Key Takeaways:
- Volume is a fintech startup based in London that provides a universal internet checkout experience.
- Its Transparent Checkout service allows direct account-to-account payments, eliminating intermediaries and lowering transaction fees.
- Once integrated, customers can pay online using their bank accounts from any device. The payment is instantly settled after a biometric check, with no need for a card or user ID.
Volume, a revolutionary ecommerce startup based in London, aims to profoundly impact the UK’s E-Commerce and PaaS Industry. Its innovative product, Transparent Checkout, is a universal checkout experience that is upending tradition in the realm of online transactions. Developed with transparency and fairness as its guiding principles, this fintech upstart is working to deliver a payment solution which is beneficial for both consumers and merchants.
As an interactive online payment solution, Transparent Checkout is built on top of open banking. This enables direct account-to-account payments, bypassing intermediaries and significantly reducing transactional fees. By offering merchants and online shoppers a direct line of payment, Volume is increasing transparency, cutting costs and boosting convenience.
Volume’s ground-breaking platform differentiates itself by focusing on account-to-account payments. This bypasses the need for cards, user IDs and passwords, a move that aligns perfectly with the rising popularity of contactless and cardless payments. Moreover, the instant settlement of payments after a requisite biometric check ensures a quick and secure payment process.
Moreover, they offer a truly universal checkout experience, allowing customers to make payments from any device, anywhere, and at any time. They have created a system that is more efficient, more secure, and more convenient than traditional methods, transforming the realm of online payments.
The potential for the future of Volume in the e-commerce COULD BE staggering. As we move towards a more digital age, the demand for such an innovative, secure, and easy-to-use payment system is likely to grow exponentially. The universal checkout experience, as offered by Volume, could very well revolutionise the UK’s e-commerce and PaaS industry, offering a much-needed alternative to conventional checkout methods.
To revolutionise an industry, innovation is essential. With their focus on combining convenience, security, and immediacy, Volume is redefining the future of e-commerce transactions. Follow them to stay updated with latest news and advancements. Visit their website and LinkedIn page for more information about their services.
Want to supercharge your brand’s visibility within the UK tech industry? Reach startup founders, investors, and C-level executives with sponsored articles on UKT.news. Connect with us and discover how our advertising solutions can propel your brand to new heights. Explore our Sponsored Articles & Partnerships Program here.
