on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Initiates In-House Payment Solution
The Platform Group AG, a prominent software firm in platform solutions, has unveiled plans for its own payment solution, TPG Pay, during its Capital Markets Day. The move aims to enhance transaction experiences by integrating seamless payment methods across its 30 platforms while boosting conversion rates and customer retention, including a new buy-now-pay-later option.
According to COO Christoph Wilhelmy, discussions with existing partners highlighted the need for improved payment methods, leading to this strategic initiative. TPG's software team is expected to complete the project by Q3 2025. Member of the Board, Laura Vogelsang, emphasized the shift towards external B2B services following successful internal implementations like at fashionette.
This development marks a significant step for The Platform Group AG, a company with wide-ranging sector involvement and impressive financial achievements in 2024.
R. P.
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