FarPay is a strong brand in the Danish market for automating the entire accounts receivable process. With the rise of digital payment solutions such as MobilePay and online card payments, businesses can improve their customers’ payment experience and streamline the entire invoice-to-cash cycle. FarPay provides an all-in-one solution that streamlines accounts receivable management, ensuring faster payments, improved liquidity and minimized outstanding balances and losses.
“Our solution serves as an extension of financial management systems. Payments are processed faster, more efficiently, and through the payment method that best suits the customer. With FarPay, businesses can issue invoices, facilitate payments, send automatic reminders and dunning notices, and reconcile accounts. We ensure seamless integration with all major payment methods - including card payments and digital wallets via Quickpay,” says Rasmus Overbeck Christensen, CEO of FarPay ApS.
FarPay serves over 1,500 businesses across Denmark, the Faroe Islands, and Greenland. Its SaaS solution integrates seamlessly with leading financial systems, including e-conomic, Microsoft Business Central, and Zenegy Numbers. Its clientele ranges from small, owner-operated businesses to large corporations, municipalities, and professional organizations.
FarPay’s Requirements
When selecting a payment partner, the decision was clear:
“This is mission-critical infrastructure for us because fast and efficient payments are what our customers depend on. In addition to automated collections via Betalingsservice (direct debit), Leverandørservice (business direct debit), and account-to-account transfers, we needed a stable and flexible solution that could handle fast digital payments with Dankort, VISA, and Mastercard - without requiring us to establish agreements with each provider individually. Our payment gateway partner had to be the best in the market, offering the widest range of payment options. Quickpay was the natural choice,” explains Rasmus Overbeck Christensen.
The advantages of Quickpay
“Quickpay is an essential part of our payment engine. As a payment gateway, it provides us with a secure and scalable platform, ensuring our customers a seamless invoicing and payment experience. With just one integration, we can access multiple payment solutions, significantly simplifying our operations,” says Rasmus Overbeck Christensen.
Another key benefit is Quickpay’s fast and efficient support for its partners.
“Strategically, we are fully aligned on our direction, and the partnership also runs smoothly on an operational level. We have direct access to Quickpay’s experts, allowing us to respond quickly to our customers’ needs. The support team is not just available—they are proactive and deeply invested in our success. With Quickpay, we know we have reliable support no matter what,” he adds.
Results with Quickpay
With Quickpay as a strategic partner, FarPay has optimized the payment flow for its customers, leading to faster payments and improved liquidity.
“Liquidity is essential for business growth, and Quickpay ensures that our customers don’t have to wait unnecessarily for their payments. This allows them to reinvest in their businesses more effectively,” says Rasmus Overbeck Christensen.
Looking ahead, FarPay has ambitious expansion plans. With a three-year hyper-growth strategy, the company aims to strengthen its presence in Denmark, Greenland, and the Faroe Islands before expanding into new markets.
“Our partnership with Quickpay is set to continue. We are scaling up, and we will do so in close collaboration with Quickpay,” he concludes.
