fumopay, the provider of open banking payment and account initiation solutions, has partnered with Cashflows, the platform that makes it easy for businesses to accept payments, to enhance its integrated checkout experience. By selecting Cashflows as its acquiring partner, fumopay will now offer card processing services alongside its account-to-account open banking payments, delivering increased flexibility and choice to merchants and consumers.

Through this collaboration, businesses using fumopay’s single integrated checkout solution can now accept both traditional card payments and instant bank payments, all through a unified interface. This will ensure a seamless payment experience while maximising conversion rates and reducing transaction costs.

Paul Clarke, Chief Growth Officer of Cashflows, said: “Supporting fumopay in delivering an integrated checkout that offers both card processing and open banking payments has been beneficial for both our companies. Together, we are enabling merchants to provide their customers with secure and flexible payment options, driving better experiences and increased revenue. We’re eager to see where this partnership goes as both our companies continue to grow at pace.”

Kevin Ludford, fumopay’s Founder, said: “We’re thrilled to partner with Cashflows to further strengthen our payment offering. Our vision has always been to provide a frictionless and highly efficient payment experience, and whilst open banking delivers many benefits to consumers and businesses, we know that accepting card payments still needs to exist, with Cashflows’ robust acquiring capabilities, we are taking another step forward in achieving that goal allowing merchants to take advantage from the combine functional and commercials benefits of both PaybyBank and PaybyCard.”

Cashflows, specialises in offering merchants fast, secure, and reliable payment acceptance. Its acquiring services complement fumopay’s advanced open banking technology, empowering businesses with an all-in-one solution for managing payments effortlessly.

This partnership marks a significant milestone for fumopay as it continues to expand its capabilities and revolutionise digital payments. With Cashflows’ expertise in acquiring services and fumopay’s proprietary open banking integration platform, merchants can now access a cutting-edge payment solution tailored to today’s evolving commerce landscape.