Roqqett

With rising card transaction fees putting pressure on businesses, it's time to explore cost-effective alternatives. Open Banking offers a seamless and secure payment method that could help businesses like yours reduce costs, compared to traditional credit card payments. Find out just how much you could reduce costs with Roqqett’s checkout solution using the link in the comments. Let’s embrace innovation for a smarter financial future! ???? #Fintech #OpenBanking #CostSavings

By securely sharing data, open banking enables faster, cheaper, and more efficient payments. The Open Banking Impact Report highlights that open banking enables cheaper payments. It does this by offering lower transaction fees over traditional credit cards by excluding middlemen taking small cuts of your transaction - you keep more of the money you make. According to the government’s National Payment’s Vision, digital payments like open banking offer significant benefits around speed for the consumer. Your payments are faster with open banking compared to traditional credit cards, which take 24 hours or even 48 hours to settle money into your account. Roqqett takes between 7-22 seconds. It's a game-changer for businesses looking to streamline operations, reduce costs, and offer customers improved services. Ready to embrace this financial revolution? #openbanking #innovation #fintech

Offering multiple payment options can significantly reduce cart abandonment. One of the biggest issues in e-commerce is cart abandonment. The global average cart abandonment rate is around 70%. This means that 7 out of 10 shoppers leave their carts without completing the purchase. Find out more benefits of Open Banking for your Ecommerce business below.

Apple have recently announced that they will disable the Advanced Data Protection in the UK, it’s most advanced end-to-end security encryption tool for customer cloud data. But what does this mean for consumers?

Should you be able to open a bank account with FaceID? The World Bank ID4D program, which focuses on the principles of inclusion, design and governance, has been backing the development and integration of digital identity systems. A white paper from Visa Government Solutions reveals that 850 million people lack official identification, and suggests that the adoption of digital identification would be driven by payment transactions. We already use biometric data to make payments through open banking and digital wallet tokenisation, so what is to stop us using it to open a bank account? What are the risks? #Digitalpayments #Innovation #OpenBanking #FinTech

?? Open Banking's Big Moment? The FCA Just Dropped a Game-Changer! 2025 could finally be the year Open Banking in the UK goes from buzzword to business as usual. And the momentum is real ?? ?? From 320K payments in 2018 to a jaw-dropping 224M in 2024 ???? 12.09M active users (and climbing) ?? APIs running at 99.75% availability ?? 1.85B successful API calls processed like clockwork But here’s the mic-drop moment: The FCA just sent a letter to the Prime Minister and Chancellor, putting Variable Recurring Payments (VRPs) front and centre for 2025. And this isn’t a “nice-to-have.” They’re calling it critical for driving UK economic growth and productivity. Why does this matter? Single payments have seen significant success, but recurring payments are transformative, facilitating seamless subscriptions and intelligent financial management. The tech works. The users are ready. And now, with the FCA’s backing, Open Banking is poised to deliver on its massive potential. Buckle up—this could be the year everything changes. ???? #OpenBanking #FinTech #VRPs #Innovation

Today I started brainstorming a new idea while I was gardening. I explored how instant payment settlements can boost cash flow. I analysed how lower transaction fees save money. I discovered how reducing fraud through no-card transactions can help. Takeaway: Gardening is a FinTech hack. ???? #CashFlow #FinTech #Payments

We can help you get instant settlements super fast. Catch Roqqett at Seamless Europe 2024 at the Equals Money stand. Let's chat about e-commerce and chocolate! ?? #FinTech #Innovation #Payments

Unlock the power of instant payment settlements with Roqqett! Boost your cash flow, reduce transaction fees, and minimise fraud. Transform your business operations today. ?? #FinTech #Innovation #Payments

Imagine this: A seamless payment experience that keeps your customers coming back. By analysing customer behaviour, you can create a frictionless checkout process that drives loyalty and boosts sales. Ready to transform your payment system? Visit our website: roqqett.com ?? #FinTech #CustomerExperience #Payments