Next Money
  • Home
  • News
    • Business
    • Cloud
    • Features
    • Identity
    • Insurance
    • Crypto
    • Open Banking
    • Payments
    • Regulation
    • Retail
    • Security
    • Startups
    • Wealth
  • Agency
  • Founders
  • About
  • Privacy policy
Facebook 13K Likes
Twitter 18K Followers
YouTube 807 Subscribers
LinkedIn
Next Money
  • Home
  • News
    • Business
    • Cloud
    • Features
    • Identity
    • Insurance
    • Crypto
    • Open Banking
    • Payments
    • Regulation
    • Retail
    • Security
    • Startups
    • Wealth
  • Agency
  • Founders
  • About
  • Europe
  • Business

Fintech startup Payer hopes to revolutionise B2B e-commerce customer registration

  • News Team
  • November 12, 2020
  • No comments
  • 2 minute read
Total
0
Shares
0
0
0

Stockholm based fintech Payer Financial Services has developed a new registration product which will, it claimed, revolutionise how online customer relationships are made between companies. 

The company said that the product enables e-commerce merchants to verify new customers as trustworthy so they can make their purchases with ease. 

And Payer has launched a beta test program with several B2B merchants.

The Swedish B2B payments startup Payer is best known for its modular B2B payments platform. The new product, yet to be named, was developed to meet market expectations for better buying experiences in the B2B e-commerce segment.

Payer founder and CEO Peder Berge said: “B2B expectations for a better buying experience online is clearly driven by modern consumer-facing apps and software that are light-years ahead. Payer is determined to lead the development of the end-to-end payment chain for B2B. Our new product solves the conversion and onboarding of new customers for merchants, as well as recognizes recurring customers at checkout.”

The backdrop is that currently an estimated 90% of global B2B purchases are made with a backbone of invoice payments. The payment method works particularly well for companies, as information related to accounting and taxes follows with each invoice.

Johanna Stridsberg, product owner at Payer, added: “Invoicing is clearly the preferred method of payment across the globe. But it’s still not fully digital and user-friendly. Most of the manual processes both on the customer and merchant end of a purchase should be effectively removed. This product does exactly what both target groups are looking for.” 

Sweden is said to be one of the most progressive e-commerce and fintech markets in the world, and a great test market for the beta phase of Payer’s launch.

Total
0
Shares
Share 0
Tweet 0
Share 0
Related Topics
  • Payer
News Team

Previous Article
  • News
  • Business
  • Europe

Former Snapchat/Instagram COO backs Railsbank

  • News Team
  • November 12, 2020
View Post
Next Article
  • News
  • Business
  • Open Banking

Global open banking market to rocket

  • News Team
  • November 13, 2020
View Post
You May Also Like
View Post
  • Asia
  • Business
  • News

Benefit Vantage named as Best JUMPSTARTER – Fintech

  • News Team
  • March 22, 2021
View Post
  • Asia
  • Business
  • News

Indonesian consumers prefer to use digital channels during crisis

  • Neil Martin
  • March 19, 2021
View Post
  • News
  • Business
  • Crypto
  • North America

Fireblocks Raises $133m To Bring The World’s Biggest Banks And Fintechs Into Crypto

  • News Team
  • March 19, 2021
View Post
  • Australia
  • Business
  • Europe
  • News

Railsbank boss returns to his ancestral roots

  • News Team
  • March 18, 2021
View Post
  • Australia
  • Business
  • Europe
  • News

Railsbank launches in Australia as it continues expansion across APAC region

  • News Team
  • March 18, 2021
View Post
  • Asia
  • Business
  • News
  • Payments

Why is the QR code payment gaining traction in SE Asia?

  • Neil Martin
  • February 23, 2021
View Post
  • News
  • Business
  • Crypto
  • US

Get bitcoins from an ATM

  • Neil Martin
  • February 13, 2021
View Post
  • Europe
  • Business
  • News
  • Payments

Klarna launches bank accounts in Germany

  • News Team
  • February 10, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Digital Product Consulting & Digital Transformation Services - CreITive
  • Home
  • Agency
  • Founders
  • About us
  • Privacy policy
  • Contact

Copyright © 2020 Next Money Limited

Input your search keywords and press Enter.