Frequently asked questions

Opyn Pay Later is a solution intended for companies operating in any commodity-producing industry that want to offer flexible, interest-free payments to their business customers for both online and in-store sales.

Opyn Pay Later is the perfect service for you if your business:

  • has B2B customers, so if you sell to other companies
  • has an annual turnover of more than 1.500.000€
  • operates in an industry other than tourism, tobacco, weapons, lotteries and distilleries.

To request service activation, just fill out the Request information form and one of our consultants will be in touch as soon as possible to give you an introduction to Opyn Pay Later and, if you are interested, go on to the next steps.

To find out the cost of the service, fill out the Request information form and one of our consultants will contact you as soon as possible to give you an introduction to Opyn Pay Later and its costs.

Yes, Opyn Pay Later can be configured to suit any sales channel thanks to a plugin that allows customization.

Available for integration into custom solutions and major CMSs.

Yes, Opyn Pay Later's payment link makes it suitable for any sales channel. It can be used for in-store sales, with a multi-user version also available for sales teams.

Opyn Pay Later is a buy now, pay later solution for companies with other businesses as customers. What it can be used for: offering flexible payment options to other companies. What it can't be used for: end consumers and freelancers.

With Opyn Pay Later you can create payment links by choosing the number, amount and due date of each individual instalment to meet the specific needs of each individual sale. The e-commerce solution also allows for payment options available at the checkout to be customized. For more information, fill out the Request information form and one of our experts will be in touch shortly.

Your customers will be able to pay with credit cards, debit cards, and direct debit to bank accounts, giving them maximum flexibility and security. For more information, fill out the Request information form and one of our experts will be in touch shortly.

Opyn Pay Later is available for all industries except for those related to tobacco, weapons, tourism, travel agencies, distilleries, and all industries not operated in by our partner, Stripe.

Opyn Pay Later is for Italian companies with client companies based throughout Europe, except Switzerland and the UK.

Opyn Universe is Opyn's proprietary platform, at the heart of our digital financial services. Opyn Universe lets us provide banking as a service: our software allows our customers to leverage innovative financial services that do not require a banking license. Our platform is based on a high-performance database capable of automating a large number of processes, depending on which financial service has been configured. This means that human operators can focus on the tasks they are truly needed for. In fact, time is a determining factor, and asynchronous services mean that timely responses are guaranteed. Using web services and APIs, it has become possible to integrate a great many external sources in a fast and agile way.

Credit analysis is a process managed symbiotically between operators and the system. Working together like this covers both the standard checks required by credit policy and specific checks required by internal analysts. So, this system's flexibility makes it adaptable to a large number of financial products. For more information, fill out the Request information form and one of our experts will contact you shortly.

Current account analysis is a standout feature of our credit assessment process and is regulated by PSD2. This was developed internally to help our analysts fully understand the state of the company and go further than traditional financial statements allow. The system is based on artificial intelligence and machine learning, which give it the ability to label and create clusters of all account movements (such as receipts from customers, vendor payments, etc.) automatically. This allows us to manage multiple bank accounts and provide a specific machine learning solution for major Italian banks. We use labels and clusters to classify movements for multiple purposes, including:
- Cash-flow assessment with the Financial Statement, calculated using the direct method.
- Extracting evidence and anomalies from account movements that may predict SME default probabilities. Our system instantly informs us about salaries, taxes, receivable and payable accounts, customer portfolio concentration, etc.

When an instalment is not paid by the due date, the case is assigned to the dedicated collections workflow. At this stage we undertake a series of actions, including reminders, emails, and phone calls. All this happens automatically, so we can handle a large number of files simultaneously. 

Our platform facilitates reporting to your accountant and to tax authorities using structured data flows that are easy to integrate with third-party vendors. Most data flows are supported by the SQL stored procedure: this way, flows can be modified without needing to wait for the entire app to go live. Each flow is achieved by combining web work (C #) and T-SQL language to optimize extraction performance, for example, by using temporary sets of results such as CTEs or temporary tables.