"Markus Best’s task together with his team was to bring PAYCY to market maturity. With the successful first processing of a payment initiated via Request to Pay in December 2023, we have reached this milestone," says Dr Thorsten Völkel, CEO of PPI AG. Following the transition to regular operations, Markus Best is now handing over the CEO position to his successors Bettina Rose and Torben Kelbch.

Bettina Rose is Head of Market Strategy and Market Portfolio Payments at PPI. In addition, as Chief Platform Officer, she is already part of PAYCY’s management team and, together with Markus Best, has played a key role in its development.

Torben Kelbch is the Managing Director of PPI FS, a subsidiary of PPI AG. As a managed services provider, the company offers its customers, among other things, the technical operation of PPI applications and third-party software in the cloud. This also includes the technical processing of the Request to Pay platform PAYCY.

Both will fulfil their new roles parallel to their previous functions at PPI AG. In this way, the requirements of the Request to Pay subsidiary are to be optimally anchored in the parent company. "I am delighted that we have been able to recruit Bettina Rose and Torben Kelbch, two experienced managers and proven experts in the field of Request to Pay, as Managing Directors of PAYCY. Together with their team, they will drive PAYCY’s continued growth and ensure that even more financial institutions across Europe join the platform," says Dr Völkel.

PAYCY is a white-label payments platform. Financial institutions connected to the platform can offer their customers value-added services around fully automated billing processes. PAYCY generates a payment request directly from the invoice using the Request to Pay procedure and delivers it via the creditor’s bank. The invoice recipients, in turn, can pay the receivable with just a single authorisation. The invoice is permanently linked to the payment; this creates transparency on how much was paid when and for what.