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Nuapay Expands Its Open Banking Platform Across Italy and Germany


Nuapay Expands Its Open Banking Platform Across Italy and Germany
Open Banking , Banking
10:28 am
Open Banking pioneer, Nuapay, powered by Sentenial, today announces it is extending its open banking payment capabilities to German and Italian banks. Nuapay’s expansion will enable German and Italian partners to offer open banking payment solutions, powering seamless account-2-account payments for their customers. 
This rollout connects 308 banks in Italy and 435 banks in Germany to Nuapay’s Open Banking platform, connecting 134 million European accounts and reaching 98% and 70% of payers in each country. This adds to Nuapay’s existing open banking connections in the UK and France, covering more than 90% of payers in those markets. In coming months, Nuapay’s payment integrations will be extended to other European markets, including Spain, making it one of Europe’s leading open banking payment platforms.  ....

United Kingdom , Nick Raper , Eu Payment Institution , Payment Service Providers Psps , Open Banking , Merchant Payments , Merchant Payments Ecosystem , Nuapay Open Banking , Payment Service Providers , ஒன்றுபட்டது கிஂக்டம் , நிக் கற்பழிப்பு , யூ கட்டணம் நிறுவனம் , திறந்த வங்கி , வணிகர் கொடுப்பனவுகள் , வணிகர் கொடுப்பனவுகள் சுற்றுச்சூழல் அமைப்பு , கட்டணம் சேவை வழங்குநர்கள் ,

Pull payments made on behalf of merchants: Acquirer banks should not push consumers to pay for services


Pull payments made on behalf of merchants: Acquirer banks should not push consumers to pay for services
December 10, 2020
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The Reserve Bank of India (RBI) needs to move towards creating an environment whereby for pull payments effected on behalf of merchants, the acquirer banks/Payment Aggregators (PAs) are not allowed to push consumers to pay for a payment service, according to a study by an IIT Professor.
Pull payments entail a recipient (for example a merchant) requesting payment. Ashish Das, Professor, Department of Mathematics, IIT-Bombay, in his study, ‘Charging Consumers for Merchant Payments’, emphasised that consumers have a relationship only with the core merchant and the issuer bank (that issues cards). ....

Aashish Das , Protection Department , Department Of Mathematics , Reserve Bank , Payment Aggregators , Charging Consumers , Merchant Payments , Payment Gateways , Unified Payments Interface , ஆஷிஷ் தாஸ் , ப்ரொடெக்ஶந் துறை , துறை ஆஃப் கணிதம் , இருப்பு வங்கி , கட்டணம் வசூலிக்கிறது நுகர்வோர் , வணிகர் கொடுப்பனவுகள் , கட்டணம் நுழைவாயில்கள் , ஒருங்கிணைந்த கொடுப்பனவுகள் இடைமுகம் ,