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Reseller of card payment service - 1997
Founded in 1997 in Sweden, Netgiro was the exclusive sales agent in Scandinavia for Paribas, one of France's largest banks, and their credit card clearing platform. |
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Proprietary processing platform - 2000
Netgiro's founders realized early on the importance of being independent from banks in order to efficiently control the critical aspects of operations. Netgiro's own processing platform became operational in the second quarter of 2000. |
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Administrative cash management processes – 2001
As customer volumes rose and the market matured, the need for smart administrative follow-up processes became increasingly apparent. In 2001, Netgiro launched a system offering a series of advanced functions for automatic reconciliation, reporting and follow-up of payment flow. The system becomes the basis for Netgiro's Processing+ service. |
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Local payment methods – 2003
With increased volumes came rising demand for local card payments and alternative payment methods. Netgiro expanded its platform and its partner network to consolidate the various administrative processes. |
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