BankFi launches Incomeing in collaboration with Co-operative Bank

Thursday 20 May 2021 10:41 CET | News

Banking technology platform provider BankiFi, in association with The Co-operative Bank, has launched a Request to Pay (RTP) service: Incomeing.

The service helps SMEs improve their cash flow by facilitating collection of payments from their customers.

The platform allows users to send payment requests via text, email and Whatsapp, as well as QR codes for face-to-face transactions. It ensures that funds are transferred into a chosen account immediately. It also generates invoices, streamlines the process of chasing late payments and automates financial admin by integrating with major accounting applications.

Incomeing is also available as a white-labelled solution, meaning any organisation with an SME client base can leverage the app to offer a licensed digital payments and collection service. Users can register using their Business Current Account, or a Personal Current Account.

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Keywords: Request to Pay, product launch, banks, SMEs, cash flow, QR code, transactions
Categories: Banking & Fintech | Online Payments
Countries: United Kingdom
This article is part of category

Banking & Fintech