We are delighted to announce that Nuapay has been announced as the Platinum award winner for “Recurring Payment Platform Innovation” at the 2022 Fintech and Payments Future Digital Awards.
The Fintech and Payments Future Digital Awards are organised by Juniper Research, a leading analyst house in the mobile and digital tech sector. They recognise the most impactful products and services, as well as those driving innovation and growth, across the payments ecosystem.
The win was awarded on two key components of the Nuapay platform – our Open Banking e-Mandates proposition in combination with our rich API-based direct debit platform.
In 2022 we launched our “Open Banking Mandates” proposition, providing an industry leading bank verified mandate. The unique open banking solution gives businesses a new way to initiate traditional direct debits, helping to de-risk the process and providing them with a faster, simpler and more secure way to take direct debits from customers.
Our API-based direct debit solution, which has been live across SEPA and UK BACS since 2015, allows our customers to set up a direct debit mandate seamlessly and compliantly anywhere across Europe. The solution also includes real-time account validation and fraud protection to reduce risk for all parties.
We’re delighted that the Fintech and Payments Future Digital Awards judges recognised the contribution that these solutions have made to the wider industry and the benefits they have brought to our corporate customers.
If your business would benefit from secure, efficient and low-cost recurring payment solutions, get in touch with a member of our team today: Contact Us.