NETHERLANDS | AcceptEmail - the fintech company that allows to pay and receive payments by email - opens a new office location in New York. Named as one of Europe’s 50 Hottest FinTech Companies in 2014 for its smart email and mobile billing solutions, AcceptEmail is now determined to conquer the United States.
AcceptEmail simplifies the customer’s payment experience by doing away with hurdles like registering, logging, retyping bill data, archiving, payment status delay and lack of proof of payment. Consumers and business are simply able to pay by email using the email's payment button. AcceptEmail supports almost all online payment methods, including debit cards, credit cards, wallets, and alternative payment methods.
In a few clicks, bills can be paid directly from the inbox, using online or mobile payment methods. No manual data (re)entry is involved, and the customer does not need to register or log-in. Customers experience more convenience, with fewer steps to take and with real-time updates that show the current status of the bill in the message itself. Companies that send AcceptEmails experience up to 50% quicker payments, 70% lower billing and reminder costs, and 20% improved customer satisfaction.
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In serving the American market, AcceptEmail will initially focus on its sweet spots: Utilities, Telecommunications, Insurance and Consumer Finance. The company is the de facto standard for these industries in the Netherlands, holding a 95% market share. Other sectors where the company expects to win clients are Property Management, Health Care and Credit Cards.
Reducing overhead and accelerating cash flow
“On top of reducing overhead and accelerating cash flow for businesses, we make paying bills a less annoying experience for their customers. We believe that the process of payment is an integral part of every customer journey, and we strive to make it as mutually convenient, secure and satisfying as it can be,” said Kwakernaak.
AcceptEmail is the easiest way to receive and pay bills and reminders for consumers and SMEs. Rather than a notification to log in to a biller portal, customers receive real-time payment requests via various messaging solutions: email, mobile, QR code or social media. AcceptEmail is headquartered in Amsterdam and has offices in Belgium and the UK as well as its new American location at 228 East 45 Street, Suite 9E, New York, NY 10017.