FinXP, an award-winning payments fintech, in collaboration with Trust Payments, a disruptive leader in fintech, specialising in frictionless payments and value-added services for online and offline merchants, are delighted to announce a new partnership with the German debt collection company Culpa Inkasso.
Through the partnership, the two fintech businesses have delivered a novel and user-friendly solution that enables thousands of consumers to easily pay overdue invoices online. It has been built for customers who are defaulting on payments to Culpa Inkasso corporate clients.
Affected customers will receive a letter detailing the debt amount owed which will include a QR Code that directs the readers to a secure website where they can settle their debts. The customer has the option to pay using a range of online payment methods including SOFORT, Giropay, credit & debit cards, and bank transfers. The direct settlement between FinXP/Trust Payments and Culpa Inkasso allows for a quick and secure payout to the creditors that have engaged Culpa Inkasso.
This unique solution was developed in collaboration with Commonpay GmbH, an innovative technology company offering a wide range of integration solutions for the Financial Services industry.