For years, legacy payment infrastructures and invisible webs of hidden costs have created unnecessary payment headaches for retailers, resulting in higher prices for consumers, too. But the industry no longer needs to be held hostage to card networks.

Through its partnership with Yapily, Volt offers direct account-to-account payments, allowing consumers to make real-time payments directly from their bank account straight to the merchant. This streamlined process bypasses card schemes eliminating the risk of card fraud for the consumer and reduces lengthy settlement times for the merchant.
Volt offers a faster, cheaper, and more secure online payments experience for merchants, powered by open banking.

<ul>
<li>Doubled the number of payment initiation consents over the last 6 months</li>
<li>Processed millions in payment volume via Volt’s payments gateway</li>
<li>Boosted initiation success rates on all major banks resulting in higher revenue for merchants</li>
</ul>

Lenders relying on outdated credit scoring systems and archaic affordability assessments risk leaving millions of people without access to the right financial products, without acknowledging an individuals financial behaviour. Thin-file customers often have to turn to a solution that cost them significantly more in fees during the process, forcing them into more financial uncertainty and debt.

By partnering with Yapily, Salad Money can now access real-time financial data. Salad Money can retrieve and analyse up to two years' worth of transactional data to provide NHS and public sector workers with an automatic review of their benefit and credit entitlement.
By accessing an individual's actual financial status, rather than incomplete credit scoring data - Salad Money can better serve a larger proportion of consumers. Consumers can also better understand their entitlements and improve their financial well-being for good.

<ul>
<li>The ability to identify a potential £477,000 in unclaimed benefits so far</li>
<li>Provided benefit insight to over 11,000 applicants, informing them of the benefits they may be eligible for </li>
<li>Lend over £13million to over 13,000 individuals to help better manage their debt</li>
</ul>

Yapily Events | Customer Stories - Slideshows

Accountants and small business owners rely on accurate, up-to-date financial data to give them a clear overview of their cash flow and help better inform business decisions. When managing multiple accounts, with multiple providers, it can become increasingly difficult to get a clear picture of an SMEs real financial situation, the live bank feed removes the headache aggregating all banking information onto one platform.

Through its partnership with Yapily, IRIS KashFlow removes the manual headache of managing multiple accounts for SMEs by consolidating all their data they need on one platform. Yapily Data enables KashFlow users to link all their accounts in a streamlined one-step process, automatically updating their feed with real-time data to provide an accurate overview.

<ul>
<li>Automated, up-to-date bank feed linking all business bank accounts to IRIS Kashflow</li>
<li>Lower attrition of users leveraging live bank feeds within IRIS KashFlow</li>
<li>Support for thousands of accountants and SMEs by providing them with a single view and one source of truth on their business performance and cash flow</li>
</ul>

As an infrastructure platform with the most extensive coverage across the UK and Europe, we’re helping customers accelerate their product performance and adoption with open banking. What will you build?

Our products make your journey easier, whether it be accessing financial data, validating account ownership or initiating payments - our API gives the access you need.

Initiate direct account-to-account payments, from any application, without the middlemen and unnecessary fees

Maximise recurring revenue with a faster, more secure, and cost-effective way to collect regular payments.

Automate how you pay your suppliers and contractors, pay multiple recipients in one transaction at a click

Easy, instant access to financial data. Get a complete and consistent overview of consumer and business information.

Access the customer details you need to confirm account ownership and better understand who you're doing business with.

Innovate across payments and data with access to thousands of banks and institutions. No additional licences needed.

Did you meet Yapily at a recent event? Explore our products, customers, and use cases here. Browse videos, read case studies, and more.

Events | Open Banking Use Cases Brought to Life

Our API is completely invisible – we operate behind the scenes letting your product take centre stage

Merchant onboarding and account verification with secure, seamless open banking data connectivity.

Seamless, secure account top-ups for SME customers through open banking, helping them save time and manage funds more efficiently.

Streamlined cash flow management, understand your real cash position and make reconciliation a breeze

Remove the need for card scheme providers, make direct payments from one account to another with Volt

A consumer applies for a credit card. The chosen credit card provider works with Yapily to enhance its credit assessments with open banking, enabling them to validate personal identity information for KYC checks. The consumer starts the onboarding process, selecting which bank account they need to validate account ownership and share identity information.

The consumer gives the credit card provider consent, enabling secure access to their account and identity information. All connections benefit from strong customer authentication (SCA) flows across the UK and Europe, reassuring the consumer that their information is secure.

The credit card provider can complete their KYC checks in real-time, allowing the customer to benefit from an immediate decision and fast access to credit. With access to real-time information, lenders can offer more personalised solutions tailored to the needs of their consumers, improving the efficiency of customer onboarding and reducing risk while detecting fraud.

An invoicing platform integrates with Yapily to provide simple, embedded invoice payments for small businesses. A small business owner uses the platform to pay their contractors, selecting which business account they would like the multiple bills and invoices to be taken from and begin the connection journey.

The small business owner gives the invoicing platform consent to initiate bulk payments on their behalf during the open banking connection stage. All payments are authorised using strong customer authentication (SCA), increasing security and reassuring the business owner that their information and payment processes are secure.

Once consent is given, set up is complete. The invoicing platform can instantly pay multiple recipients at once on behalf of the small business owner. Automating the invoicing process removes the headache of manual data entry and reduces payment errors, ultimately improving business efficiency and saving time.

An app-based investment provider works with Yapily to offer a more streamlined payment experience. Whenever an investor is ready to top up their digital wallet and invest in more stocks, they select the bank account from which they want funds to be taken and begin the connection journey.

The investor gives the app consent to initiate the payment and top up their digital wallet. All payments are authorised using strong customer authentication (SCA), reassuring the investor that their information and funds are secure throughout the initiation process.

Once consent is given, set up is complete. The investment app can then pull funds directly from the investor's bank account to top up their digital wallet, allowing the investor to increase available funds with ease.

Yapily Events | Use Cases Slideshow

An accounting software provider works with Yapily, enabling them to automatically pull client transaction data onto its platform. A small business owner wants to use the platform to get more insight into their cash position and selects the single or multiple accounts they want to review.

The business owner gives consent, allowing the accounting software provider to access their account and transaction data on their behalf. All connections benefit from strong authentication flows (SCA), so the business owner can rest assured that their account information is secure.

Once consent is given, set up is complete and their accounting processes are now automated. The small business owner can then view their information on one platform in real-time, providing full cash position visibility across all accounts, making reconciliation a breeze.

Secure and Scalable Open Banking

Think bigger with open banking

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Variable Recurring Payments

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Data

Validate

Yapily Connect

Payment Service Provider

Adyen

SME Banking

Allica Bank

Accounting

Intuit

Payments

Volt

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