Open Banking Solutions by ECOMMPAY
Use our Open Banking API to accept payments via thousands of banks effortlessly anywhere in Europe. Enrich customer experience and create financial transparency for your customers with our 2 payment solutions.
Use our Open Banking API to accept payments via thousands of banks effortlessly anywhere in Europe. Enrich customer experience and create financial transparency for your customers with our 2 payment solutions.
Open Banking is an innovative financial technology that enables third-party providers to access banks’ data to build custom services.
Choose from our 2 unique solutions – Open Banking Account-2-Account and Open Banking Advanced which gives an opportunity to make refunds and payouts to your customers via Merchant Dashboard, as well as it includes deposit confirmation.
| Features | | |
|---|---|---|
| Pay-in |  | |
| Pay-out |  | |
| Dedicated sub-account | | |
| Funds aggregation | | |
| Deposit confirmation | | |
| Automatic reconciliation | | |
Retail, travel, hospitality, SaaS, digital platforms, e-learning, transportation, telecommunication, and others.
Get in touch and let our experts provide you with the insights you need for the future of payments
Understanding the benefits for both you and your customers is vital to get the most from Open Banking. With 77.7% of the European population owning a bank account, the advantages to Open Banking are numerous for both parties.
Here are some of the key benefits for both merchants and customers.
Open Banking allows approved third-party providers (TPPs) to access financial information directly to provide payment initiation through API connections.
Open Banking leap forwards from a technical and security standpoint. PSD2 introduces mandatory Strong Customer Authentication (SCA), meaning individuals and businesses can only access their data through secure online gateways.
Lowered transaction costs, reduced chargebacks and instant money receiving on business account.
We are constantly adding new countries and planning to cover all of Europe.
100+ payment methods. We integrate new ways to pay regularly, assisting clients to enter new markets.
We have several data centres, enabling us to guarantee a 99.99% uptime for our payment infrastructure.
Advanced anti-fraud, payment links, smart cascading and routing, and many more.
Products and solutions are tailored to individual client requirements, making sure they get exactly the right payment platforms for their business.
Receive regular & relevant advice on optimising your business operations. Every business enjoys an individual approach and special attention from a dedicated account manager.
ECOMMPAY provides us with a bespoke technical and financial solution, supporting us in growing our business and managing our account using a dedicated individual approach.
ECOMMPAY is a reliable partner with whom we work in Asia and Europe. The company possesses unique experience and knowledge of all the intricacies of working with acquiring banks, and local payment systems. There is always a quick response from the team to any of our requests, including payment solutions and technologies testing, which is one of the main areas of our business success.
Head of Division, Payment Systems Group, Softline eCommerce
ECOMMPAY Group companies offer payment services and direct acquiring internationally under the licenses of the Financial Conduct Authority of the United Kingdom (FCA) - ECOMMPAY LIMITED, and the Central Bank of Cyprus - ECOMMBX LIMITED. The services are provided by the relevant ECOMMPAY Group company depending on your region.
