Open Payment Solutions

Phone Image Open Banking


Open Payments was designed specifically for organisations who need to distribute funds to their customers promptly and securely. For example, when sending cheques to customers they must often wait for cheques to clear before they can access the funds our Open Payment solution fixes this issue .*


We can offer three flexible options to support our clients to distribute their funds to beneficiaries efficiently. By providing these versatile solutions, we ensure that beneficiaries can access their funds quickly and without unnecessary delays.

Send funds to customers quickly and securely

OpenPay

With Open Banking, you can instantly transfer up to £1,000 to recipients' bank accounts without storing their bank information. Payments links are sent via SMS, email or letter, allowing for instant redemption. Clients can also make use of our Confirmation of Payee service as part of this transaction to ensure funds are sent to the intended recipient bank account.  


Cash Out

Using vouchers supplied by SMS, email or post, beneficiaries can receive multiples of £100 vouchers from over 30,000 PayPoint locations throughout the UK. Vouchers can also be used to obtain credits to be applied to pre-payment (or "pay as you go") energy meters. 


Love2shop essentials vouchers

Beneficiaries can be issued an Essentials e-Code (up to £500) by SMS, email, or post. This may be redeemed for shopping vouchers at various retailers, which can be used to purchase necessities such as food, clothes, and household items. 

 

What makes Open Payments so appealing....

  • Make payments faster Provide your customers with the financial support they require sooner
  • Lower your costs and save time With increased automation, reduced print and postage costs and decreased resource requirements, OpenPay is the most cost-effective way to distribute funds
  • Enjoy full control You have complete visibility into whether the cash, bank transfer or voucher was redeemed with our robust reporting features
  • Easy to implement Our user-friendly web interface makes it simple to set up
Sales Enquiry

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Contact us

Please complete your details and we will get in touch with you as soon as possible.

Are you a current PayPoint client?*
Yes
No
First Name*
Last Name*
Job Title*
Phone Number*
Company Name*
Company Postcode*

We will contact you about your request and about services we provide to you or you provide to us. We will not sell your details to third parties for marketing purposes. Please see our Privacy Statement for more information on how we use your personal data.

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Thank you for your enquiry, a member of our team will be in touch shortly

*Our OpenPay solutions is provided by PayPoint Payment Services Limited an authorisation payment institution.