Younium-FarPay Integration

Younium is excited to announce a new integration with FarPay, enabling support for local Danish payment methods. This partnership by allows seamless invoice management and direct debit payments through FarPay, including integration with Leverandørservice and other payment providers. Here’s everything you need to know about the integration, how it works, and how to get started.

What is the Younium-FarPay Integration?

The integration allows Younium users to submit invoices directly to the FarPay platform. FarPay then handles payment processing through its connections to local Danish payment methods. Businesses using this integration will need their own agreement with FarPay to determine pricing for various payment methods.

This setup ensures efficient and automated payment workflows, saving time and minimizing manual intervention.

How Does the Integration Work?

The Younium-FarPay integration simplifies direct debit payments in three steps:

• Syncing Customer Accounts: Customers must be linked to FarPay before using direct debit.
• Syncing Invoices for Payment: Invoices for active accounts are automatically sent to FarPay.
• Tracking Paid Invoices: Payments are processed on the due date, and Younium updates invoice statuses accordingly.

Our partnership with Younium is about simplifying payments for Danish businesses. By combining Younium’s subscription management with FarPay’s local payment expertise, we’re creating a seamless, automated experience that saves time and lets businesses focus on growth. I’m proud of what we’ve built together to make financial workflows smarter and more efficient.  Rasmus Overbeck Christensen, CEO of FarPay

Migrating Existing Direct Debit Mandates

If your business has been using another provider for direct debit payments, FarPay can help transfer your existing mandates during onboarding. This ensures a smooth transition without requiring customers to re-register.

Getting Started

1. Set Up Your FarPay Agreement: Ensure you have an active agreement with FarPay to define pricing and terms.
2. Sync Customer Accounts: Use the “FarPay status” field in Younium to enable direct debit payments.
3. Post Invoices: Invoices for active customers are automatically sent to FarPay for payment.
4. Track Payments: Younium keeps you updated with real-time invoice and payment statuses.

Why Use the Younium-FarPay Integration?

• Automated Payments: Reduce manual work with direct invoice syncing.

• Local Payment Support: Accept Danish payment methods with ease.

• Real-Time Updates: Get instant notifications on payment status.

• Easy Migration: Transfer existing mandates without disruption.