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Digiteal: European Payment and e-Invoicing platform

Objective

Digiteal is a payment and e-invoices management platform that works in synergy with the Digital Single Market policy. We will support standardization and enable payment in and between all countries of the SEPA zone. Our payment platform gives value to companies within the European Union and to customers by cutting those interoperability transaction costs within the EU and giving EU citizens a complete control of their SEPA mandates.
Digiteal aims to reduce the huge dependencies on US online payment services. On the other hand, Digiteal is unique offering a SEPA domiciliation management platform for end-users. Users will be able to manage the bills of all the companies using a unique domiciliation platform.
Our innovation is to apply the same principle to e-Invoicing.
Our clients are B2C European companies that issue high volume of invoices in paper. We offer an intuitive platform to manage their invoices and reducing the operating costs. Our end users will be able to manage and pay their mandates and invoices for free.
During the feasibility assessment in phase I we will study how to develop our SDD payment functionality, study the integrations with European document service providers and detail an International commercialization and Business plan. Also, a Freedom to operate analysis will be performed.
Digiteal is a new way of managing invoices and making the SDD payment using disruptive technologies breaking the cross-border limitations within the European countries and our solution will reduce the actual European huge USA dependencies on online payment services. Digiteal will improve the competitiveness of the European companies. We will seize the opportunity brought by the need of modernization of the European unified marketplace, identified by the top priority need of creating a Digital Single Market Strategy within the European Agenda.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

DIGITEAL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
RUE EMILE FRANCQUI 6
1435 MONT-SAINT-GUIBERT
Belgium

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Région wallonne Prov. Brabant Wallon Arr. Nivelles
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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