Tieto and Siirto, an instant payment method with more than 1 million registered users in Finland, are partnering to make digital invoicing more accessible, efficient and user-friendly for both businesses and consumers in Finland.
The collaboration will enable businesses to retrieve their customers' e-invoice addresses and send the first invoice directly to a customer’s online banking service. This is made possible by Siirto's newly launched centralized registry, combined with Tieto’s Multichannel B2C e-invoicing solution. For consumers, this means a smoother digital payment experience.
"Consumers shouldn't need a separate app to pay or receive an invoice – their bank app should already do it. No extra downloads, no friction. That's the direction instant payments in Finland is heading, and Tieto is a key partner in getting us there," says Mikko Ketola, CEO of Siirto.
“Our partnership reflects a shared commitment to creating smoother digital payment experiences, reducing reliance on paper-based invoicing, and advancing the future of financial services in the Finnish market,” says Teemu Petäjäniemi, Product Area Manager, Multichannel in Tieto.
"We are excited to collaborate with Siirto as they bring a new and innovative approach to the Finnish invoicing ecosystem. Together, we can help organizations deliver invoices through the channels consumers prefer and contribute to the continued digitalization of payments and invoicing in Finland,” says Gard Heiaas, Head of Multichannel and Business Information Exchange in Tieto.
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For more information, please contact:
Tieto Newsdesk, news@tieto.com, tel. +358 40 5704072
Siirto Mikko Ketola, CEO Siirto Brand Oy, 050 383 8550, mikko.ketola@siirto.fi
Tieto is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tieto Caretech, Tieto Banktech and Tieto Indtech, as well as Tieto Tech Consulting business. Our around 13 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology. Tieto’s annual revenue is approximately EUR 2 billion. The company’s shares are traded on the NASDAQ exchange in Helsinki and Stockholm. www.tieto.com
Siirto is a Finnish account-to-account payment method that works directly within banks' own apps. With Siirto, consumers can pay friends, pay for purchases online, and receive e-invoices — all within the same, familiar banking app they already use. Siirto is developed together with its owner banks, OP and Nordea.