iwocaPay is an omnichannel  B2B payment solution that lets merchants to accept digital payments and offer buy now pay later (BNPL) to their trade customers, in their invoice or ecommerce checkouts.

Currently iwocaPay offers two payment solutions: Pay Now, which allows instant bank transfers without any transaction fees, and Pay Later, which offers customers the option to split the cost of a transaction over 3 or 12 monthly instalments and (if approved) access a spending limit up to £15,000. Once a customer checks out using either of these options the merchant receives the funds in full instantly and iwocaPay takes on the credit risk.

Powered by parent company iwoca's lending experience in making more than £3.5 billion of finance available to 90,000 businesses, iwocaPay is in the unique position to provide buy now pay later to businesses. iwoca is ranked as 'Excellent' on Trustpilot with over 5,000 reviews.