Halfords upgrades trade payments

Motoring and cycle products retailer Halfords will embed new financial tools for trade customers across its stores, customer teams and online

Halfords supports over 250,000 small business and enterprise buyers in the motor trade.

Mechanics and tradespeople are typically paid after their end jobs are complete, putting a strain on working capital if parts need to be sourced in advance. By working with Kriya’s PayLater solution, Halfords is helping their Trade Card holders and Business customers better manage their cash flow with the ability to purchase on flexible payment terms.

Anthony Caie, director of B2B and services at Halfords, said: “Being able to offer flexible payment terms to our B2B customers underpins our market offering. We want to invest in modernising the checkout process to attract more customers and drive loyalty in our customer base. Kriya has great experience with a number of large businesses, which made them a clear choice of partner. We’re excited to work with Kriya to digitise and provide flexible payment terms to a much wider range of trade customers.”