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Resolve Net Terms

by Resolve
This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
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Overview

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Resolve is a complete B2B credit management and net terms solution that helps your customers get net terms while you get paid faster. If you’re looking for a better way to manage the nightmare of customer credit checks, net terms risk, payments, and cash flow woes - Resolve is here to help. We believe your business shouldn’t act like a bank unless you’re actually a bank. Get paid by Resolve in a day, and we’ll let your customers pay us in 30, 60, or 90 days. However your customers buy from you, e-commerce or off-line, we've got you covered.

This extension allows B2B merchants to offer Net Terms to their customers without the hassle of running credit checks, floating short-term credit, chasing payments, and processing payments. When customers request to pay by invoice (e.g., Net 30), Resolve credit checks them and assesses their risk profile. Once approved for net terms, customers can select the “Pay with Net Terms” payment selection in the checkout, which gives them 30-90 days to pay while you get paid sooner.

Account and Pricing

An additional Resolve account is required, and additional fees apply. The account is not created during extension installation. To create an Account, please contact us for a free trial. For more details please visit https://resolvepay.com/pricing/.

Features

  • Smart Credit Engine: Smart Credit Engine for fast financial assessment - ‘quiet’ credit checking - of your customer’s for net terms and credit line approval.
  • Advance Pay: Advance Pay means getting 90% advanced payments (within 1 day!) of your customer’s net terms invoices. 
  • Payment Chaser: Payment Chaser for customer-centric gentle late invoice reminders and (if needed) collections activities. We’re your credit team on tap.
  • B2B Payment Portal: White-labeled payments portal that streamlines b2b payments and gives your customers more ways to pay: ACH, Bank Transfer, or Credit Card.
  • Auto-bookkeeping: Automatically reconcile payments to your invoices and sync your data back into your accounting system, such as QuickBooks Online.

Security and PCI Compliance

Upon checkout, customers are either redirected to the Resolve website or shown a secure iFrame modal over your website. They are prompted to log into their Net Terms account. Once customers confirm paying with Net Terms, they will be redirected back to your store. No sensitive customer payment data is ever entered into, or stored on, the Magento server.

Technical Specifications

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Seller profile

Resolve

Seller contact

E-mail

Integrator

Resolve

Current Version

3.8.0

Adobe Commerce platform compatibility

Magento Open Source: 2.4 (current), 2.0 (obsolete), 2.1 (obsolete), 2.2 (obsolete), 2.3 (obsolete)

Type

Stable Build

Updated

06 March, 2024

Categories

Extensions, Payments & Security, Payment Integration

Documentation

Installation Guides

License Type

Open Software License 3.0 (OSL-3.0)

Policy

Privacy Policy

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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3.8.0:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Updated to allow compatibility with Magento 2.4.6.

3.7.0:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    - Fixed missing quote when order is placed from companies account
    - Migrated install/upgrade scripts to the declarative schema
    - Migrated install/upgrade data to the data patch

3.6.10:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    - Fixed namespacing to avoid conflicts with other extensions

3.6.9:

  • Compatible with Magento Open Source : 2.2 2.3 2.4
  • Stability: Stable Build
  • Description:

    - Updated to ensure compatibility with Magento 2.4

3.6.8:

  • Compatible with Magento Open Source : 2.0 2.1 2.2 2.3
  • Stability: Stable Build
  • Description:

    - Updated default values
    - Updated versioning numbers for consistency

2.1.6:

  • Compatible with Magento Open Source : 2.0 2.1 2.2 2.3
  • Stability: Stable Build
  • Description:

    Minor updates

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.

Contact Vendor

Q & A

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Reviews

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