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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.

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

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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