{"id":4137,"date":"2021-12-02T11:47:20","date_gmt":"2021-12-02T10:47:20","guid":{"rendered":"https:\/\/gini.net\/?p=4137"},"modified":"2024-02-22T14:19:15","modified_gmt":"2024-02-22T13:19:15","slug":"gini-records-more-than-5-million-photo-payments-in-one-month","status":"publish","type":"post","link":"https:\/\/gini.net\/en\/press-releases\/gini-records-more-than-5-million-photo-payments-in-one-month\/","title":{"rendered":"Gini records more than 5 million photo payments in one month"},"content":{"rendered":"<p><strong>Munich, 2 December 2021<\/strong> \u2013 Gini, the leading company for data extraction from documents, registered 5,038,869 photo payments via its well-known and smart Photo Payment in November, across all banking institutes. It\u2019s the first time that the company recorded more than five million payments within one month.<br \/>\nGini Pay Photo Payment is using artificial intelligence and has been developed by the company itself. Available since 2013, it is integrated into the most important German consumer banks and enables users to transfer money quickly and easily.<\/p>\n<h2><strong>Online boom increases use of photo payments<\/strong><\/h2>\n<p>The online boom triggered by the Corona pandemic is also evident at Gini and boosted the number of photo payments: Since the beginning of 2020, the monthly usage has increased by 128 percent. On average, each user makes 2.2 photo payments per month. The usage has a positive effect on customer loyalty to the banking app and thus on the bank itself. \u201cWe anticipate a continued strong increase in the usage figures of our photo payment and expect a continuous annual growth rate of 65 percent,\u201d said Holger Teske, co-founder and CEO of Gini GmbH.<\/p>\n<h2>Simple and fast application<\/h2>\n<p>Whether it\u2019s through a photo, via QR code, or direct sharing of a digital document with the banking app, the Gini Pay Photo Payment extracts the relevant payment information such as IBAN, sums are being extracted from the document, and the form fills automatically. Users only have to release the transfer \u2013 tedious and time-consuming typing of data is no longer necessary.<\/p>\n<p>The Gini Pay Photo Payment convinces leading German banks: it delivers very high extraction quality, speed, and security, and is therefore used by more and more bank customers. Gini is subject to the strictest data protection requirements and certified according to ISO 27001. In the summer, the company also received the certifications Software Hosted in Germany and Software Made in Germany, awarded by the Bundesverband IT-Mittelstand e.V. (Federal Association of IT Mittelstand). Among others, they prove the security and user-friendliness of the solutions.<\/p>\n<p>\u201cReaching the milestone of five million photo payments in one month makes us very proud,\u201c said Teske. \u201cThis high number proves that our product is more than appreciated by many users because of its reliability. We make everyday life easier for many people with the photo payment \u2013 which is in line with our vision.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gini photo payment has registered 5,038,869 transfers across all banking institutes in November, hitting more than five million within one month for the first time. <\/p>\n","protected":false},"author":6,"featured_media":4141,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[32],"tags":[],"class_list":["post-4137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pressreleases"],"_links":{"self":[{"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/posts\/4137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/comments?post=4137"}],"version-history":[{"count":1,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/posts\/4137\/revisions"}],"predecessor-version":[{"id":4143,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/posts\/4137\/revisions\/4143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/media\/4141"}],"wp:attachment":[{"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/media?parent=4137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/categories?post=4137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gini.net\/en\/wp-json\/wp\/v2\/tags?post=4137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}