Dutch Challenger Bunq Partners with Volt to Power Open Payments
On a mission to reinvent banking from the ground up, bunq offers customers unprecedented control over their money and a seamless banking experience powered by the best of fintech. By integrating Volt into its technology stack, bunq gives its customers the ability to transfer funds instantly to their bunq cards and e-wallets from accounts held at other banks connected to the SEPA Instant Credit Transfer scheme.
Volt’s open payments gateway offers access to essential features that put customers in greater control of their money and build trust in digital payment methods. Strong authentication boosts the security of account-to-account payments, while new features such as easier access to recurring payments will provide a convenient alternative to direct debits and remove the need to share card or account numbers when setting up payments online
Ali Niknam, CEO and Founder of bunq, said: “We are excited to provide a hassle-free experience to our users! With Volt, now they can reduce costs, stay safe, and save time and money when doing top-ups or transfers between banks – this empowers them to be free and focus on what’s really important without worrying about their finances!”
Jordan Lawrence, Chief Commercial Officer at Volt added: “bunq is bringing the benefits of open banking to a wide range of users and casting its vote for account-to-account payments. bunq has been making waves in Europe with its customer-centric products, and we look forward to serving its continued growth and innovation in challenging the status quo across financial services.”