As an increasingly cashless society fosters the growth of digital payments, innovators in the fintech industry are consistently pushing the envelope of what’s possible. Among these forerunners is Banked, a London-based fintech start-up pioneering an account-to-account payment software platform. But is this technological innovation revolutionising the very landscape of payment processing? Or is it simply offering another choice in an already crowded marketplace?
Given that the traditional card payment system can often be a source of frustration due to perceived inefficiencies and high-cost transaction fees, startups like Banked are working to challenge this setup and transform payment processing. This London-based company has attentively developed a software platform that simplifies payment processes by moving away from the need for cards and focusing directly on account-to-account transactions.
Key Takeaways
- Banked is a fintech start-up based in London offering an alternative to traditional card payment systems.
- Their software platform enables real-time, account-to-account transactions, enhancing security and efficiency.
- Banked’s system can be integrated across various mediums like mobile apps, customer portals, and invoicing systems.
- Through its innovative technology, Banked stands to revolutionise payment processing within the fintech industry.
What sets Banked apart in this competitive fintech space is the speed, security, and versatility of its software platform. The integration of this technology allows businesses and consumers to bypass the traditional card schemes and conduct transactions directly, in real-time. Its added value is the ability for integration across various portals, mobile applications, and invoicing systems, making it a holistic solution for modern businesses.
Moreover, Banked isn’t stopping at revolutionising the way payments are processed. They’re also dialling up the security level, adding an extra layer of protection for consumers and businesses alike. By directly connecting bank accounts, they are considerably reducing the risk of fraud, which is associated with card-based transactions. This means not only a smoother transaction process but also a worry-free experience for the end user.
Having already made significant strides in disrupting the payment processing landscape, the future looks bright for Banked. As more businesses continue to opt for account-to-account transactions, the demand for their services is likely to increase exponentially. Furthermore, driving innovation that ensures real-time, secure payments positions them as a mainstream disruptor for the future of fintech.
If you want to find out more about Banked or explore their services, visit their website at https://banked.com/. You can also stay up-to-date with their innovations via their social media platforms, including Twitter, LinkedIn.
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