Neonomics launches Open Banking Checkout in Finland

Neonomics
February 6, 2023
4 minutes

07.02.2023- OSLO, NORWAY- Leading open banking provider, Neonomics, has expanded the launch of their new open banking powered Checkout solution to Finland. The solution provides seamless account-to-account payments via a frictionless front-end user interface that delivers higher conversion rates than card payments at a significantly lower cost.

“Our new Checkout product is truly what’s going to take open banking to the next level. Now any business can easily leverage open banking in their payment experience by simply adding it to your payment options using just a few lines of code. Our focus with this product was to keep all the benefits of open banking; security, low cost and combine it with the ultimate design-driven user experience. This will be a game changer for businesses and end-users.” - Nils Christian Roscher-Nielsen, Head of Product at Neonomics.

Businesses are increasingly turning to open banking payments to escape exorbitant card fees. However, the complex integration and inefficient user interfaces of early iterations have slowed adoption. Neonomics Checkout resolves these issues by providing an easy-to-use plug-and-play product that is swift to implement, maintenance-free, and fast for users.

Ecommerce providers and their customers can now take advantage of the benefits account-to-account payments have to offer – lower transaction costs, fewer intermediaries, faster settlement, and tighter security than other leading forms of payments.

Neonomics Checkout is already available in Norway and now also available in Finland. The Checkout solution will be made widely available across Nordics in the coming months via Neonomics unified API and comprehensive consumer bank coverage.

You can learn more about Neonomics Checkout here.

About Neonomics

Neonomics is an open banking disruptor unifying access to over 2500 banks and 150 million bank customers across Europe via one of the most secure and cost-efficient pure PSD2 API platforms in the market. Founded and headquartered in Oslo, Norway in 2017, the company currently has a growing highly technical team representing 25 different nationalities with close to 40% being female. Authorized by the Norwegian FSA as a licensed payment institution the company is delivering payments initiation and account information services to a wide range of customers spanning FinTechs, payment service providers, banks and more. For more information about Neonomics visit at www.neonomics.io  

Media Contact Details:

Tammy Gobel, Marketing @ Neonomics

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Neonomics AS is licensed as a Payment Institution (PI), Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP), issued by the Norwegian Financial Supervisory Authority (Finanstilsynet) passported across the EU.