European open banking leader Aiia enters collaboration with one of the most successful software technology companies in the Nordics, Netcompany. N
Netcompany is launching ‘mit.dk’, a new platform to streamline digital communication between the Danish people and public and private sector companies. The platform is set to bring open banking powered payments to the masses by enabling Danish citizens to pay bills and invoices securely and safely in one place.
With an ambition of making it as easy and straightforward to act on and manage digital mail from companies, authorities, organisations and healthcare. The new digital post solution will also make it possible for more than five million Danish citizens to pay bills and invoices directly through the platform powered by Aiia’s quality-driven open banking infrastructure.
Not only will the Danish citizens be able to have one place to find bills, doctors appointments or communication from authorities, but the platform will enable citizens to take action immediately in one place. Such as booking a doctor's appointment, communicating directly with the insurance company or paying bills of any kind with a swipe.
By integrating Aiia’s payment initiation services, Netcompany will enable Danish citizens with a hassle-free and simple method for taking action on their digital post, and will amongst other things allow for the option to pay all bills and invoices directly where the citizens receive the messages.
By adding Aiia’s payment initiation services to the platform, mit.dk will make up for countless switching between online banking and payment cards or paper based invoices, a process most people can recognize from current digital mail solutions. Moving away from existing paper based invoices is expected to initiate higher conversion and more bills paid on time for companies using the new platform to let citizens pay their bills directly through their digital post solution.
With a potential reach of more than five million Danish citizens this collaboration is set to become a massive game-changer for open banking payments. The partnership is the first of its kind and is fully set to bring open banking powered payments to the masses with an estimated three-figure million amount of open banking payments yearly.
The further development of the partnership is to allow all Danish citizens to make different types beyond bill and invoice payments, adding options for splitting up payments and initiating subscription payments.
The partnership is the first of its kind and is fully set to bring open banking powered payments to the masses. The further development of the partnership is to allow all Danish citizens to make different types beyond bill and invoice payments, adding options for splitting up payments and initiating subscription payments.
Commenting on the collaboration of utilizing open banking payments, André Rogaczewski, CEO of Netcompany, said:
“We are proud to bring an innovative payment solution to millions of citizens and businesses. We unite and innovate digital post and modern payment options on the mit.dk platform. When you receive a message on mit.dk, you must be able to respond to it immediately - even when a bill has to be paid. The platform will be at the forefront with a seamless payment experience for both sender and recipient. With Aiia as payment provider, we ensure a strong, stable and future-proof solution with the user experience in focus. We hereby make it easy, safe and straightforward to pay all types of bills from a single overview in one place.”
Rune Mai, CEO & Founder of Aiia, also commented on the collaboration saying:
“We’re honoured to power a nationwide platform with our thriving payments platform and show that open banking powered payments is maturing to move into the masses. Together with Netcompany we’re creating an entirely new foundation for payments between Danish citizens and companies making it smooth, straightforward and intuitive to pay bills and invoices where it is received with their bank account. This will enable a high-converting payment flow and be increasing convenience massively for the end-users of mit.dk”