How they describe themselves: AcceptEmail is the market leader for consumer remittances in Western Europe. The company serves approximately 600 clients in segments including insurance, banking, telecom, utilities, property management, and retail. AcceptEmail’s simple, intuitive payments are ideal for companies that do business with today’s highly mobile consumers, especially the digitally savvy members of the Millennial Generation. Customers have fewer steps to take and get real-time updates that show the bill’s current status right in the message itself. Companies reduce costs by up to 70%, get paid 50% quicker, and improve NPS scores by 20%.
How they describe their product/innovation: AcceptEmail delivers payment requests directly to the customer’s mobile device or desktop via various messaging solutions including email, IM, QR code, and social media. The customer may make a payment any time and from anywhere, directly from the inbox, with just a few clicks. There are no apps to download, no registering, no logging in. Payment may come from the customer’s bank account via Verified ACH, by credit or debit card, or via a third-party method. Once the payment goes through, the status bar changes from blue (due) to green (paid) in real time. Customers love AcceptEmail’s simplicity and convenience.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms