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Beobank selects Viva.com to provide acquiring services for SMEs

Source: Viva.com

Viva.com, Europe’s first acquirer powering payments across 24 countries and any device, and Beobank, a Belgian bank offering personalised products and services to 765 000 individuals clients, self-employed individuals, and SMEs in Belgium, have announced a strategic partnership aiming to advance local SMEs’ digital evolution and business growth.

This first ever collaboration in Belgium will pair Beobank’s established banking products with Viva.com’s latest omnichannel payments technology in an end-to-end corporate solution that delivers unparalleled efficiency and cost-effectiveness.

This collaboration model is a testament to Viva.com’s commitment to deliver a comprehensive business proposition that supports growth, leveraging its extensive direct connectivity with all local card and payment schemes to offer a truly pan-European, yet localised bundle of payment services for merchants.

“Strategic partnerships with financial institutions are an integral part into our expansion strategy based on extended distribution channels that make our innovative omnichannel payment solutions easily accessible to every business around Europe. These synergies effectively address businesses’ demand for comprehensive, ‘packaged’ financial services featuring cutting-edge technology, and creating economies of scale,” stated Harry Xenophontos, Chief Partnerships Officer at Viva.com.

Beobank’s strategic partnership with Viva.com marks a new era in delivering top-notch, customized, end-to-end solutions to local businesses, as Viva.com becomes the partner of choice for acquiring services. Viva.com is at the forefront of the payments industry, pioneering the Tap on Any Device technology for in-store payments, with its Smart Checkout payment gateway for online commerce complementing its omnichannel payments platform, featuring 40+ payment options, including domestic card schemes and alternative payment methods.

“This partnership with Viva.com marks a significant step forward in Beobank’s commitment to enhancing its services for SMEs and self-employed individuals. Based on conversations with our professional customers, we believe that leveraging Viva.com’s payment technologies, streamlined registration process, and transparent pricing will allow us to provide a more efficient and tailored banking experience that aligns closely with their needs and preferences,” commented Dirk Verhaeghe, Head of Retail Products at Beobank.

Viva.com’s Tap on any Device technology allows any corporate device - whether mobile, desktop, smart interactive or self-checkout to double its use as payment terminal, accepting contactless, chip & PIN, and QR code payments.

This technology supports different checkout journeys, elevating customer service, as transactions can be completed anywhere, eliminating queues and long waiting times. In the e-commerce space, Viva.com’s Smart Checkout payment gateway can increase conversion rate by 21%, as it dynamically adapts to present payment methods depending on customer preferences and merchant priorities. Additional features, such as Offline Payments, Dynamic Currency Conversion and Multicurrency, ensure that every sale is captured, and that businesses can maximize their revenue potential.

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