B2B payments in south africa

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  • Minella
    New Member
    • Feb 2023
    • 1

    #1

    B2B payments in south africa

    Hello everyone, I represent a B2B payments platform that is soon to enter the South Africa market. Wanted to understand some aspects around supplier payments
    1) What is the average invoice values for large, medium, small sized companies
    2) Average credit period provided by suppliers
    3) Preferred method of making supplier payments
  • Masundibrothers
    New Member
    • Dec 2022
    • 2

    #2
    QUOTE

    Originally posted by Minella
    Hello everyone, I represent a B2B payments platform that is soon to enter the South Africa market. Wanted to understand some aspects around supplier payments
    1) What is the average invoice values for large, medium, small sized companies
    2) Average credit period provided by suppliers
    3) Preferred method of making supplier payments

    INVOICE VALUES;
    a)Large - (-/+)R586000000
    b)Medium - (-/+)R150000000
    c)Small - (-/+)R500000
    d)Micro - (-/+)R100000

    AVERAGE CREDIT PERIOD
    a)18 months - max
    b)12 months - med
    c)6 months - min

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