Kredinor, Norway's largest debt collection agency, has a mission to create healthy economic conditions with a focus on customer needs and customer-driven development. Their aim is to help customers regain financial health quickly and at a lower cost. To achieve this, they have introduced Neonomics Checkout, an open banking payment method that reduces friction and simplifies the payment process.
Neonomics Checkout, enables direct account-to-account (A2A) payments between the payer's bank account and the recipient’s via a secure, unified bank API. It streamlines payment flows by carrying over invoice details, eliminating the need for customers to fill them out manually. This is especially helpful when invoice identification numbers are long and complex. Automating this process reduces errors and saves time, frustration, and cost for everyone involved.
Another convenient feature of this payment method is the ability to choose from multiple accounts when making a payment. Customers can securely connect to accounts at multiple banks and get an aggregated overview of them to select the best one to pay from without leaving the Kredinor website. Kredinor recently integrated
Neonomics Pay Date feature as well to provide customers with the convenience of picking a payment date that best suits their financial situation.
Through the combination of these features with near-instant settlement, Kredinor is able to provide an optimal customer experience and a more sustainable model of debt collection for all parties involved.