--- title: Understanding the benefits of Yaspa description: 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. --- [Skip to content](https://support.yaspa.com/understanding-the-benefits-of-yaspa#main-content) - [English](https://support.yaspa.com/understanding-the-benefits-of-yaspa) - [Deutsch](https://support.yaspa.com/de/die-vorteile-von-yaspa-verstehen) - [Español](https://support.yaspa.com/es/comprendiendo-los-beneficios-de-yaspa) - [Français](https://support.yaspa.com/fr/comprendre-les-avantages-de-yaspa) - [Italiano](https://support.yaspa.com/it/comprendere-i-vantaggi-di-yaspa) - [Nederlands](https://support.yaspa.com/nl/de-voordelen-van-yaspa-begrijpen) English Show submenu for translations [![yaspa logo text](https://support.yaspa.com/hs-fs/hubfs/hubspot-yaspa-logo.png?width=150&height=67&name=hubspot-yaspa-logo.png)](https://support.yaspa.com/) - [Home](https://support.yaspa.com/) - [About](https://www.yaspa.com/about/) - [Blog](https://www.yaspa.com/blog/) - [Contact](https://www.yaspa.com/contact/) Open main navigation Close main navigation - [Home](https://support.yaspa.com/) - [About](https://www.yaspa.com/about/) - [Blog](https://www.yaspa.com/blog/) - [Contact](https://www.yaspa.com/contact/) - - [English](https://support.yaspa.com/understanding-the-benefits-of-yaspa) - [Deutsch](https://support.yaspa.com/de/die-vorteile-von-yaspa-verstehen) - [Español](https://support.yaspa.com/es/comprendiendo-los-beneficios-de-yaspa) - [Français](https://support.yaspa.com/fr/comprendre-les-avantages-de-yaspa) - [Italiano](https://support.yaspa.com/it/comprendere-i-vantaggi-di-yaspa) - [Nederlands](https://support.yaspa.com/nl/de-voordelen-van-yaspa-begrijpen) English Show submenu for translations - [Return to yaspa.com](https://www.yaspa.com/) [Return to yaspa.com](https://www.yaspa.com/) What can we help you with? - There are no suggestions because the search field is empty. 1. [Yaspa help centre](https://support.yaspa.com/) 2. [Key concepts](https://support.yaspa.com/key-concepts) # Understanding the benefits of Yaspa ## 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. ![Enhanced PIS 1st time user Copy](https://support.yaspa.com/hs-fs/hubfs/Enhanced%20PIS%201st%20time%20user%20Copy.png?width=688&height=236&name=Enhanced%20PIS%201st%20time%20user%20Copy.png) 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: [![GBP demo](https://lh7-us.googleusercontent.com/wwJRmZk4qHZ_BKNNTXKr5XDKqLYAKkhKyT4S4B7ISApwwubEzTZVe1sP_POZOAcx_IyFabuMceGnpkoxHzFqCa4tGbZDg-gcvxzHt7PszHkaKM8XVaJw-l1FgwKfrs4vOyOtqh5AxT0Y)](https://www.yaspa.com/gbp-demo)[![Euro demo](https://lh7-us.googleusercontent.com/82_l1vOJS3uwY_GySZS-ZSFcx3dwN4fCrWu1JpcX-ldD4nDnz5mPYBr7yTB8uKgFhMYLb5-2AS_5ZI84VPgUOGi2xl_x_2Z_7Dsqwbe0utXKN-Pg-4jVwW1NfFlCLV5LBGhaC2zS0o2Z)](https://www.yaspa.com/euro-demo) [Open banking](https://www.yaspa.com/blog/open-banking-glossary) 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. ![Figure 3 Lower costs than cards due to less intermediaries](https://support.yaspa.com/hs-fs/hubfs/Card%20v%20OB%20(2).png?width=688&height=588&name=Card%20v%20OB%20(2).png) To talk to us about integrating open banking payments into your business, [contact us today](https://www.yaspa.com/contact).  ### **Related articles** - [The Yaspa production sign-off](https://support.yaspa.com/yaspa-production-sign-off) - [Understanding the Yaspa go-live process](https://support.yaspa.com/understanding-the-yaspa-go-live-process) - [About Yaspa](https://support.yaspa.com/about-yaspa) - [User FAQs (UK & Europe)](https://support.yaspa.com/user-faqs-uk-europe) - [User FAQs (USA)](https://support.yaspa.com/user-faqs-usa) - [Country-specific information](https://support.yaspa.com/country-specific-information) - [Business FAQs](https://support.yaspa.com/business-faqs) - [Key concepts](https://support.yaspa.com/key-concepts) - [Getting started](https://support.yaspa.com/getting-started) - [The onboarding process](https://support.yaspa.com/the-onboarding-process) - [Integrating with Yaspa](https://support.yaspa.com/integrating-with-yaspa) - [Using the dashboard](https://support.yaspa.com/using-the-dashboard) - [Complaints](https://support.yaspa.com/complaints) - [Home](https://support.yaspa.com/) - [About](https://www.yaspa.com/about/) - [Blog](https://www.yaspa.com/blog/) - [Contact](https://www.yaspa.com/contact/) [![yaspa logo](https://support.yaspa.com/hs-fs/hubfs/website-claw-favicon-4.png?width=30&height=30&name=website-claw-favicon-4.png "yaspa logo")](https://www.yaspa.com/) Yaspa is a registered trademark of Yaspa Limited. All rights reserved. © 2026 Yaspa Limited. Yaspa Limited is a company registered in England and Wales (number 09902175), and regulated by the Financial Conduct Authority as a payment institution (reference number 826720).