Secure your contact center remote payment processes
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DNA Payments Group Announces the Launch of Open Banking Payments
The partnership will bring Ecospend s Open Banking innovative payments service to DNA Payments Group portfolio of 30,000 merchants. Sitting alongside their existing suite of products, this latest solution will offer a new alternative way for merchants to accept payments.
Nurlan Zhagiparov, Director of DNA Payments said: Ecospend s technology gives us the perfect opportunity to deliver the latest payments technology in the market. This latest solution underscores DNA s commitment to innovative thinking and responding to the needs of the market. The partnership with Ecospend will enable our clients to offer an additional cost effective and secure payment solution via Open Banking Payments. After extensively reviewing the market, we found that Ecospend s technology and reach are unrivalled, and we are delighted to announce this partnership.
Beam and Nuapay Partner on Ecommerce Payments for WooCommerce users
Payment solutions provider
Nuapay has partnered with Beam to provide open banking payments to its clients on WooCommerce. Nuapay reports that after a successful pilot, the Beam service is available now to almost 100,000 websites using WooCommerce to sell goods and services in the UK.
Nuapay notes that the service arrives a month after the
Open Banking Implementation Entity (OBIE) published research showing that 50% of the UK’s small business community are utilizing the services offered by open banking providers. The Beam service will bring the benefits of open banking enabling SMEs to receive funds instantly through open banking payments, helping to address cash flow challenges. Beam can allow merchants to access instant payments, instant refunds, recurring payments, and installment plans. Beam says it will save UK businesses £1 million in card processing fees over the next 2 years.