Latest news from Commazero
Yapily rolls out bulk payments service with Comma
Open Banking infrastructure provider Yapily has launched its bulk payments service with SME payments platform Comma in the UK, with plans to roll it out into Europe.
Yapily, working in partnership with Comma, has simplified the bulk payments process under Open Banking in the UK, having previously only been available to medium to large-scale businesses that have corporate banking accounts.
Its proposition provides customers with the API connection needed to create a secure and scalable bulk payments feature for their clients.
This means that Yapily is the first Open Banking infrastructure provider to test and release bulk payments functionality for seven financial institutions in the UK.
The company has confirmed it intends to roll out its bulk payments service to customers in Germany in the coming months, as it looks to power new bulk payments propositions with more European customers.
By using Yapily’s bulk payment offering, Comma’s accountant and bookkeeper customers can createRead more...