Guavapay partners with Yapily to leverage Open Banking

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UK-based fintech Guavapay has partnered with Open Banking platform Yapily to provide a faster experience across the former’s new payment application.

 

Through this partnership, Guavapay aims to enhance the user experience of its newly launched payment application named MyGuava. Specifically, Yapily’s Open Banking technology will be integrated into the MyGuava platform to enable quicker top-up transactions for GBP and EUR accounts from supported bank accounts. Guavapay intends to utilise Yapily’s secure Open Banking platform API to provide customers with secure access to and direct transfer of funds from their preferred financial institutions to their MyGuava accounts. 

The incorporation of this technology eliminates the need for traditional, time-consuming fund transfer methods involving manual account input. Open Banking contributes to data breach prevention, simplifies the payment process, and conserves time and effort for MyGuava users. Thanks to Yapily’s robust API-driven platform, Guavapay can ensure a secure and smooth fund transfer experience for its…

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