A digital mailbox for important letters, documents, ticketing and invoices now offers secure and easy open banking payments
When Kivra, one of Sweden’s leading digital mailbox providers, launched in Finland in February 2020, they were one of the first businesses in Europe to offer open banking payments. Using Neonomics Payments, Kivra 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, while significantly reducing their transaction costs compared to debit or credit cards – a win-win for both Kivra and their customers.
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.
Step 1
Kivra sends an email and push notification that you have an invoice. You log in to Kivra to view the invoice.
Step 2
You review the invoice and click ‘Pay’. You choose your bank, and connect to your account with your bank ID system.
Step 3
You verify the amount, click ‘Confirm’ and enter the code from your bank to complete the transaction.
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.
Kivra users do not need to worry about forgotten due dates or lost invoices since Kivra’s service sends out reminders of unhandled invoices.
Users can view invoices and make a direct account-to-account payment right from their Kivra mailbox. After an invoice has been paid it will automatically be archived in company-specific folders.
Digital post is a sustainable and fast way to both send and receive mail
Ilari Abdeen, CEO, Kivra Oy
Kivra increased their conversion rate and lowered their transaction costs with A2A payments
Increase your conversion rate and build brand loyalty with a streamlined payment flow that reduces manual entry making it faster and easier to pay.
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.
