Mondu
3 Case Studies
A Mondu Case Study
IONTO-COMED, a cosmetics provider serving beauty institutes, hotel spas, and dermatologists, wanted to meet growing demand for invoice payment in its webshop. Before working with Mondu, invoice payment was only available on request, creating extra effort, costs, risk, and delays that hurt the customer experience and online conversion.
Mondu implemented its Buy Now, Pay Later solution to provide invoice payment with 30-day terms to all webshop customers, while handling real-time credit checks, covering default risk, and paying out funds after a few days. The result was a 21% increase in conversion rate, a 25% higher basket size, and an acceptance rate of more than 90%, while also improving cash flow and reducing manual work for IONTO-COMED.
Julian La Fontaine
Chief Executive Officer