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tap.pay.store

POM: Peace of Mind for everyone's invoice administration

Total Cost €

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EC-Contrib. €

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Partnership

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 tap.pay.store project word cloud

Explore the words cloud of the tap.pay.store project. It provides you a very rough idea of what is the project "tap.pay.store" about.

2014    team    easily    closed    meeting    disrupt    services    archive    35    group    accessible    association    transactions    saves    affairs    97    125    30    consulted    biller    retail    reliability    won    leader    15    eespa    market    penetration    world    2021    belgian    pom    payment    amounting    connected    billers    coach    commercialize    invoices    adding    paper    post    security    bn    energy    service    ceo    nominations    prizes    operator    invoice    country    partnership    200    admin    bryant    people    offers    deg    ing    customers    digital    convenient    payments    52    providers    strategic    worldline    launched    international    charles    2nd    strategy    government    forum    bpost    invoicing    banking    company    2016    2022    delegate    national    dominant    board    erpb    trl7    grown    dynamic    jump    financial    time    mind    sectors    app    peace    mobile    deals    reduces    33    patented    active    base    transaction    flagship    position    customer    platform    confidentiality    edf    combined    business    500    share    pay   

Project "tap.pay.store" data sheet

The following table provides information about the project.

Coordinator
POM 

Organization address
address: LANGE GASTHUISSTRAAT 29 A/8
city: ANTWERPEN
postcode: 2000
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Belgium [BE]
 Project website https://www.pom.be/en
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    POM BE (ANTWERPEN) coordinator 50˙000.00

Map

 Project objective

POM = Peace of Mind. POM is our beyond state-of-the-art patented invoice payment platform, meeting TRL7, which will disrupt the EU invoice payment market, adding value to both biller and end-user.

Our flagship mobile app (to pay, manage & archive any invoice from any biller – both paper and digital) enables invoice admin on-the-go. POM saves up to 97% of the time needed to process invoices and reduces late payments with up to 33%.

POM is easily accessible and very convenient, but at the same time offers the security, reliability and confidentiality customers expect in their financial affairs.

POM will commercialize its platform on EU scale. The value of m-payment transactions in the EU-7 is expected to jump from €52 bn in 2016 to €125 bn by 2021. With its top-down bottom-up go-to-market strategy, POM targets a dominant position of up to 30% market share per targeted country by 2022.

POM (°2014) has grown into a dynamic team of 8 people. POM has a strong management team with wide experience in e-invoicing and e-payments, amounting to a combined 35 years. POM is well connected at a national and international level. Our CEO is a delegate to the EU Forum on e-Invoicing, and an active member of the EU E-invoicing Service Providers Association (EESPA) and the EU Retail Payments Board (ERPB) working group. The team is regularly consulted by the Belgian government. POM has won various prizes and nominations.

Launched in May 2016 on the Belgian market, POM now reaches up to 200 000 users and 2 500 billers from all sectors, i.e. up to 15% market penetration after only 1.5 years.

POM closed deals with EDF (2nd largest energy company in EU), bpost (leading BE post operator) and ING (world leading banking group) increasing its user reach and customer base, and set up a long-term strategic partnership with Worldline (EU market leader in payment/transaction services). Business coach Charles Bryant, EU authority in the field of e-invoicing and e-payment, will coach us.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "TAP.PAY.STORE" project.

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The information about "TAP.PAY.STORE" are provided by the European Opendata Portal: CORDIS opendata.

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