European FinTech citizens have chosen an integrated financial infrastructure provider, OpenPayd, as their real-time payment service provider. The partnership will provide Citizen customer end users with a simplified payment experience through OpenPayd’s BaaS platform, which provides plug-and-play banking and payment infrastructure through a single platform. Unique API.

Founded by James Neville, former Worldpay CTO, James Neville, Citizen operates Open Banking to provide instant and simple cardless payments to merchants. The company is known for its acquisition and disposal of merchants, bypassing the traditional methods of no cards, codes and apps. To provide a better experience for its customers, Citizen needed an integrated financial infrastructure provider that could facilitate instant payments and provide a greater global reach than other merchants. other offers on the market.

The partnership with OpenPayd allows FinTech to assign a virtual international bank account number (vIBAN) to each customer and enables easier payments. OpenPayd’s infrastructure allows Citizen to issue clients with corporate accounts, and vIBAN provides real-time data alerts as soon as funds arrive in their accounts. The partnership is already in effect and available to Citizen’s multi-industry clientele.

“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,”

“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.”

 James Neville, CEO and co-founder of Citizen.

“Working with Citizen is another example of how versatile our BaaS infrastructure is,”

“Our broad and evolving technology suite can cater to any industry, any payment rail, anywhere. We’re looking forward to a long and successful relationship with Citizen, as they scale their offering and deliver a better payments experience to their clients.”

Iana Dimitrova, CEO of OpenPayd.