Valuence Starts Providing "Auction Pay" B2B Settlement Service to Penguin Trade

Valuence Japan has launched its B2B auction settlement service "Auction Pay" for Penguin Trade's auction platforms. Developed in collaboration with Paygent and Infcurion, the service addresses cash flow challenges in the reuse industry by allowing participants to pay invoices using corporate credit cards. This flexibility helps businesses manage the gap between auction payments and inventory resale. The initiative aims to standardize payment infrastructure within the auction industry, improving transaction efficiency and promoting a cashless environment for B2B reuse trading.