finAPI launches DebitFlex

Tuesday 10 August 2021 10:54 CET | News

Germany-based finAPI has launched DebitFlex to bring together the payment and receivables management of companies with the individual needs of consumers, says the official press release.

With the new DebitFlex service, finAPI supports consumers who have fallen into arrears. The BaFin-licenced payment service provider analyses the consumer's data within the scope of a one-time account insight and determines individual payment proposals. This service must be explicitly ordered by the account holder and is voluntary.

finAPI DebitFlex offers companies customer-oriented payment and receivables management. The procedure is based on the PSD2 payment services directive and enables consumers to adapt payment modalities to their individual needs and current financial possibilities.

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Keywords: accounts receivable, product launch
Categories: Banking & Fintech
Countries: Germany
This article is part of category

Banking & Fintech