Pleo announces Google Pay for 13,000+ business customers
Pleo, the fintech empowering businesses with a smart spending and expense management solution, today announces Google Pay functionality for its 13,000+ European and UK customers. Pleo’s 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.
The new, co-branded service will be rolled out to customers across Pleo’s six markets of operation in the UK, Denmark, Sweden, German, Ireland, Spain.
Coming just a few months after Pleo’s integration of Apple Pay, customers will now have even more flexibility when it comes to contactless business payment methods – with Google and Android users now able to sync their Pleo card to their preferred devices. 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.
Niccolo Perra, Pleo co-Founder and CTO, comments:
“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.”
The Google and Apple Pay integrations come at a time when Pleo is helping its customers to transition away from legacy approaches to spend and expense management, which – according to its recent survey – can see employees spending up to 11.5 hours a month processing. These features, and Pleo’s recently announced ‘Pocket’ functionality, are helping to bridge the gap between analogue and digital expense processes.
In May 2019 Pleo closed a $56M Series B round led by New York-based growth fund Stripes. Its cards are now used by over 12,000 customers across six European countries, with the company supported by strategic and technical partnerships with Mastercard, J.P. Morgan and Danske Bank.