- What challenge(s) do you address?
We, as users or customers, only experience and see the front end of payments. The other side, meaning the back-end of processing a payment, is lagging behind. Current payment systems are slow, highly complex and expensive as well as open to human errors as they are in many cases still managed manually. Moreover, payment providers are not connected to each other, which adds friction, risk and costs, making reconciliation and reporting difficult. In addition, merchants cannot select different payment providers for individual transactions, making it difficult to balance risk and address local and global needs. COMO has created a platform that helps many companies to solve their problems associated with payment processing.
- What situation do you solve for your clients?
In a digital economy that knows no borders, payment management can quickly become complicated. This results in additional costs for a company and can be one of the key barrier for its further development. Thanks to COMO, clients are able to rapidly and easily treat with their payment processing.