What open banking can bring to EPOS and payment gateways providers (and their users…)

Why should I offer cardless payment methods?

Friction at the till

Fraud at the till

Fees at the till

What are the benefits of cardless payments?

The customer’s experience

  • Quick, easy payments
  • A range of easy payment journeys adapted to their specific needs (online, offline, mobile etc)
  • An intuitive and positive user experience
  • No worries about their personal or card details getting hacked

The retailer’s experience

  • Immediate delivery of funds from fully verified customers
  • Easy refund and payout process back to those verified accounts
  • An intuitive dashboard for tracking and reconciliation
  • Easy integration into the retailer’s existing systems
  • No worries about chargebacks, authorisation fees or interchange-international payment fees
  • A payment method that has the lowest fees in the market.

The EPOS and payment gateway provider’s experience

  • New market opportunities as start-ups, SMEs and enterprises all look to implement cardless technology at the point of sale
  • Satisfied end-users, leading to satisfied merchant partners — leading to sustainable customer-supplier relations
  • Flexible pricing tailored specifically to the customer’s needs.

Citizen’s PayBlox: an open banking payment solution

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Citizen enables instant, cardless, account-to-account payments via their payment solution platform, PayBlox. https://paywithcitizen.com

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Citizen

Citizen

Citizen enables instant, cardless, account-to-account payments via their payment solution platform, PayBlox. https://paywithcitizen.com

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