Billhop makes it possible to pay almost any invoice with a credit card.

Billhop normally charges a 2.95% service fee. For ICS business Cardholders, this is a 2.7% rate

You create an account on Billhop and upload the invoices that need to be paid. After these invoices have been paid to Billhop via your ICS business credit card, Billhop will transfer the amount to the supplier within 2 working days. This is done by bank transfer, which means that the supplier does not have to accept credit card payments to receive the payment.

Why should I pay my invoices with my credit card?
Research has shown that invoices are paid on average after 39 days, while the standard payment term is usually between 14 and 30 days. This means that companies have to wait longer for their money, and this can lead to cash flow problems.

One of the benefits of a business credit card is the deferred payment. By paying an invoice with a credit card, the payment term of that invoice can be extended by up to 51 days. This frees up working capital so that you can focus on the growth of your company.

By paying an invoice with your ICS business credit card via Billhop, you can extend the payment term of that invoice to 51 days, so you can better manage your cash flow and focus on growing your business.

The deferred payment term depends on the following factors:

• The day on which the transaction is made: once every 30 days, you will receive an account statement from ICS, the outstanding amount of which must be paid to ICS within 21 days. If you pay an invoice via Billhop on the first day after the closing of the previous account statement, you have a deferred payment term of up to 51 days. If the transaction is made on the day before the statement of account closes, you have a deferred payment term of up to 21 days.
• The way you pay the monthly statement of account:
  • If you pay by direct debit, the amount will be debited from the business bank account 5 days after closing the account statement. This means that you have a deferred payment term of up to 35 days.
  • If you pay by manual transfer, the amount must be paid to ICS within 21 days after closing the account statement.

If you are going to use Billhop frequently, it is possible that your existing spending limit will not be sufficient; you can then submit a request to increase your spending limit.

With Billhop, you can pay almost any invoice. However, there are a few exceptions:

Billhop will not process invoices from

• suppliers from outside the Eurozone and England
• debt collection agencies
• credit card companies
• cryptocurrency marketplaces
• arms dealers
• pornographic and sex industry
• suppliers of used vehicles or car parts.

The supplier is not affected by this payment method. Billhop will pay the invoice by bank transfer, clearly stating the original invoice number. The credit card costs are included by Billhop in the service fee that is charged to the user. For ICS business Cardholders this is a service fee of 2.7%.

When you log in to your Billhop account, you will see the status of all your registered invoices. You can also choose to receive a text message or email when the payment of an invoice has been completed.

On your credit card statement, you will see the name Billhop in combination with the corresponding invoice number, the invoice amount and the Billhop service fee.

Yes, your Purchase Protection also applies to purchases that you pay through Billhop.

No, in accordance with our Terms and Conditions, the Delivery Guarantee does not apply to purchases made through Billhop.

No, ICS does not pass on customer data to Billhop. ICS is also not a contracting party; you are entering into a direct agreement with Billhop.