Ditto, Bankable partner for UK faster payment scheme API access

Thursday 8 March 2018 09:40 CET | News

Ditto, a France-based mobile bank launched by Travelex, has selected Bankable for real-time API access to the UK Faster Payment Scheme (FPS).

The mobile bank’s aim is to help people who need to access multiple currencies on a regular basis (frequent travellers, expatriates, online shoppers and so on). Due to its multi-currency model, customers can open current accounts in different currencies.

With Bankable’s Banking-as-a-Service (BaaS) solution, Ditto will be able to offer its customers a UK sort code and account number, from which they can send and receive GBP payments to/from other UK bank accounts.

Launched in 2010, Bankable’s API-based BaaS platform provides payment solutions with account/card issuance and management, transaction processing and compliance. It offers access to the FPS as well as Swift, SEPA STEP2, Target2 and soon SEPA Instant Payments.

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Keywords: Ditto, Bankable, UK, Faster Payments, payments, France, Faster Payment Scheme, SWIFT, SEPA, mobile bank
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce