Reepay payment gateway on the rise

Profile:

  • Company name: Reepay
  • Industry: Payment service provider, subscription management, SaaS
  • Product: Payment gateway for the management of payment processes and subscription contracts
  • Formation: 2015
  • Founders: Robert Mygind, Ole Borup
  • Location: Copenhagen, Denmark
  • Number of employees: 10
  • Turnover:  n.a.
  • Total financing: n.a.
  • Product costs: Solution-dependent 
Reepay | Payment Service Provider | billwerk

Reepay  was founded in 2015 by Robert Mygind and Ole Borup.  The company is a subscription management platform and payment gateway for all aspects of running a webshop or subscription business.

Reepay: The payment gateway for the Scandinavian subscription market

Reepay is a leading Danish cloud-based payment gateway for managing payment processes and subscription contracts. The payment gateway Reepay has its headquarters in Copenhagen. Today, the company employs about 10 people in its offices in Copenhagen, Denmark, Norway and Sweden. The platform serves large webshops and subscription companies in Denmark such as Danske Spil, Øresundsbron, Interflora, Coolshop, Saxo.com and many more. The company’s customer base extends across Europe with a particularly strong presence in the Nordic countries.

Payment methods

As a payment gateway, Reepay covers a wide range of payment methods. The payment methods offered include Visa and MasterCard payments, MobilePay, Vipps, Dankort, Diners, Amex, UnionPay, JCB, Forbrugsforeningen, as well as Apple Pay, Google Pay and Swish. Klarna, ViaBill, PayPal and instalment methods from Resurs Bank are also among the included payment methods.

Features & Services

Depending on the solution selected, Reepay offers full complementary services. These additional services include: API, webhooks, chat support, link payments, plugins and plugin installation, additional accounts, telephone support, data export, surcharge module, intelligent routing and risk filtering. In addition, a subscription start-up package can be booked.

Pricing

The company offers three different pricing models for different requirements. The basic solution starts at 7€/month and a fee of 0.15€ per payment. The standard solution is available from €19/month and €0.05 per payment. The business solution is aimed at enterprise customers with regular and demanding payment requirements; costs vary according to customer requirements.

billwerk & Reepay join forces

On 2 October 2021, billwerk and Reepay announced their merger with the aim of forming a scalable subscription management and payment software product suitable for all sizes of business.

Reepay, which serves as an all-in-one billing solution and payment gateway, is particularly specialised for smaller companies. It thus complements billwerk’s offering, which focuses on more complex subscription management solutions. In addition, Reepay’s strong presence in the Nordic region will consolidate billwerk’s existing position in the DACH market and further drive the subscription business in Europe. The group’s solutions are also designed to integrate with a wide range of payment services and ERP and CRM systems and comply with European regulations.

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