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Unlock Faster, More Secure Payments with RemitONE’s Open Banking Solution January 31, 2025

We’re excited to introduce the latest enhancement to our RemitONE Money Transfer Platform: the RemitONE Open Banking Solution. Competitively priced and designed to offer businesses a faster, more secure, and seamless payment experience, this powerful new feature ensures maximum value for our clients through advanced open banking capabilities. 

Open banking is revolutionising the financial industry by allowing businesses to connect directly with their customers’ bank accounts to initiate payments. By bypassing intermediaries such as card networks, open banking delivers numerous benefits: 

Key Benefits of the RemitONE Open Banking Solution: 

  • Faster Transactions: Payments are processed almost instantly, providing businesses with quicker access to funds and improving cash flow. 
  • Enhanced Security: Secure, direct payments minimise the risk of fraud and chargebacks, giving both businesses and customers peace of mind. 
  • Cost Efficiency: Open banking eliminates many fees associated with traditional card payments, making it a cost-effective option for businesses of all sizes. 
  • Streamlined Customer Experience: Customers can authorise payments through their mobile banking apps, ensuring a smooth and frictionless checkout process. 

Our RemitONE Open Banking Solution, powered by RemitONE’s award-winning technology, seamlessly integrates into the RemitONE Money Transfer Platform. This plug-and-play solution allows clients to quickly enable open banking without the need for complex technical integrations. 

This enhancement underscores RemitONE’s commitment to staying at the forefront of payment innovation, equipping our clients to thrive in a rapidly evolving digital economy. 

Get Started Today 

Take advantage of this feature to unlock the full potential of open banking for your business. Book an exploratory call today using the link below to learn how you can implement this solution and deliver a superior payment experience to your customers!

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