POM : Payment Links To Improve The Efficiency Of Payment Reminders

POM is a Belgian company created 5 years ago. POM stands for Peace of Mind. They facilitate payment processes: payment links in SMS, invoices and payment reminders for charities, fines and many types of needs. They offer solutions for invoice administration, both for the receiver and the sender.

Challenge : speed up the payment process for the end user.

 

Previously, POM worked mainly with a QR code on paper, but at the request of a client, even more effective reminders were needed. They created a payment button embedded in an email to allow end users to instantly pay their bill online. The concern was that many invoices remained unpaid. The challenge was to find how to further reduce the number of unpaid invoices and speed up the payment process.

For a common customer, POM and RingRing therefore joined forces to integrate this payment link into an even more efficient channel: SMS. Indeed, with its 97% opening rate, SMS is more successful than email.

%

More money collected

%

Less cases sent to debt recovery

%

Payments made within 24 hours

Solution : implement the complete POM solution into an automated SMS.

How does it work?
1. As a company, you send us your files and we send it back via various channels : SMS, voice or mail. Once that we receive a billing file, we integrate directly the payment link in the SMS.

2. The customer pays easily : end-users click on the link to pay their outstanding invoice and choose their favourite payment method. There’s no pre-registration needed.

3. Analyse data directly on your dashboard, improve your ROI and find bad payers more easily.

Want to know more about payment reminders and how it can increase your ROI?

Tom Totté, co-founder from POM

Result: Cost Savings and Satisfied customers.

The process has been in place for only a few months and the effectiveness of payment reminders has already been proven. Here are a few impacting figures:

  • 15% growth per month of use.
  • 20% less cases sent to debt recovery.
  • 97% open rate SMS reminder within 3’
  • 40% of payments are made within 24 hours.
  • 50% of customers actually pay via this system
  • 11% more money collected thanks to payment link

This is a significant saving of time and money for entreprises!

« RingRing was the ideal partner to do SMS with integrated link thanks to their flexibility and possibility to customise the products »

Tom Totté, co-founder from POM

Improve payment reminders by using payment link

SMS

Automated SMS

Automated SMS

Voice API

SMS API

Automated SMS

SMS Gateway

Bulk sms

Bulk SMS

Email to SMS

Email to SMS

VOICE

Voice API

Voice API

Virtual voice agent

Voicebot

Interactive voice response

Interactive Voice Response

BOTS

Bots

Chatbot

SURVEY

Send survey

Send Survey

EFFICIENCY

Automated SMS

Payment Reminder

Appointment reminders

Appointment Reminder

PRODUCTIVITY

Call Campaign Manager

Call Campaign Manager

Smart IVR

Smart IVR

SECURITY

OTP

One Time Password

Automated SMS

Blog

Bulk sms

Customer Stories

Automated SMS

Contact us!

Bulk sms

Talk to an expert

About Ring Ring

About us

Virtual voice agent

Careers

Voice API

FAQ