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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.

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

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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