With the vast moving pace of the digital payments’ scene, there is increasingly more talk about PSD2’s Open Banking and the possibility of a single contract that ensures all payments from various banks reach your clients effortlessly. Our financial systems have quickly evolved into online-driven becoming a largely consumer-centric environment.
Open Banking is a term in financial services referring to the use of APIs that enable third-party developers to build applications and services around the financial institution, enabling banks and PSPs (Payment Service Providers) to be more creative and flexible with the services they offer their consumers whilst saving them time and money. We at EveryPay have been ready for a while now and support open banking API-based payments across the Baltic region at SEB and LHV banks.
Innovative payment methods
EveryPay helps banks to be more agile and empowered in the world of dynamic digital payments. Our payment solution gives banks access to a state-of-the-art and continuously improving payment gateway platform with all the relevant tools to manage the acquiring side of eCommerce giving banks an opportunity to stay ahead of their competition.
The benefits are even greater
Other potential benefits of open banking are considerable, to say the least: improved customer experience, new and better revenue streams, increased transparency and security for customers, giving them greater control and understanding of their finances and banking data.
We are ready. Are you?
Now you only need one contract with one bank, so that payments from customers can be received to your account, regardless of their bank. With EveryPay you can expand your business and process cross-border payments quickly, easily, and cost-effectively.