FintechIO to launch ‘Blip-Pay’ and showcase at Open Banking Expo UK & Europe
OpenBankingExpo | UK
30 Sep 2024
FintechIO will launch its payment platform ‘Blip-Pay’ in early October and will showcase it at Open Banking Expo UK & Europe.
“Our journey to revolutionise how we interact with money has reached a significant milestone,” said Dan Vladoiu, chief executive officer of FintechIO.
“We are preparing to launch our revolutionary payment platform, Blip-Pay, in early October. It is transforming how payments are processed through its innovative use of Open Banking. By introducing features such as ‘Personalised Payment Journeys’, Blip-Pay leverages real-time financial data to customise payment experiences for each customer, increasing satisfaction and boosting conversion rates.
“This approach not only enhances the customer experience, but also streamlines business operations, making card payments obsolete.”
The platform is fully compliant with PSD2 regulations, ensuring secure and efficient transactions. Businesses benefit from options such as direct bank transfers and QR code/Pay by Link payments, which are both secure and cost-effective. By integrating these payment methods, companies can significantly reduce transaction fees – by up to 97% – while minimising abandoned carts and improving customer retention.
One of the standout features of Blip-Pay is its capability to provide “instant payments” (up to £1 million), which enhances cash flow for businesses without sacrificing security. This seamless, fast transaction process supports merchants in offering a unique and tailored experience to their customers.
Overall, Blip-Pay’s platform demonstrates how Open Banking can optimise payment processes, making them more efficient and customer-centric, while cutting down on processing costs.
Join the movement at Open Banking Expo UK & Europe on 15-16 October, to explore the future of payments driven by FintechIO’s advanced technology solutions.
FintechIO is an event partner of Open Banking Expo UK and Europe, which is taking place at the Business Design Centre in London on 15-16 October. Click here to find out more about attending, exhibiting and sponsoring.
