- Finovate newcomer Aiia launched its new cost know-how, Pay by Hyperlink.
- The brand new providing empowers companies to make funds utilizing all kinds of frequent communication channels together with e mail, PDF, SMS, and chat.
- Aiia was acquired by Mastercard within the fall of 2021.
Main Northern European open banking platform Aiia unveiled its new cost characteristic, Pay by Hyperlink. The brand new providing permits seamless funds for each companies and customers, utilizing no matter channel they select. These choices embody e mail, PDF, SMS, social media chat, and extra.
“We’re within the course of of remodeling your entire method of paying payments,” Aiia CEO and co-founder Rune Mai stated. “With a easy hyperlink, we make it effortlessly simple and safe to pay a invoice on the go together with a checking account with out having to enter or bear in mind cost particulars.”
Utilizing the answer is easy: companies present Aiia with the required bill info for a given cost and Aiia ensures that every one important info is seen on each the sender and receiver accounts. This lets companies automate the cost reconciliation course of, if they should. Any firm can problem a cost hyperlink for an bill utilizing customer-facing channels similar to e mail, SMS, or perhaps a bodily letter.
“With Pay by Hyperlink, we give companies the chance to simply accept and obtain funds anyplace and cut back friction in your entire cost circulation,” Mai added. “The brand new characteristic is bridging the chance hole between open banking and a variety of companies.”
Aiia’s open banking platform permits companies to attach their functions to greater than 3,000 banks in Europe to entry monetary information and provide seamless funds. The corporate made its Finovate debut final yr at FinovateEurope 2021, demoing its know-how that enables any firm to make simple and cost-effective account-to-account funds with just some traces of code. Since then, Aiia has cast partnerships with Swiss PFM startup keycount, Denmark-based IT companies agency Netcompany, and Danske Financial institution U.Okay. Final fall, Mastercard introduced that it had accomplished its acquisition of Aiia, a deal that was first reported in September.
Picture by Giallo
