EML's Authenticated Mandates Wins MPE Award for Open Banking Payment Innovation
06 Abril 2023 - 4:00AM
Business Wire
Nuapay (EML Payments Limited’s (ASX: EML) Open Banking
business) has been recognised for its exceptional Authenticated
Mandates solution at the Merchant Payment Ecosystem Awards in
Berlin, Germany, where it was awarded the coveted Best Use of Open
Banking for Payments accolade.
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the full release here:
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Nuapay celebrates winning an MPE Award
for revolutionising Open Banking payments with Authenticated
Mandates. (Photo: Business Wire)
MPE's Best Use of Open Banking award recognises innovative
payment solutions, enhancing customer experience through secure
transactions between end-users and merchants. Independent experts
evaluated the nominees' criteria, highlighting Nuapay's fintech
leadership.
Nuapay's Authenticated Mandates, introduced last year,
revolutionised the payment landscape by capturing e-mandates and
authenticating customers through Open Banking technology. It
simplifies recurring payments for businesses while improving
security and reducing fraud when collecting via direct debit.
Nuapay's CEO, Brian Hanrahan, was thrilled with the award
and said, "This is a significant win for us, as the Merchant
Payment Ecosystem conference and awards ceremony is a major event
in the European fintech industry. I want to acknowledge the team's
dedication to providing innovative Open Banking solutions that save
businesses time, money, and resources. This award is a testament to
our progress and reinforces our commitment to driving the future of
payments."
Nuapay's Authenticated Mandates simplify recurring payments by
seamlessly integrating collection, reconciliation, and customer
journeys with simple API integrations. This enhances the user
experience, reduces failed payments, and streamlines the payment
process, ultimately lowering business costs and improving growth
and customer satisfaction.
About EML Payments and Nuapay
Wherever money is in motion, EML Payments helps businesses
create awesome payments experiences for their customers. Our
technology powers the payments process, moving money quickly,
conveniently and securely while our programme management expertise
creates superior configurable, feature-rich payments solutions.
Nuapay is EML Payments' market-leading Open Banking business.
Direct Debit, Credit Transfers and Instant Payment products are
also available through one single 'bank-grade' platform, easily
accessible through industry-leading APIs. Businesses and their
customers benefit from the immediacy of Open Banking and
account-2-account payments and can save time, money and resources
at every turn. This is payments as it should be.
For more on EML Payments visit the website here or check out
other recent media in the Newsroom here
For more on Nuapay visit the website here
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230406005262/en/
Press Relations:
Marie O’Riordan, Global Director of Public
Relations marie.oriordan@emlpayments.com +353 87 39 333 71
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