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NEWS - 8. June 2020 12:45

SEB's e-business payment solution makes it easy for an entrepreneur to receive payments

It will be easier for the company to receive payments - it will be possible to combine bank loans, card payments, and PayPal from local banks with a single merchant contract.

“A year ago, we announced cooperation with the Estonian financial technology company EveryPay. It is good to note that the cooperation has rapidly developed across the Baltics and today it allows us to provide SEB corporate clients with a convenient and effective payment collection solution. The solution grown out of Estonia, offers dignified competition for the world's most popular one, with local professional user support. I believe that the value born through cooperation will support companies with both a local and global focus,” commented Ainar Leppänen, head of retail banking, in the SEB and EveryPay cooperation.

“The EveryPay platform allows companies to offer solutions for receiving payments online and in mobile applications,” describes EveryPay Manager Lauri Teder. “We are pleased to extend our cooperation with SEB Bank in the Baltics and to help the Bank provide world-level digital payment solutions to its corporate clients. In addition to receiving card payments, we have included the possibility of a new generation of bank link payments based on the principles of open banking established by the EU Payment Services Directive (PSD2). Our platform allows for very different pay scenarios to be resolved and is suitable for any company that wants to settle with its customers in a digital environment.” he adds.

“When following the world's global trends of payments, the main keywords are recurring payments, automatic payments for regular services and the so-called invisible payments built into the service. Thanks to the EveryPay platform, we can offer such solutions to our customers and help grow their business. EveryPay already has its success story and we are happy to work with them,” Ainar Leppänen added.

With one contract and interface the SEB e-business payment solution offers all the main forms of payment - card payments, collection of payments from local banks' accounts, and PayPal. In this way, no customer's transaction will be undone due to the lack of a suitable payment solution. For an enterprise, payment management is effective by allowing smooth integration into existing systems.

E-business payment solution

More information:

Evelin Allas
Communications Manager
Marketing and Communications Division
SEB Pank

Phone: +372-665-5649
Mobile: +371-511-1718
Address: Tornimäe 2, 15010 Tallinn

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