PayByBill takes away the risk of loosing customers due to sometimes challenging checkout methods using cards and other alternative payment methods (using card readers, tan codes). At the same time, PayByBill provides ease-to-mind for (anxious) shoppers preferring to first receive and than pay for goods ordered online. How PayByBill works? The online store receives an order, makes the delivery and gets payment from PayByBill within 24 hours. PayByBill (powered by arvato) sends an invoice to the customer and takes care of payment administration as well as the credit risk. PayByBill is available to ecommerce merchants operating in Norway, Sweden, Denmark, Finland, Germany and the Netherlands. Online merchants and businesses are able to accept PayByBill online via an API integration or via a PayByBill Payment Service Provider (see below). Klarna and AfterPay are similar online and mobile payment solutions to PayByBill.