You`re unable to declare your expense right away? Our receipt storage will give you the option to upload receipts any time. Means load them up right away and add them to expenses once you`ve the time. In the next upcomming releases we will do the matching with transactions automatically.

As a next addon weve deployed Email forwarding. Whenever you`ve received an invoice by email, just forward them to your personalized email. Whatever you forward: it will be shown in your receipt storage. For your personalized email just click on your profile. You will find your address at receipt forwarding email.

We`re a finalist for PAY360’s Fintechs Pitch LIVE in association with Mastercard!

The 2022 edition is going hybrid – give us your support and vote for our entry here (Category Two – Scaleup):

https://bit.ly/30FmbEy

The Business Travel Show has named the six companies taking part in its travel innovation “Faceoff.”:

Happy to annouce we have been chosen by the #BTN Group to be one of the startups at the Business Travel Show’s Innovation Zone. #BusinessTravelShowEurope has unveiled this year’s six Business Travel Innovation Faceoff participants who will present their cutting-edge business travel inventions in a series of head to head battles, which will be broadcast virtually via Swapcard and live streamed during the in-person event, which runs 30 September to 1 October in person at ExCeL London.

PayPense announced it has received Payment Card Industry Data Security Standard (PCI DSS) Compliance after completing and passing the evaluation conducted by a Qualified Security Assessor certified by the PCI Security Standards Council (PCI SSC). The standard requires meeting a rigorous framework of security protocols intended to ensure a secure environment for companies that process, store, or transmit credit card information.

Becoming PCI Compliant is an important step for PayPense as it expands its roster of retail and financial services customers. The PCI Security Standards Council (PCI SSC), created as an independent body by major credit card companies in 2006, provides standards, tools, frameworks, and measurements to help organizations protect the security of cardholder information. The PCI DSS certification verifies that companies with access to cardholder information adhere to a strict framework for their payment card data security process that includes prevention, detection, and security.

PayPense was able to secure a high six-figure sum in a seed round concluded in November 2020.

The startup NTC AG, founded in February 2020, sells an expense solution under the name PayPense, which makes it possible to avoid financial advance payments by employees. “Although business trips are and will continue to be very limited due to Corona, it is all the more important to adapt the corresponding processes now and to prepare for the future,” says Christopher Hecht. PayPense is also an application for the payment and purchase of services on the Internet. “We go further than existing solutions. A purchase on the Internet does not end with the payment. For seamless processes, companies need verified and complete receipts and electronic data for all purchases across all platforms,” adds Hecht. The founders Christopher Hecht and Andreas Eichler were recently able to gather a high six-figure sum in their first round of financing. They did not disclose the exact amount.

Capital for growth, development and expansion.

With the fresh capital, the Bamberg-based startup wants to venture further expansion and product development and launch additional features.
“We are very pleased to have experienced business angels and investors on board, who through their expertise will help us realise our mission to make the world of payment and billing easier and faster for major customers,” says Christopher Hecht

Now the time has finally come and PayPense has been launched with a first beta version. We started our first live tests a few days ago.

The beta version of PayPense was distributed to the first users in Germany. It can now be installed on any smartphone with an Android or iOS operating system. The Android version is available in the Google Play Store. For the iOS version, you need a link that is sent by invitation. The access data is provided after a company account has been created in the associated portal by PayPense. Self-registration is not provided for in the beta test.

We hope for active participation and feedback in the beta programme, so that the app can be optimised through customer wishes.

Become a tester? Of course, we are continuously expanding the circle of our testers. So if you would like to join us, simply send an e-mail to: beta@paypense.de. Get to know a world in which all kinds of corporate expenses are paid centrally without employees having to pay in advance.