We make online payments easier for our clients and partners, allowing them to expand their business.
The idea for Better Payment was formed in 2008. At this time FinTech was still a rather unpopular industry. Most companies did not grasp the possibilities and the extent of potential yet. Our founder, Björn Bähre, recognized that payment solutions lacked flexibility to serve the markets demands and were far from being comprehensive. Most technologies were impossible to adapt to individual and innovative ways of Online Payments. In the following years, the plan to design a payment solution that would combine comprehensive payment with the flexibility and adaptability to match all payment requirements was formed – Better Payment. In 2013 the company was founded, to reach this goal.
Today Better Payment Germany GmbH distinguishes itself from other payment providers by highly developed in-house products made in Germany, personalized services and our white label offer.
OUR MANAGEMENT TEAM
Better Payment Germany GmbH is made up of professionals who are passionate, energetic and driven to help your online business to become a global success. We have years of experience in Fintech and developing payment processing platforms for financial institutions, both nationally and internationally.
Björn BähreManaging Director
The last 12 years of Björn Bähre’s professional life have been dedicated to FinTech and online payment industry. Passionate to simplify online payments and to fill the industry gap, Björn Bähre founded Better Payment Germany GmbH in 2013. He has established a sound online payment business which is endorsed by reputable partners like GLS Bank, Deutsche Creditreform and Boniversum. Björn’s goal is to continue building Better Payment as the preferred online service provider for merchants and business partners.
Björn Bähre and Rik Zahradka have been working together on IT projects for 20 years and therefore have a very dynamic team.
Rik Zahradka has been an integral part of the company since October 2015 with the position of Chief Technology Officer (CTO). His responsibility for the technological infrastructure includes the following tasks: Application development, deployment, system, network and outsourcing management. He works closely with customers and partners to improve the payment gateway. Rik also assumes the role of Information Security Officer and ensures compliance with compliance and security standards.
Prior to this, Rik spent more than 10 years at Metaways Infosystems GmbH, where he was external technical director at Kraft Foods and Mondelez International, where he was responsible for all brand and company presences in web, mobile, eCommerce and CRM.
Jonas Busse RodriguesHead of Operations
AboutJonas Busse RodriguesJonas Busse Rodrigues has been part of the Better Payment team since summer 2014. In addition to organizing the processes as Operational Manager, he is responsible for product and account management. Before joining Better Payment, he earned a Bachelor’s degree in Industrial Engineering and is currently studying for a Master’s degree in Human Factors.
2013: 2013: The decision to develop a payment gateway with the existing team of ViVenue GmbH is made, which leads to the incorporation of Better Payment Germany GmbH. Until now ViVenue GmbH was a technical service provider in the IT and payment area without a proprietary payment gateway.
2014: One year after its incorporation, a new investor acquires shares in Better Payment Germany GmbH.
2015: In February Better Payment Germany GmbH presents its prototype and the first customers go live shortly after. Five months later, negotiations are already taking place with more interested parties who want to invest: one of them is the GLS bank from Bochum. Also in 2015, the product JetztZahlen is developed and rolled out.
2016: In February VercaCommerce Pay goes live as the first white label gateway user. Versa Commerce is a SaaS online shop platform provider that will become a strategic e-shop partner for Better Payment Germany GmbH. In May, the acquisition of 10% of Better Payment Shares by GLS Bank is official and the closing of Series A with all existing investors takes place: Two million euros raised. Shortly thereafter, Better Payment is the PCI DSS certified, which is a requirement for security and data protection in the processing of credit card payments. By the end of the year, cooperation with five more German Creditreform is achieved, which use the product JetztZahlen for their debt collection cases.
2017: Four major companies will become white label customers in 2017. The first one is Volksbank Raiffeisenbank Bad Kissingen. The Better Payment Gateway was confirmed to meet the regulatory requirements of German Volksbank covenant. Shortly after, another important white label partner is signed. This is the strategic debt collection & factoring partner Solvendi GmbH from Osnabrück. In this context, the development of the Risk & Decision Engine for fraud prevention and risk control is started. Another major white label customer is Corazon Communication Business Group GmbH & Co. KG, which itself acts as a payment service provider with www.einfachonlinezahlen.de. Furthermore, a promising white label partnership with Collect.ai, a company from the Otto Group, which uses the Better Payment Gateway to process various payment methods for its customers in debtor management, is emerging. Following the successful development of the Better Payment Risk & Decision Engine, the first Solvendi GmbH merchants go live in November.
2018: In May, Better Payment is able to win its first overseas white label partner, AWEC COMEX, based in Chile. In August the product JetztZahlen for the Deutsche Verrechnungsstelle (subsidiary of DVAG) is integrated into the SAP system in cooperation with EOS Köln/Mannheim. One month later, the online payment onboarding route for GLS Bank’s business customers goes live. The cooperation with Creditreform can be further expanded to more than 10 Creditreform entities in Germany.