Tink & SlimPay: Partner to offer Open Banking payments to European merchants
- Tink is Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services
- SlimPay is a leading fintech player, offering merchants the ability to create value and deliver a frictionless payment experience
- Both entered into a European partnership to offer merchants access to open banking powered, account-to-account payments
- By combining with SlimPay’s open banking solutions, merchants using ‘SlimCollect’ can now offer their customers
- A recent SlimPay focus group found that 80% of consumers are concerned about security when paying online
- SlimCollect helps solve this, as the payment is authorised directly with the user’s bank
