The everything payments platform, Blink has partnered with Open Banking solution, Opaay, to provide its users with an efficient, secure, and more cost-effective way for processing payments.
Portal users can now benefit from Open Banking, card payments and direct debits all in one place.
Opaay has partnered with Blink to deliver a bank-to-bank payment option utilising Open Banking. Opaay has worked closely with the Blink Executive Teams, to ensure a swift and seamless integration for Blink and its merchant partners. Opaay have used their advanced technical capabilities to allow Blink to onboard the whole of their merchant book, which consists of over 5,000 partners with minimal effort. Opaays’ agnostic solution allows for Blink to work with multiple PISPs and AISPs in the UK, EU and globally in native currency.
Andy Acton, CEO Opaay says: “This is Opaay’s first partnership with a payments service provider and we’re excited to be working alongside Blink, so they can leverage the advantages that Open Banking provides. The Opaay platform has been leading the way within Open Banking Technology and with the increased education and adoption of Open Banking amongst end users, we will look to see more businesses use Opaay as their choice of payment method.
“It was a pleasure to work with the team at Blink and to be part of the innovative portal they have built for the substantial merchant base. Our bank-to-bank payments solution is now available for over 5,000 merchants that partner with Blink and we see this as a big step for both businesses, and the adoption of Open Banking by merchants.”
Businesses using Blink in sectors such as retail, hospitality, property, insurance, or any ecommerce business, can now offer the benefits of bank-to-bank, Open Banking to its clients. Opaay provide access and technical connection to the global Open Banking environment for merchants, banks and payment gateways.
Ben Cohen, Co-Owner Blink: “Blink are always looking for ways in which our merchant users can get the best from their payments experience. For us, Open Banking is the logical evolution of payment processing, and we wanted to partner with a company who had proven technology to benefit our clients.”
Opaay is the only G-Cloud 12 listed Open Banking payments supplier with Crown Commercial Services. Opaay plans more partnerships over the next 12 months, in the UK, EU and globally, as Open Banking adoption is on the increase.