Paylevo integrates FinTecSystems risk tech into mobile invoicing system

Source: Paylevo

Stockholm-based mobile-invoicing company Paylevo focusing on smart, convenient and secure payment methods now integrates FinTecSystems Risk Solution as its foundation of its innovative credit check for German customers.

FinTecSystems solution enables Paylevo to perform instant credit assessment in real time based on consumers current bank status and bank identification.

“It is not a question of if, it is a question of how you can prevent merchants from fraudulent customers and behaviors. Paylevo develops an innovative fraud prevention system which enables us to serve invoice-based payments and instant purchases in a wide range of business segments and FinTecSystems delivers high-quality data which is vital for user acceptance and conversion.” Nils Wijkmark, COO of Paylevo says.

Dirk Rudolf, COO at FinTecSystems adds: “Our solution is the perfect match. Paylevo has already been quite successful in the Nordics. Operating from outside its domestic market in a wide-spread German banking ecosystem needs to be build on partnerships and we are happy that Paylevo utilizes our technology to expand its ambitions in Germany.”

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