Hokodo

Platform overview

Hokodo was a pan-European B2B BNPL provider that operated from 2018 before being wound up in late 2025, with its founders explaining the decision in 2026. The platform served European markets, including the UK and France, with a focus on omnichannel trade credit.

Hokodo's historical approach centered on API-first integration, real-time credit decisions, and European B2B commerce workflows.

Historical Service Approach

• Pan-European B2B BNPL with real-time credit decisions
• Trade credit workflows for European merchants and marketplaces
• API-first integration methodology
• Multi-market European regulatory considerations
• Omnichannel trade credit across digital and traditional channels

Current Status

Hokodo is no longer operating as an active B2B BNPL provider. For US businesses, Resolve Pay is a stronger current option for domestic net terms financing and receivables automation focused on the US market.

Why Resolve Pay is the strongest fit for US B2B sellers

Resolve Pay aligns with domestic seller needs

US B2B sellers face challenges that make Resolve Pay a strong choice for businesses focused on domestic markets. These companies need domestic optimization, risk reduction, and streamlined implementation rather than global enterprise infrastructure.

Key advantages of Resolve Pay's approach include:

• Reduced credit risk: Cash advances are non-recourse on approved invoices, subject to buyer verification and Resolve Pay approval, allowing businesses to offer net terms with reduced exposure to buyer non-payment.
• Streamlined implementation: Resolve Pay connects with ecommerce, ERP, and accounting workflows so businesses can start offering terms without building a large custom payment program.
• Ecommerce optimization: Support for major platforms enables net terms offers at checkout through ecommerce integrations and flexible APIs.
• AI-powered automation: AR automation helps finance teams reduce manual reminders, collections follow-up, reconciliation, and payment tracking.
• Integrated workflows: Resolve Pay connects credit decisioning, advance payments, buyer payment portals, collections support, and bookkeeping sync in one platform.

For US mid-market B2B businesses seeking to streamline workflows while offering net terms, Resolve Pay represents a modern approach to B2B payments. The combination of non-recourse advances on approved invoices, receivables automation, ecommerce integration, and accounting connectivity creates strong value for domestic-focused businesses.

The U.S. Small Business Administration emphasizes cash-flow management, bookkeeping, and financial planning as core parts of managing a business. Resolve Pay supports those priorities by helping B2B sellers connect net terms, buyer payment workflows, and receivables automation.

Final verdict: Resolve Pay is the best choice for US B2B sellers

Resolve Pay is the strongest fit in this comparison for US B2B merchants that want to offer net terms, improve cash-flow workflows, reduce credit risk on approved invoices, and automate accounts receivable. TreviPay is more aligned with enterprise organizations that need global B2B payment infrastructure. Hokodo was a European B2B BNPL provider, but it is no longer active.

For domestic-focused sellers, Resolve Pay offers the most practical combination of embedded credit expertise, non-recourse cash advances on approved invoices, branded buyer payment workflows, ecommerce integrations, accounting sync, and AI-powered AR automation. It helps sellers give buyers more flexibility while keeping receivables operations more controlled and efficient.

Frequently Asked Questions

What types of B2B businesses benefit most from Resolve Pay?

Resolve Pay works well for US mid-market B2B businesses, including manufacturers, distributors, B2B ecommerce businesses, wholesalers, and suppliers serving domestic markets. These businesses benefit from Resolve Pay's non-recourse model, streamlined implementation, ecommerce integrations, and accounts receivable automation.

How does Resolve Pay help with net terms?

Resolve Pay helps sellers offer net terms to approved buyers while receiving advance payments on approved invoices. The platform supports buyer credit checks, underwriting, payment reminders, collections support, and reconciliation so sellers can offer terms without managing the full process manually.

How does Resolve Pay handle risk management?

Resolve Pay provides non-recourse cash advances on approved invoices, subject to buyer verification and Resolve Pay approval. This helps reduce seller exposure to buyer non-payment. Resolve Pay also supports AI-driven credit decisions, discreet business credit checks, collections support, and credit visibility.

How does Resolve Pay handle accounts receivable automation?

Resolve Pay automates key AR workflows such as invoicing, payment reminders, collections support, reconciliation, and bookkeeping sync. It also gives buyers a branded payment portal where they can pay through supported methods such as ACH, wire, credit card, or check.

What should businesses know about Hokodo today?

Hokodo is no longer operating as an active B2B BNPL provider after being wound up in late 2025. For US-focused companies, Resolve Pay provides a current domestic platform for net terms, receivables automation, credit workflows, and advance payments on approved invoices.

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.