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Secure Trust Bank: Partners Mastercard for open banking payments

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Secure Trust Bank: Partners Mastercard for open banking payments

  • Secure Trust Bank has partnered with Mastercard to offer customers more choice and convenience through open banking to repay retail finance
  • Open banking empowers consumers to access, use and benefit from their financial data
  • Mastercard’s open banking technology enables seamless and fast account-to-account payments
  • This gives customers a new and convenient way to make payments on retail finance loans with the ‘Easy Bank Transfer’ payment option
  • This partnership provides customers with the choice to pay back their retail finance
  • The consumer finance division offers point-of-purchase finance through its V12 Retail Finance business
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