Allianz Trade has supported an integration between musePay, the buy-now-pay-later offering from Muse Finance and Xero, which is a business platform. Businesses using the platform can now offer musePay’s buy-now-pay-later option to customers. Allianz Trade will provide credit insurance for receivables.

François Burtin, global head of e-commerce at Allianz Trade, said: “Supporting the rapidly growing B2B e-commerce space has been an integral part of Allianz Trade’s strategy for a number of years. The ways companies trade are changing and BNPL is an increasingly popular way to manage business expenses, but it’s not without risk to a seller.

“We look forward to working with Muse to alleviate uncertainty when their customers offer BNPL payment terms, backed by our years of managing non-payment risks and extensive data, packaged into our innovative Allianz Trade pay solution.”