Open banking allows payment providers to use customer data associated with financial transactions to personalize services and products, enhancing the digital experience for customers.
When a customer chooses to pay for a product through NatWest Payit™, their device sends a signal via API directly to their bank, streamlining fund transfers.
Open banking keeps third parties from needing to store customers' card details or banking information, while enabling deeper analysis based on user data.
Businesses can leverage open banking to gain valuable insights into their customers and invest in features that align with customer preferences.
Collection
[
|
...
]