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Throw the card in the bin – mobile payments with open banking

Throw the card in the bin – mobile payments with open banking

Nowadays everything seems possible with technology.  Innovation has opened up a digital age and things like carrying around a wallet full of cards are becoming a thing of the past. As tangible wallets inch closer to ‘old fashion’, mobile payment solutions are becoming more common. 

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Nuapay and Felloh! team up to slash the cost of processing charitable donations by 50%

Nuapay and Felloh! team up to slash the cost of processing charitable donations by 50%

17.06.20 – Today, open banking pioneer Nuapay, a Sentential company, announces its partnership with Felloh!, UK-based startup with a mission to transfer £1bn in reduced payment processing costs to donations for charities and social enterprises. The partnership enables social enterprise Felloh! to premier its open banking payments button. The new solution will enable consumers to effortlessly donate to charities, with over 50% of beta testers finding it easier to use than PayPal.

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SCA – can I make the problem go away?

SCA – can I make the problem go away?

Strong Customer Authentication (or SCA as it is known) was introduced as part of the European PSD2 regulations.  The card schemes are implementing SCA with upgrades to their 3DS payment solutions.  The problem with this is that it requires additional implementation effort for most merchants and, as with everything to do with the card schemes, additional costs.

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The powers of Open Banking for refunds and pay-outs

The powers of Open Banking for refunds and pay-outs

The benefits of Open Banking as a payment (pay-in) mechanism have been well spoken about – it provides merchants with a fast, secure and cost-effective option to accept funds from customers. Less well spoken is the potential for Open Banking to power outgoing payments – whether that be simple refunds to customers (e.g. in eCommerce),…

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Open Banking used for safe, secure and instant charity donations

Open Banking used for safe, secure and instant charity donations

Through our partnership with the innovative technology company Thyngs, we are making Open Banking more widely available, while helping charities to increase their non-cash donations. Last week, Nuapay announced its partnership with mobile technology platform,

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Sibos 2019: an exciting shift in dialogue around Open Banking

Sibos 2019: an exciting shift in dialogue around Open Banking

Nuapay is delighted to have attended the annual Sibos conference and exhibition in London. This year, the theme of the conference was “Thriving in a hyper connected world.” It demonstrated a specific focus on the capabilities of financial service providers to sustain an agile business strategy in this advancing world of tech payments. Much of…

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