German Deutsche Post, SAP and Swiss PayNet to set EBPP network
German postal services company Deutsche Post AG, German enterprise resource planning (ERP) software provider SAP AG and Swiss electronic billing services company PayNet (Schweiz) AG plan to jointly develop an international electronic payment network based on SAP’s Electronic Bill Presentment and Payment (EBPP) technology, it was reported on September 7, 2005.
Deutsche Post, SAP and PayNet goal is to create an exchange of electronic invoices across borders on the basis of a common technology. The cooperation will provide the companies’ customers from different countries with the possibility to make transactions of national and international invoices via a single interface. PayNet will link the companies within Switzerland and Deutsche Post will integrate companies from Germany and from other countries into the network.
Deutsche Post will offer an electronic platform for Germany with Document Service Online (DSO) solution which will be available at the end of 2005. DSO will allow the electronically exchange of invoices between two or more companies. The international launch of the solution is scheduled for 2006.
SAP will provide the network customers with the licenses for the EBPP technology. EBPP is based on roaming method.
PayNet (www.telekurs.com) is a subsidiary of Swiss online news and business information provider Telekurs Holding Ltd. PayNet was set up in 2003 and its customers include the Swiss companies like Alstom Schweiz, a subsidiary of French electrical components developer Alstom, the food product machinery equipment manufacturer Buehler AG, the agriculture cooperative Coop, the pharmaceutical company Novartis AG, the fertilizers producer Syngenta and T-Systems Schweiz, a subsidiary of German information technology (IT) consultancy T-Systems International GmbH. Additionally more than 1.3 million eBanking customers of some Swiss 90 banks can receive and pay electronic invoices by PayNet.
http://www.telekurs.com/