Stockholm-based mobile-invoicing company Paylevo focusing on smart, convenient and secure payment methods now integrates FinTecSystems Risk Solution as its foundation of its innovative credit check for German customers. FinTecSystems solution enables Paylevo to perform instant credit assessment in real time based on consumers current bank status and bank identification.
“It is not a question of if, it is a question of how you can prevent merchants from fraudulent customers and behaviors. Paylevo develops an innovative fraud prevention system which enables us to serve invoice-based payments and instant purchases in a wide range of business segments and FinTecSystems delivers high-quality data which is vital for user acceptance and conversion.” Nils Wijkmark, COO of Paylevo says.
Dirk Rudolf, COO at FinTecSystems adds: “Our solution is the perfect match. Paylevo has already been quite successful in the Nordics. Operating from outside its domestic market in a wide-spread German banking ecosystem needs to be build on partnerships and we are happy that Paylevo utilizes our technology to expand its ambitions in Germany.”
Paylevo is an invoice-based payment solution enabling customers to make payments securely, safely and conveniently from any device. Paylevo performs a unique KYC and credit check on its consumers in order to establish each individual’s credit limits in real time. More information on www.paylevo.com
FinTecSystems offers online-banking-based Information- and Payment Services. It delivers solutions that support Banks, Payment Service Provider and Online Shops to identify customers, to reduce Credit- and Fraud Risk as well as to pay online with their Online Banking in real time. More information on www.fintecsystems.com