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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.

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

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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