Effective e-invoicing
Finnish digital mailbox for important letters, documents, ticketing and invoices now offers secure and easy open banking payments
Savings
Launched in
A2A Payments Volume
Our collaboration
When Kivra, one of Sweden’s leading digital mailbox providers, launched in Finland in February of 2020 they were one of the first businesses to offer open banking payments in Europe. Using Nello Pay, Kivra’s users could now initiate direct account-to-account (A2A) payments to pay invoices directly from their Kivra mailbox. This made it faster and easier for their customers to pay their invoices in-app, while significantly reducing the invoice settlement time for their customers compared to manual bank transfers – a win-win for both Kivra’s customers and end users. As a result, Kivra has seen user adoption of A2A payments increase by more than 250 percent over the last year.
Kivra was also the first company in Finland to make scheduled A2A payments available to their users. Using Nello Pay’s scheduled payments feature, Kivra users can decide which date the invoice payment should be processed on when they first receive the invoice, so that they won't accidentally forget or miss the due date. Scheduled payments now make up around 15 percent of their transaction volume.
How it works
Using Neonomics, Kivra users can connect to their bank account and make an account-to-account payment quickly and securely from Kivra’s website or mobile app. No card or account number entry is needed, and the entire payment process takes place through the banks own security systems, providing end-to-end safety for the user.
An effective payment solution users appreciate
Simple and secure
Consumers can pay invoices received via Kivra easily and safely using A2A payments. The transactions are completed directly from the user’s own bank account and verified with a bank codes app provided by the user’s own bank.
Smart messaging
Kivra users do not need to worry about forgotten due dates or lost invoices since Kivra’s service sends out reminders of unhandled invoices.
Easy and effective
Increase your conversion rate and build brand loyalty with a streamlined payment flow that reduces manual entry making it faster and easier to pay.
Cost-efficient and faster settlements
Significantly reduce transaction fees associated with credit and debit card payments and eliminate interchange fees altogether. Reduce payment settlement times from days to just hours for your customers.
Hear from the client
"Neonomics stood out as the leading platform, offering a simple and effective solution that’s connected to all of the major Finnish banks. Being a pioneer is never easy and Neonomics has proven to be a reliable and responsive service provider"
Ilari Abdeen
CEO of Kivra Oy
