The Dutch fintech firm Mail to Pay is becoming a member of forces with its Belgian peer POM as of December 5.
Within the Netherlands Mail to Pay is thought to be the founding father of the debtor course of automation with purchasers akin to Vodafone, Univé and Nationale Nederlanden. The clever credit score administration software program automates the invoicing course of of huge organizations. During the last three years, the Mail to Pay Belgium subsidiary has constructed a shopper portfolio inside quite a lot of sectors, akin to healthcare (hospitals and medical laboratories), the power market and the monetary market.
With the acquisition of POM, Mail to Pay acquired a corporation that has grown into an progressive frontrunner within the digital fee sector over the past eight years in Belgium. POM develops fee options to simplify the method of invoicing, fines, membership charges and donations, for each the sender and the recipient. The corporate presently has greater than 1,300 purchasers, that are lively in quite a lot of sectors. purchasers embody amongst others, power corporations, insurers, faculties, sports activities golf equipment and governmental establishments.
Mail to Pay and POM go hand in hand and are each targeted on innovation. Organizations utilizing Mail to Pay’s credit score administration software program can automate, personalize and robotize your entire debtor course of. To do that, the platform makes use of algorithms, machine studying and hyper-personalization. This system results in decrease assortment prices, greater assortment charges, elevated buyer satisfaction and better buyer retention. Along with POM, the Mail to Pay Group presently collects greater than 4 billion euros per yr for its purchasers.
“By uniting POM and Mail to Pay, we’re combining two technological frontrunners.” says the CEO of the Mail to Pay Group Kees Neven. “Our major focus is to unburden corporations of the invoicing course of. Combining automated credit score administration software program with progressive fee choices creates new methods for organizations to obtain funds sooner, extra effectively and in a extra customer-friendly method.”
The acquisition of POM matches inside Mail to Pay its strategic plan. “We have already got an workplace in Belgium servicing our present Belgian purchasers, however this acquisition will considerably improve our presence in Belgium. Our ambition is to achieve extra purchasers, improve our worldwide publicity and introduce a brand new innovation yearly. In the end, we wish to acquire a number one position in billing and debt automation in Europe.” Neven says.
A mixture of fee choices
With POM’s QR fee codes and fee hyperlinks, Belgian organizations receives a commission sooner and extra precisely. As much as 40 % of the purchasers receiving a fee request from POM pay inside 24 hours. The fee platform is linked to all widespread fee strategies, akin to Bancontact, Payconiq, iDEAL or bank card. The combination of fee choices that’s provided is compiled primarily based on the shopper’s profile.
“In these occasions of excessive inflation, this provides nice benefits. An growing variety of individuals are struggling to pay their payments on time. Providing fee in installments or a deferred fee could make a big distinction,” says CEO and co-founder of POM Johannes Vermeire. “By merging our actions with these of Mail to Pay, we’re taking one other step ahead. We broaden our providing with bill monitoring options and thus provide much more added worth.”