Learn more about open banking, explore use cases, and stay up-to-date on industry and company news…all in one place
Open banking is transforming the payment landscape for consumers and businesses. But how do Payment Service Providers, the key players in payment processing, benefit?
In the digital payments landscape, open banking and card payments often get compared. While open banking won’t replace everything about card payments, it can certainly improve its inefficiencies. We explore how in this article.
Open banking has multiple payment types… and they each serve a different purpose. This guide will help you evaluate and choose the right ones for your company.
With Faster Payments, you can now send up to £1 million, an increase from the previous cap of £250,000. The change might not have made much noise, but it’s big news for businesses and consumers. The question is, what impact will it have on open banking payment use cases?
Depending on the payment method, merchants have to pay between 2% and 8% of every sale to card, e-wallet and BNPL facilitators — costs that are ultimately paid by consumers in higher prices. Volume is on a mission to change that…through the power of open banking.
In a world where demand regularly outweighs supply, business owners are under ever-increasing pressure to make sure they can own their zone in the supply chain, and weather the current financial storms. Ordo’s on a mission to change this.
A new EU proposal will make it mandatory for banks across the continent to offer instant payments. Learn more about this alternative payment method and what it means for both businesses and consumers.
Across Europe, SMEs represent around 99.9% of the 5.6million businesses, three-fifths of private-sector employment, and around half of the turnover in the industry, yet they are still underserved when it comes to a convenient and cost-effective payment system.
From human error to the hidden cost of failed transactions, direct debits, standing orders, and card-on-file payments are a headache for consumers and businesses alike. To make their lives easier, we have teamed up with NatWest Group to deliver a more convenient payment option: Variable Recurring Payments.
Account-to-account payments in the physical world. Charity donations without fees. Cashback (yes, real cash) on purchases. All of this is made possible with QR codes and open banking. Read on to learn more about this unlikely friendship.