Citizen has announced it has chosen OpenPayd as its real-time payments provider
IN BRIEF:
- The partnership will give the end-users of Citizen’s clients a simplified payments experience via OpenPayd’s BaaS platform
- Citizen harnesses Open Banking to provide simple and secure instant cardless payments for merchants
- Partnering with OpenPayd enables Citizen to issue virtual International Bank Account Numbers (vIBANs) for every client and enable simpler payouts via OpenPayd’s API
What does this mean?
“Through the collaboration of technical expertise, Citizen’s partnership with OpenPayd has opened up new product opportunities for us in even more locations across Europe,” said James Neville, CEO and co-founder of Citizen. “By offering a more expansive range of solutions to our customers, such as bank account creation and eWallet functionality, Citizen is more than a simple payment method – we are truly a payments ecosystem.”