- Accounting service Billomat implements a payment option with the new PSP solution Concardis Payengine
- Users of the web-based invoice tool can accept payments online using Concardis Paylink
- Gradual integration of all Billomat users is planned
Billomat, the leading web-based accounting service for small and medium-sized enterprises (SMEs), has entered into a partnership with full-service payment provider Concardis. Companies that use Billomat’s accounting software now have a new payment option: when creating digital invoices, they can use Concardis Paylink to include a link to an individual payment website. With just a few clicks, the recipient uses the link to pay the outstanding amount – just like they are used to when shopping online. The advantage is that, in future, intricate manual bank transfers are no longer necessary. Both the invoicing party as well as the invoice recipient receive a confirmation email following successful payment. Additionally, the transaction is automatically entered into the Billomat ledger system, which eliminates the need to manually record the payment.
‘Our goal is to drive the digitisation and automation of accounting and invoicing forward for businesses. In doing so, the subject of online payment is one of the more important areas. That is why we are excited to have such an experienced partner in Concardis who, with its innovative yet simple solution, seamlessly integrates the payment function into our system – with comprehensive service and at very good conditions,’ says Paul-Alexander Thies, managing director of Billomat.
‘To enable all Billomat customers to use Paylink without delay, Concardis has developed an easy to integrate interface technology through its PSP platform Payengine: registration for payment is carried out automatically and therefore significantly faster than before. Users don’t need any experience with payment solutions to make use of our offer – using Paylink is very intuitive and done directly using Billomat’s online platform,’ says Christoph Jung, Vice President eCommerce Competence Center of Concardis.
The accounting service already has 6,500 active paying users, primarily SMEs and sole traders – and the arrow is pointing upwards. In addition to the management of offers and invoices, Billomat can be used to send payment reminders and to prepare documents for the accounting department. Now all users of the accounting service will also be gradually granted access for payment.
Accepting online payments is becoming more and more important for many businesses: they receive payments much faster and minimise the risk of erroneous transactions. Automatic coupling of the payment process with the accounting software reduces the work needed to manage accounting tasks and saves time.
Billomat is a web-based accounting program that allows customers to take care of their accounting tasks from anywhere – quickly, securely and effectively. Using the mobile app and the SSL-encrypted cloud technology, invoices and payment reminders can be conveniently managed, even while on the go. Billomat’s goal is to make accounting as simple as possible for start-ups, businesses and self-employed people so that users have more time for the more important parts of their business.
The fintech company, with its headquarters in Nuremberg, was started in 2007 by Webworkers. Since March 2016, a new team made up of thoroughbred online and software experts has been working on the accounting tool. The managing director is Paul-Alexander Thies, who has previously worked for payleven (Rocket Internet), travador.com and Groupon.
Concardis is the leading full-service payment provider in German-speaking Europe. Concardis acts as a consultant and point of contact for some 116,000 customers with more than 470,000 connected terminals and is active in 118 countries. The company ensures seamless processes at the point of sale with its fast and convenient payment processes. With innovative solutions in e-commerce and m-commerce as well as for bricks-and-mortar shops, Concardis helps its customers realise sales across all channels and beyond national borders, thereby allowing them to profit from growing international retail. The payment service provider constantly works to increase added value for merchants and consumers when it comes to payment through the expansion of its services and the integration of complementary products and services. Thanks to its many years of experience, its close bonds to retail and in-depth knowledge of the payment market, Concardis is a sought-after partner and trailblazer for new payment products.
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