Pagero launches support for P27 to help Nordic companies meet future requirements

Pagero announces that its e-banking service now supports P27, the new payment platform that will replace Bankgirot

From 2023, Bankgirot will be phased out as platform for payments between companies in the Nordic region. Bankgirot will be replaced by P27 Nordic Payments Platform, a new payment infrastructure for the Nordics developed in a joint initiative by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank. The goal is to offer a simpler and more future-proof payment infrastructure for companies and individuals in the Nordic region.

Pagero, which for over a decade has helped companies streamline banking and payment processes, is now announcing support for P27 in its e-banking service. The support has already been implemented for around a hundred companies that will be ready for P27 when it goes live.

"Today, we help thousands of companies handle payments of over SEK 100 billion every year and are already well established in the Nordic market," says Bengt Nilsson, CEO at Pagero. "We see that the Nordic region, as well as other markets internationally, are moving towards a more modern and efficient handling of transactions and payments and we expect strong growth within e-banking in the coming years." 

Pagero E-banking is a service that allows companies to process payments - for all their companies, banks and currencies - in one interface. But the benefits are not just related to a smoother payment process.

“Pagero can give CFOs or controllers a complete view of the company's ongoing transactions on both the purchasing and sales side – orders, delivery information, invoices and payment instructions. We give companies unique conditions for increasing control and planning their cash flow”, says Gustav Dahllöf, Chief Product Officer at Pagero.

Pagero E-banking is today mainly available to customers in the Nordic region, but development is underway to launch the product in more markets.

About Pagero

Pagero provides a Smart Business Network that connects buyers and sellers for automated, compliant, and secure exchange of orders, invoices, payment instructions and other business documents. With an open network and a wide range of value-added apps, Pagero helps businesses streamline their order-to-cash and purchase-to-pay processes while unlocking the full potential of accurate and reliable business data. All of this, regardless of location, industry, size or systems. Find out more on pagero.com