Deutsche Payment A1M SE: Establishment of long-term cooperation with European reseller
Corporate News
Deutsche Payment A1M SE:
Establishment of long-term cooperation with European reseller
Deutsche Payment A1M SE has successfully concluded negotiations on a brokerage cooperation with a European reseller from another European country. The cooperation has a term of at least five years and provides for intensive collaboration in the referral of business customers to licensed payment service providers.
Berlin, November 21st 2022 – Deutsche Payment A1M SE has entered into a cooperation agreement with a term of at least five years with BilMar Ventures OOD, effective November 2022. BilMar Ventures OOD – a European reseller was recently founded by experts from the European payment industry who have held management positions at various large payment companies in the past. From now on, both parties will cooperate intensively and on a long-term basis in the referral of business customers to licensed payment service providers. Specifically, the agreement provides that the reseller will use its extensive contacts to business customers from the ecommerce sector with digital offerings to refer them to licensed payment service providers from Deutsche Payment A1M SE’s partner network together with Deutsche Payment A1M SE. On the other hand, the reseller can offer the business customers products from Deutsche Payment’s portfolio. Both parties expect growth opportunities for their brokerage business from the cooperation.
For its activities, the reseller will receive a performance-related fee based on Deutsche Payment’s monthly gross profit, a monthly fixed fee linked to a minimum turnover, and a bonus for achieving annual gross profit targets that increase over the term of the contract.
“We are pleased to have found a cooperation partner in BilMar Ventures, that brings business customers into our brokerage business and supports us as a service provider in the brokerage of our own leads. Through the long-term cooperation and the steadily increasing gross profit targets, from which the variable compensation for our cooperation partner is fed, we expect a positive impact on our growth plans,” comments CEO Alexander Herbst on the future cooperation.
Contact: Dr. Erik Hermann (Investor Relations)
Phone: +49 (0)30 652121346
Email: ir@deutsche-payment.com
About Deutsche Payment
Successful companies inspire their customers not only with an attractive offer. Digital payment solutions that have a positive impact on the customer experience – online, mobile, and at the point of sale – are the key to successful customer retention.
Our mission is to provide companies with innovative and cost-optimized payment solutions that are tailored to their individual needs and meet the highest security standards. For our solutions and our consulting, we place particular emphasis on customer orientation and positive customer experiences.
More information:
www.deutsche-payment.com/en/