Pleo, a Denmark-based fintech startup, recently announced it has launched Google Pay functionality for its more than 13,000 European and UK customers. According to Pleo, customers will be able to immediately benefit from Google’s seamless contactless payment method, giving employees increased flexibility when making business purchases.
Other secure Google Pay features that Pleo users will benefit from include:
- Encryption of important payment information which is then stored on secure servers.
- Virtual account numbers to protect sensitive user data and card details.
- A contactless payment method – removing the need to handle cash or touch buttons amid Covid-19 concerns.
Pleo further revealed that co-branded service will be rolled out to customers across its six markets of operation, which are the UK, Demark, Sweden, Germany, Ireland, and Spain. The company noted:
“Direct integration with the Pleo app will also mean managers and team leaders will have real-time transparency of business spending, no matter the device used.”
Speaking about the launch, Niccolo Perrera, Pleo Co-Founder and CTO, stated:
“As an Android user, I am particularly thrilled to be releasing this new functionality to our customer base. Following on from our Apple Pay announcement this year, the integration of Google Pay means that the Pleo service can be used seamlessly by up to 90% of all our customers. This is a huge step forward and marks another milestone in the movement towards Pleo becoming a fully-digitised business spending solution. In short, it’s never been easier to pay with Pleo.”
As previously reported, Pleo was founded in 2015 and offers smart payment cards for employees, which enables them to buy the things they need for work while keeping the companies in control of spending. The company noted it “revolutionizes” business spending by reducing administrative complexity, eliminating expense reports, and simplifying bookkeeping. The company stated:
“Pleo provides smart company cards paired with software and mobile apps to automatically match receipts and track all company spending in real-time with detailed analytics. Pleo eliminates expense reports and automates bookkeeping tasks as it integrates directly with accounting software providers, saving companies time and money.”