Online distributor, Express Online, has partnered with Moneytech to give resellers a fourth payment option.
Express Online also offers a fee-free credit card process, EFT and its own credit facility. Sales and marketing manager, Siobhan Delaney-Miller, said the distributor was finding resellers requesting more payment options and Moneytech was gaining a lot of traction in the market.
"We've seen a lot more resellers taking up credit accounts over the last year. Resellers are finding credit quite tough at the moment," Delaney-Miller said.
Moneytech managing director, Hugh Evans, said the service was gaining another 100 resellers a month to add to its 1800 current customers.
Evans said the tightening of lending criteria at banks in response to the Reserve Bank's interest rates increase had given Moneytech more customers and opportunities.
Moneytech has branched out from the IT market into the healthcare and food and beverage sectors.
"There was demand for our product in these spaces, and as an organisation it makes sense to spread our risk. We'll continue to look into other areas to branch into as well," Evans said.