Pay360 and Ordo partner to drive open banking payments in the public sector
Finextra Source: Ordo
London, UK 17 January 2022 Pay360 by Capita and Ordo today announce a partnership that will integrate Ordos open banking platform within Pay360s payment services solution.
The partnership will see the two companies facilitate payments for public sector businesses with the aim of providing the customer of a service, such as local government or social housing, with a frictionless payments journey.
Together with Ordo, Pay360 will offer ‘smart’ digital payment requests, which work by sending a link to a customer by SMS or email that enables them to make instant and secure payments with their mobile banking app, or via a website. The process ensures that payment can be taken securely if customers are on inbound or outbound calls with customer service agents, who can provide support with the transaction if required.
By integrating open banking payment methods, Pay360’s partnership with Ordo will remove additional layers in the payment process and enable Pay360’s public sector clients to offer their customers the benefits of open banking without having to change their existing processes.
