• We're thrilled to announce a powerful new feature in Billwerk that enhances your flexibility: Offline Payment Methods! This new "Custom" payment method empowers you, as a merchant, to create and manage payment options that may not be natively supported by Billwerk. Whether it's bank transfers, checks, or even cash payments, you now have the tools to offer your customers these alternative methods with ease.

Key Features:

• Custom Payment Methods: If Billwerk doesn’t support a specific payment method you want to offer, you can now create it yourself. Customize everything from payment instructions to logos and currencies.
• Flexible Payment Handling: Choose whether Billwerk should automatically mark the invoice as settled upon generation, or set it to pending, allowing you to manually confirm payment once received. This flexibility ensures that you can tailor the payment process to your business needs.
• Enhanced Visibility: The payment instructions you configure will be clearly visible to your customers in both the payment window and on the PDF invoices. Additionally, the logos and payment method names will be displayed in the payment window, ensuring a seamless and professional presentation of your payment options.
• Seamless Integration: The Offline Payment Method feature is API-first, like the rest of the Optimize platform. Automate your payment confirmation process by integrating with your existing payment systems. For instance, if you receive payment data through a webhook or batch file, you can set up middleware to automatically update the invoice status in Billwerk.
  

How to Offer Offline Payment Methods to Your Customers

Once you've configured and enabled your Offline Payment Method, there are two ways to offer it to your customers:

• Enable it in the Payment Window: You can allow your customers to choose the offline payment method themselves directly in the payment window. Simply enable the option, and it will appear alongside other payment methods.
  
  
  
• Manually Add the Payment Method: Alternatively, you can manually assign an offline payment method to a customer in the Optimize Admin. This gives you the control to select the payment method that best fits the customer's needs on a case-by-case basis.
  

Important Reminder:

Remember that transactions processed through offline payment methods require manual verification, as they are not tracked by our system. This feature gives you the control to manage these transactions, whether it's for a bank transfer, check, or any other method you choose to support.

We believe this new feature will significantly enhance your payment flexibility, making it easier than ever to meet your customers’ needs.

Start exploring Offline Payment Methods today and enjoy greater control over how you manage transactions!

Our core mission as a payment gateway is clear: we want to be your go-to choice for seamless cross-border transactions throughout Europe. We're not satisfied with just offering the usual international payment methods like cards, Apple Pay, Google Pay, and Paypal. Our goal is to empower you with a local presence and access to native payment options in every country where you have a presence.

Take a few minutes to ensure you're offering the most suitable payment methods for the countries you're selling to. You can find a comprehensive list of the payment methods we support, along with the corresponding countries or regions where they are accepted, by visiting our Payment Method page.

See all Payment Methods

If any of these payment methods pique your interest, simply click on them and select "I would like to hear more." Our team will promptly reach out to assist you in getting started with your preferred payment method.

Today is a big day for us. Reepay has been acquired by PSG Equity and now billwerk has become our sister company. The combination of Reepay and billwerk is expected to create a scalable subscription management and payment software product suitable to service businesses of all sizes, ranging from SMBs, SMEs to global enterprise stage companies all over Europe. Read the full article on Business Wire.

It is important for us to tell you that this news is not going to affect either our customers or partners. The entire Reepay team will continue working in Reepay including our founders Ole and Robert. We will also strive to continue to be the agile company that we are today. In a few words, business as usual.

Who is billwerk?

billwerk was founded in 2015 by Dr. Ricco Deutscher and his Co-Founders. With its subscription management platform, billwerk reliably provides a significant part of the digital value chain for recurring business models. 

billwerk employs 67 employees across its headquarters in Frankfurt, Germany, and offices in Minsk, Belarus, and Gdansk, Poland. Its subscription management platform is currently used by several hundred midsize and enterprise customers as well as fast-expanding start-ups across Germany, Switzerland, and France, with a growing presence in other European regions including the Nordics and Benelux.
To learn more about billwerk, visit https://billwerk.io/.

Who is PSG?

PSG is a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.

Having backed more than 85 companies and facilitated over 325 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, and London. To learn more about PSG, visit www.psgequity.com.