
Use cases
Businesses we serve
Expand your service offering without increasing internal and operation staff or investing in additional in-house infrastructure.
All COMO solutions are available in white label.
Payment Service Provider (PSP)
A PSP used to collect money from online buyers and then redistribute the complex commission percentage of the online sellers, payment gateway, acquirer, etc.​​​​​​​​​​​​​​​​​​​​ This process can be very time-consuming and generate many reconciliation errors that made the PSP lose money.
Challenges
Redistributing money
Low efficiency in generating invoices and statements
Reconciliation errors
Solution
PayOut automation and multi-currency IBAN account
COMO Digital Life automated PayOut instructions and manage 25+ currencies through one IBAN
Gain in efficiency
Invoices and payment settlements in minutes instead of weeks or months with less man-power
Error-free and automated process
Automatic reconciliation eliminates manual error and saves money-leaking issues. COMO Digital Life generates savings and makes the payment process profitable again.




Merchant
A cosmetic retailer desired to expand its e-commerce overseas without hiring more human resources. The current payment provider has limited foreign currency support, alternative payment methods, and reconciliation.
As internal sales increases, an operational bottleneck arose in the financial department (manual reconciliation, chargeback/refund management).
Challenges
Limited global support and alternative payment methods
Low operational efficiency
Complexity in managing FX PayOuts
Solution
Global coverage
COMO Digital Life offers worldwide coverage, 450+ local payment methods in 180 countries
Automated AR/AP management
Automated reconciliation, generating invoices and statements, synchronizing of account receivable/payable and generating PayOut instructions
Big savings on FX
iBAN-X by COMO offering multi-currency IBANs the PayOuts for merchants becomes local




Marketplace
The client had the ambition to expand overseas, requiring the ability to offer different local payment methods in multiple countries, as well as the ability to comply with local and global regulations, taxes, and accounting standards.​
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They wanted to minimize the number of integrations with various payment providers, payment splitting and reconciliation with all parties involved in the different countries.​
Challenges
Too many integrations
Management of payment splitting, account receivable and payable synchronization, and PayOut instructions
Low operational efficiency
Solution
Single platform solution
Ability to offer +450 payment methods in +180 countries through a single platform
Automatic AR/AP management
COMO Digital Life offers automated splitting & reconciling of all payments for all involved parties
Increase operational efficiency
COMO Digital Life increases speed to market and expansion, generated savings, and financial data visibility for the client




Corporate
A global operating consumer services company with a European headquarter and franchisees worldwide that connects users to franchisees providing their services.
On one side, the company wants to collect payments from users via their app. On the other side, the company needs to keep the countries’ funds to pay the franchisees locally. Funds need to be transferred abroad and to the headquarters.
Challenges
Difficulty in collecting and settling both globally and locally
Setting up different bank accounts for all currencies needed and managing FX
Solution
Single platform solution
Minimizing the need for multiple integrations and COMO Digital Life's ability to offer +450 payment methods in 180+ countries through a single platform
One IBAN with 25+ currencies
COMO Digital Life supports bulk PayOuts


