Yaspa uses open banking to provide payment and verification services. We offer businesses a completely managed payment processing solution, which also includes point-of-sale payment collection via QR codes and links to collect money.
Yaspa is a cardless payment service, that significantly improves the speed of payment and settlement, and removes the risk of fraud that comes with bank cards. Instead, through open banking, the customer authenticates their payment to the customer via their bank’s mobile app or website. Payment takes just seconds and settles instantly. No additional cards, codes or apps are required - just the ability to bank online.
At this stage, we suggest that you try our payment processing yourself using the links below:
Open banking payments are:
- Secure. Customers authorise their payments via their bank’s own secure authentication systems (e.g. fingerprints or Face ID).
- Easy. Payments take seconds, up to 36x faster than cards.
- Cost-effective. With fewer intermediaries than card processing, charges and delays are reduced; and the risk of chargebacks is removed.
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To talk to us about integrating open banking payments into your business, contact us today.