Payments
Making payments faster, simpler and cheaper
Initiate customer payments securely through a single API straight from your app or website.
Reduce costs
Avoiding the costs associated with traditional card payments significantly reduces the overhead for merchants.
Drive conversions
Removing the need for payment details improves the customer experience and reduces drop off rates.
Faster access
Why wait days for payments to clear? Choosing the fastest payment types around means that most transfers happen in minutes.
What it does
Make authorised payments and transfers directly from a customer’s account, including the ability to:
✓ Create domestic single payments
✓ View available providers
✓ Manage authorisation
✓ Initiate payments
✓ Track payment status
Fast, flexible and secure connection for banks and merchants.
The best value way to make payments
Removing the costs associated with card rails whilst improving the customer's experience makes using our Open Banking payments platform an easy decision to make.
Simple to integrate, simple to use
For merchants, a single API integration makes it easy to access the Open Banking payment ecosystem. Flexible licencing options allow for both the use of your own PISP licence or the processing of payments through Bud's flow.
For customers, replacing card details with payment via the primary banking app creates a simple payment flow without the current interruptions.
Secure and safe all the way
Creating payments over secure API connections means that customers need never share card details with merchants or payment providers, while fast reverse payments make refunding money easy.
Use-case
Personal Finance Management
Connect and consolidate your customers’ accounts from different providers and allow them to set financial goals, create budgets and get personalised insights into their spending.
Use-case
Actionable Insights
Bud’s platform increases engagement and trust. It gives customers useful and tailored insights and allows providers to suggest helpful and timely offers that increase the likelihood of conversion.