Uber’s influence on the payment behaviour

In France we are talking about an „ uberisation“ of the society due to the important and fast  evolution of the consumer habits.

The evolution is very quick in big urbanisation areas like Paris.

Due of those facts all the leading superstores or hypermarkets announced officially that they will reduce the size of their markets and exclude all the products which are big sellers on Internet.

In the meantime thousands of small companies which are in competition with the Internet start a bankruptcy procedure.

In 2016 in Paris and his suburbs the number of bankruptcies for Fashion retailers, Shoe retailers, small Hotels, small Transport and Taxi Companies raised about 20 % in comparison to 2015.

The suppliers of those companies have to adapt their credit management to this evolution.

In France all the laws and fines issued in the last years couldn’t stop the negative payment delays evolution. One of the major reason is the difficult relationship between the small companies and their Banks.

New ideas are raising coming from the involved professionals ( lawyer, judges, bankruptcy receivers and so on ) one of them is that if a small company goes bankrupt due of the late payment of one of his customers this one will have to pay all the debts of the bankrupt company.