Vyne partners RemitONE

Thursday 29 July 2021 14:21 CET | News

Vyne, an account-to-account payments platform, has announced its integration with the technology and business services firm for the remittance world, RemitONE

The deal gives RemitONE’s clients instant access to Vyne's payment solution, becoming a new way for their customers including Payment Institution’s (PIs) and Money Service Businesses (MSBs) to send remittances globally.

Vyne uses Open Banking to move money in real time between bank accounts. Its single integration means RemitONE’s clients can access the benefits of Open Banking.

Because Vyne allows customers to make payments directly from their own verified bank account, Know Your Customer checks and Secure Customer Authentication fraud authentication can be carried out seamlessly, reducing friction and improving the customer experience. 

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Keywords: partnership, money transfer, remittance, Open Banking
Categories: Payments & Commerce | Online Payments
Countries: United Kingdom
This article is part of category

Payments & Commerce