Low-cost payments and rapid customer onboarding for material suppliers
Onboard new customers and remove the stress of collecting payments.
Set up in 2 mins, ultra low fees.
Ontik Payments
Get paid instantly and at ultra low fees with Ontik Payment links.
Ontik Onboarding
Open new trade accounts effortlessly with Ontik’s digital Onboarding.
Ontik Monitoring
Stay on top of your customer portfolio with Ontik’s AI powered customer Monitoring.
Our clients and partners
We work with B2B wholesalers in the material supplier space including builders merchants, manufacturers, distributors, and many more
Get paid on time, 0.3% fees, with Ontik Payments
Create payment links in seconds. Get paid instantly. Ultra low rates.
- 1Quick set-up
Set up your Ontik payment link account in minutes by connecting your bank account. - 2Send a link
Send payment links to your client via your preferred channel: WhatsApp, SMS, or email. Fully customise your links by adding invoices, personal messages, and part payment options. - 3Receive money
Enable your customers to execute payments via Pay by Bank and card with ultra low fees (starting at 0.3%). Get notified as soon as that payment hits your account.
Grow new trade account openings with Ontik Onboarding
Onboard new customers in less than 2 minutes. Save hours of time collecting information on new applicants. Approve new accounts instantly.
- 1Insert
Insert Ontik’s customisable digital onboarding form on your website, emails, in store. - 2Complete
New applicant completes the simple form in less than 2 minutes. - 3Analyse
Ontik pulls 100s of data points on the new applicant so an instant decision on opening a trade account can be made.
Monitor trade accounts in real time with Ontik Monitoring
Keep track of customer health effortlessly. Find industry specific information. Perform deep due diligence.
- 1Add to watchlist
Add company to watchlists, receive real time insights into important changes to those businesses. - 2Get notifications
Get notified on early signs of insolvency. Measure supply chain impact of major insolvencies linked to your clients. - 3Investigate
Use AI to conduct deep due diligence of the company, shareholder, and directors of the business.
Request your free trial today
Set up in 2 minutes and see what the Ontik platform can do for your customers and bottom line
Frequently asked questions
Everything you need to know about the Ontik trade credit platform
What is Ontik?
Ontik is trade credit management software purpose built for the trades industries. Ontik enables merchants to provide best-in-class trade credit experiences whilst removing inefficiencies that plague the traditional ways of running trade accounts.
Who is Ontik for?
Ontik is for merchants in the trade industry. As well as helping you deliver delightful customer experiences, Ontik helps streamline back office finance and credit control operations.
How do customers interact with Ontik?
Ontik provides seamless onboarding and payment methods for your customers. Ontik believes in letting the merchant control the end-to-end brand experience so your end customers will always feel they are directly interacting with you.
Does Ontik integrate into my ERP / accounting software
Yes. Ontik has a range of different ERPs and accounting softwares that we can connect to. If your chosen supplier is not on the website, its not a problem. We can work with you to connect into your chosen supplier.
How long does it take to go live?
This depends on the level of integration. Typically 4 - 6 weeks.
What payment methods does Ontik provide?
Ontik provides all standard payment methods including BACS, card payment, open banking, and direct debit.
Who funds the credit?
The merchant funds the trade credit from their own balance sheet and / or their financial partner. Ontik provides the software behind to help you make better decisions and to ensure you collect the cash on time.
Does Ontik provide financial products?
No, Ontik is not a direct provider of invoice financing or insurance products. However, we intend to provide a marketplace where you can receive live offers from financial product providers to help protect your balance sheet and cashflow.
Are there any hidden fees (i.e implementation fees)?
No, there are no hidden fees. Ontik will bear the cost of any integration as long as the contract is not terminated before the 1 year mark.
Does Ontik offer support?
Yes, we want you to get the most out of our software. Our team is on hand to provide training to your employees, and is available online and on phone for any day to day queries.
Can I get access to the platform now?
We are gradually onboarding a select cohort of customers to help us develop the platform to meet the needs of the trade sector. Contact our team to discuss being part of the early access programme.
How do I get started?
Request a demo using this website to book a call with our founders to discuss how Ontik could be useful to your business!
Have another question?
Can’t find the answer you’re looking for? Please chat to our friendly team.