Ecommpay: Expands Open Banking coverage across Europe

Ecommpay: Expands Open Banking coverage across Europe

1. ECOMMPAY is a payment service provider and a direct bank card acquirer
2. Announced the expansion of its Open Banking capabilities to cover Romania, Spain, and Greece
3. Open Banking solution now covers 20 countries with users able to connect to 2,000 banks
4. The solution offers funds aggregation; deposit confirmation; automated reconciliation;
5. The reconciliation process is also easier and faster for the merchant, with confirmation that settlements are made according to the time schedule
6. Open Banking makes it easier for consumers to view their finances, take out loans for things online