Hokodo has ceased trading. If you are a customer who used a Hokodo payment method, and have unpaid debts, you will have already been contacted by the relevant debt collection agency, and settlement should be made to them. All Hokodo debts have been sold, and the owner of the debts will be enforcing them in the usual way. Any payments made to a Hokodo bank account will be rejected.
Instant payment terms and flexible trade accounts for the corporate travel industry
78% of B2B buyers say that payment terms are a critical consideration when booking travel and accommodation for corporate trips. Whether you specialise in flight bookings, car hire, taxi services or staff accommodation, offer seamless trade credit with Hokodo.
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81% of business buyers want to open a trade account with their main corporate travel provider
Watch your bookings frequency and customer loyalty take flight when you offer the flexible payment terms buyers demand.
Download the brochure today:
How we help corporate travel providers
21st century credit management
A trade credit solution aligned with your digital-first approach to support a seamless experience across the full credit journey.
Relieve working capital pressures
Free up the working capital used to lend money to buyers and receive faster payouts while benefiting from full non-payment protection.
Operational efficiency
Save the time and operational costs of credit checks, insurance and collections processes.
Accelerate and enhance the sales cycle
Businesses purchasing on credit terms spend an average of 30% more and make 24% more purchases per month.
Secure future funding
Bring peace of mind to your investors by showing that their cash is being used for growth – not for financing clients.
Fewer integrations
Reduce integrations and admin with a corporate travel payments solution that enables all clients to transact.
Stay competitive
Buyers will remain loyal to the sellers offering the best service and the most desirable payment terms.
Upfront payments, guaranteed
Grow your business with confidence knowing that upfront payments are guaranteed.
Discover the ROI of a Digital Trade Credit Solution
Hokodo delivers measurable results to some of the world's most innovative business travel management companies, helping them to increase revenue and save costs. Use our ROI calculator to work out how much you stand to gain by adopting a Digital Trade Credit solution.
How it works
STEP 1
A customer registers for a trade account. Hokodo runs credit and fraud checks in less than a second to instantly return tailored credit limits and payment plans.
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step 2
The buyer makes bookings as normal via any of your sales channels throughout an agreed billing period (usually a month)
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step 3
When the buyer is ready to complete their purchase, their trade account is the default payment method.
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step 4
You get paid upfront and in full while we take responsibility for all credit and fraud risks.
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step 5
We prepare a statement of account consolidating all the purchases made during the billing period, across all sales channels. Payment for all orders is due in one lump sum on an agreed date, usually 30 days after the billing period has closed.
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"We had previously tried to offer payment terms on our own, but since the process was so manual, lengthy and complex, instant credit decisions at the point of purchase were out of the question. Being able to give buyers the immediate decision and seamless experience they expect is a game changer for Achatmat.”
Frédéric Guillotin
CEO of Achatmat
"Hokodo is a massive part of our proposition in being able to ensure suppliers receive payments on time and build trust on the platform. YardLink is on a big growth trajectory and we see Hokodo as not just ready for us right now, but that it will continue to work for us as we move forward.”
Hollie Russell
Marketing Director at Yardlink
"A great User Experience and great payment terms and flexibility are the two main benefits our customers are looking for, and thanks to Hokodo we are able to offer them that…They have helped us to grow a base of extremely loyal customers all across Europe thanks to payment terms."
Pierre-Luc Joffre
CFO at Ankorstore
"This week, we passed a big milestone: over £1 million in payments advanced through Hokodo to brewers. That’s £1 million of cash flow certainty for brewers, and it’s already driving growth, with basket sizes on Hokodo orders 24% higher than those paid at checkout. This milestone isn’t just about payments, it’s also helping brewers win more trade customers, secure larger accounts and grow with the confidence of guaranteed cash flow."
Matt Pritchard
Co-founder & COO, Sellar
Frequently Asked Questions
Can digital trade credit be used in the corporate travel industry?
How do I get started with digital trade credit?
How long does it take to integrate a digital trade credit solution?