PostNord Strålfors, part of the PostNord Group, has partnered with European open banking provider Tink, a company that was recently purchased by Visa.
PostNord Strålfors operates in the Nordic region and offers corporate communication management and services. The company reports that it is the largest distributor of invoices in the region.
According to the company, Tink’s payment initiation technology will allow PostNord Strålfors to add open banking-powered payments to its Nordic omnichannel offering. Strålfors and Tink will update how invoices are paid and handled in the Nordics. The goal is to create a superior user experience by streamlining the payments process for consumers, reducing the time and effort it takes for people to stay on top of their finances. At the same time, it strives to ensure simplicity and cost efficiency for the company.
“We are very pleased with the new partnership with Tink, the leading player in open banking and A2A payments. Today, we handle hundreds of million invoices annually for our customers in the Nordic region. With open banking (PSD2), we see it as a natural development of our offer to now also be able to offer our customers simple, compliant and user-friendly payment solutions integrated in our already existing channels,” stated Mattias Norén, Head of Strategy and Business Development at PostNord Strålfors.
Tom Pope, Head of Payments and Platforms at Tink, said they are proud to be partnering with one of the market leaders in the Nordics, to deliver a payments service that will be a touchpoint for millions of people:
“We are at a tipping point for the mass adoption of open banking payments across Europe, and partnerships like this one with PostNord Strålfors is further proof of that fact”.