News and resources on payments systems, innovations and initiatives worldwide.

Neonomics and Zavann to simplify electricity billing with open banking payments

Source: Neonomics

Zavann, a Swedish based software as a service (SaaS) company owned by EG providing a range of data-driven offerings for electricity suppliers across Sweden has partnered with Neonomics, a leading open banking platform to simplify the way in which consumers across Sweden receive and pay their electricity bills.

Zavann has integrated Neonomics’ pure unified PSD2 payments API to launch integrated open banking payments which will enable customers to manage their electricity bills more efficiently in one secure place. Upon receiving an invoice, customers are notified via SMS with a link, where they can settle the invoice directly and securely without having to revert to their banking apps.

Claes Nilsson, the Director of Sales and Marketing at Zavann said

“We chose Neonomics because their pure unified PSD2 payments API provided the most secure and stable means of enabling account to account payments after reviewing multiple other providers in the market. With Neonomics we are enhancing the service we offer our customers, the energy suppliers and sub-suppliers, while also providing a much better user experience for our customers’ customers, enabling savings for everyone on every payment.”

Zavann’s SaaS platform, Gasell, was developed to serve as a secure ecosystem for energy suppliers to manage consumer data more efficiently.
Commenting on the collaboration Christoffer Andvig, CEO of Neonomics said

“Zavann is focused on improving the way in which consumers interact with energy suppliers, where there is a clear demand for more seamless and cost-efficient payments. By tapping the power of Neonomics open banking platform, we are enabling Gasell to become a much more versatile offering creating a win-win for both parties.”

Recently launched in Sweden, Zavann is expanding its partnership and customer engagements, gearing up to launch its service to the Norwegian market.

Comments: (0)