Fintech startup Payer selected by Returpack to digitise payouts in national recycling scheme
Returpack is the company that facilitates over 2 Billion deposits of recyclable PET bottles and cans in Sweden through a network of reverse vending machines. The fintech startup Payer was chosen to develop a new and innovative IoT technology with the ambition to create an easy digital payout experience for consumers. The digital solution, based on Payer’s API payments platform, is now being rolled out across Sweden.Returpack has since the 1980’s been the company that is managing the national deposit return scheme in Sweden. Over 2 Billion containers are recycled through Returpack each year.
