Open Banking Payments
with Kolleno
Harness Open Banking for Payment Success
Improve payment experience for your clients
Open banking offers a range of benefits for businesses, starting with enhancing the payment experience for clients. Through platforms like Kolleno's Customer Payment Portal, clients can conveniently choose between card or bank account payments. This streamlined process improves customer satisfaction but also fosters quicker transactions, boosting overall operational efficiency.
Better financial management & reconciliation
If the open banking payment is made via Kolleno Customer Portal, it will be automatically reconciled in your accounting software - saving your team lots of time on manual transaction matching. Moreover, by harnessing account data, businesses gain insights into their cash flow, enabling them to identify areas for improvement and capitalize on opportunities like reduced fees and enhanced interest rates.
Maximise your payments security
Open banking prioritizes payment security, putting consumers in control of their finances. With stringent security measures and consumer-driven data access, individuals can manage who has access to their financial information. This empowerment fosters trust and confidence in the payment ecosystem, promoting secure transactions and mitigating risks associated with unauthorized access.