Case Study: Ankorstore offers flexible payment terms and boosts conversion with Hokodo

How one of Europe's leading B2B marketplaces started offering flexible payment terms at checkout

Ankorstore, a European B2B marketplace connecting independent brands with retailers, needed to offer flexible payment terms at checkout to meet customer expectations and drive growth. They sought a simple, tech-driven solution that would enhance their value proposition without complicating the user experience, and partnered with Hokodo to utilize their Buy Now, Pay Later service.

Hokodo implemented its API solution, enabling real-time credit assessments so retailers could access payment terms seamlessly at checkout. This integration allowed Ankorstore's retail customers to pay later or in instalments while ensuring brands were paid in full upon delivery. The solution delivered measurable results for Ankorstore, including an increase in average order value, higher conversion rates, and a more loyal customer base, significantly contributing to their rapid growth across Europe.

Ankorstore

Nicolas D'Audiffret

Co-Founder & Chief Executive Officer