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OPEN BANKING FOR MERCHANTS
Open banking simply means that banks will share customers' financial information electronically and securely with trusted third parties when the account holder agrees. This will allow consumers to use their banking applications to make verified payments directly to merchants in real time.
To date, much of the discussion about Open Banking is focused on the benefits of information account services for consumers, third parties and banks. Account information services provide the user with a consolidated view of all their financial products.
HOW OUR SOFTWARE TERMINAL WORKS
Transactions between two peers - P2P payments
Account - to - account transactions
Supports all types of national and international transactions
Instant payments
Biometric authentication
Payments in a physical location, e-commerce and mobile applications
Initiation and approval of payments from the buyer's account to the merchant's account
Offline payments by QR code support
BENEFITS FOR THE MERCHANT
Reduced costs
Seеmless integration
Real-time payments
Reduced online fraud
Fully digital experience
Direct checkout
Improved reporting
No fees for unsuccessful and failed transactions
BENEFITS FOR THE END CUSTOMER
Secure cashless digital payments
No new accounts are disclosed
All in one solution
Easy personal finance management
Improved digital experience
Enhanced transaction security
Loyalty programs
P2P payments between digital wallets
REQUEST A DEMO
Find out more about our software and check the full capacity of its capabilities.
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