Banqup, the leading platform for digital business transactions, is proud to announce the extension of its partnership with Jumbo, a leading supermarket chain in the Netherlands and Belgium, for another three years.

Since 2017, Jumbo has relied on Banqup’s payment infrastructure to manage and streamline all its national and international payments. This includes supplier payments, treasury transactions, and salary disbursements for the entire Jumbo Group. In addition, Banqup handles the processing of direct debit (SDD) collections, ensuring a unified and efficient receivables process.

By centralizing all bank accounts and banking relationships within a single, secure platform, Banqup enables Jumbo to execute its complex financial operations with greater efficiency and control. The platform is tightly integrated with Jumbo’s ERP system (SAP), ensuring end-to-end automation from initiation to reconciliation.

“Our continued partnership with Banqup confirms the value of a reliable and efficient payment infrastructure. With all our banks and payment processes centralized in one platform, we avoid the hassle of managing multiple banking portals and authentication tokens. This setup supports both operational efficiency and security — exactly what we need to run a business at scale.”

Jan Pater, Service Delivery Manager at Jumbo.

Banqup’s trusted technology helps organizations like Jumbo reduce complexity in financial operations, enabling focus on strategic growth and operational excellence.

About Koninklijke Jumbo Food Groep bv

Jumbo is a Brabant-based family business with a rich history. Founded in 1921 as a grocery wholesaler, Jumbo has experienced impressive growth. It is now the second-largest supermarket chain in the Netherlands. Jumbo welcomes millions of customers every week in more than 725 stores and online via Jumbo.com and the Jumbo app. Since 2019, Jumbo has also been active in Belgium, where it now has nearly forty stores. In all its stores and online, Jumbo stands for low prices, a high-quality selection, and service with a smile. Customers can rely on the well-known 7 Guarantees.

About Banqup

Banqup is a leading digital platform that simplifies business transactions for companies of all sizes. From e-invoicing and payments to identity verification and data integration, Banqup provides a unified solution to manage financial and administrative workflows. Trusted by businesses across Europe, Banqup enables seamless compliance, secure connectivity, and efficient collaboration between customers, suppliers, and financial institutions.

Contact

Jumbo Jan Pater - Service Delivery Manager Technology & Data jan.pater@jumbo.com
Banqup Hans De Wit - Business Development Manager hans.dewit@banqup.com