RemitOne Volume Partnership Advances Open Banking Payments

A new deal lets money transfer firms add open banking options quickly. RemitOne now works with Volume to bring these tools to more clients. The move aims to make payments simpler for everyday users.

Key Facts

  • RemitOne announced a partnership with Volume on finextra.com.
  • The deal adds open banking payments to RemitOne software.
  • Volume provides the tech that links banks and payment apps.
  • RemitOne serves money transfer companies across many markets.
  • The news came out in June 2026.

Simple Breakdown

Open banking lets apps connect safely to bank accounts with user approval. Volume builds the links that make this work without sharing login details. RemitOne software already helps firms send money across borders. Now those firms can offer bank-to-bank transfers as an extra choice. Users may see lower fees and quicker arrivals for their funds.

Why This Matters

People who send money abroad often want more choices than cards or cash. This partnership gives transfer firms a new way to reach banks directly. It can cut costs for senders and receivers. Firms using RemitOne can add the feature without building everything from scratch. The change supports rules that favor open data in finance.

What's Next

More money transfer companies may test open banking in the coming months. Volume plans to add more bank connections over time. Regulators could push even wider use of these tools in payments. Users should watch for new options in their favorite apps soon.

⚡ Key Takeaways

  • RemitOne adds Volume tools to its money transfer platform.
  • Open banking payments become available to more firms right away.
  • Users may gain faster and cheaper ways to move funds.
  • The partnership follows trends toward open finance rules.
  • Transfer companies can launch the feature with less effort.
  • Volume handles the secure bank connections behind the scenes.

FAQ


What does the RemitOne and Volume deal do?
It adds open banking payments to RemitOne software so transfer firms can offer bank transfers.
Who benefits from this news?
Money transfer companies and their customers who want more payment choices.
Is open banking safe for payments?
Yes. It uses secure links and user consent instead of sharing passwords.
When did this partnership start?
The announcement appeared in June 2026 on finextra.com.

Conclusion

Firms that use RemitOne can now test open banking tools with Volume. This gives senders more ways to move money. Watch for updates as more banks join the network.

Sources

Megan Clarke
Megan Clarke
Megan Clarke is a financial reporter and commentator with a focus on fintech startups, open banking, and the transformation of the UK’s financial services industry.

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