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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Ecommpay announces partnership with Nuapay 2 hours ago Source: ECOMMPAY International payment service provider and direct bank card acquirer, ECOMMPAY, today announced it is partnering with open banking solutions provider, Nuapay, to enable better payouts to EU and UK bank accounts, and access to SEPA the Single Euro Payments Area an EU initiative to improve payments across the Eurozone. Using Nuapay, ECOMMPAY will allow merchants with access to have a pre-funded (EU and GBP currencies) sub-account under ECOMMPAY, meaning the end-user customer can clearly identify the merchant when receiving funds from a payout or refund. The feature will consolidate multiple payment methods to make reconciliation processes easier and faster for the merchant, and will minimise ban ....
Ecommpay partners with Nuapay Tuesday 27 April 2021 12:31 CET | News PSP and direct bank card acquirer, ECOMMPAY, has announced it is partnering with Open Banking solutions provider, Nuapay, according to the official press release. The partnership seeks to enable better payouts to EU and UK bank accounts, and access to SEPA the Single Euro Payments Area an EU initiative to improve payments across the Eurozone. Using Nuapay, ECOMMPAY will allow merchants with access to have a pre-funded (EU and GBP currencies) sub-account under ECOMMPAY, meaning the end-user customer can clearly identify the merchant when receiving funds from a payout or refund. The feature will consolidate multiple payment methods to make reconciliation processes easier and faster for the merchant, and will minimise bank charges by pooling multiple fund settlements into one daily transfer to the merchant; maximising their profits and enabling better control of their funds. The solution is ful ....