UK FinTech Partners Yapily to Offer SMEs Mass Payments
(11 June 2021 – United Kingdom) Comma, a Financial Technology (FinTech) company based in the United Kingdom (UK), has joined forces with Yapily to offer Small and Medium-sized Enterprises (SMEs) mass payment services.
Yapily are an open banking infrastructure provider who have launched an open banking mass payment service in partnership with Comma. The firm will onboard this new solution via an Application Programming Interface (API) connection to create a reliable, secure, and scalable mass payment service.
Until now, mass payments in the UK have only been available to mid-sized and large corporates. Therefore, this new initiative will open doors for greater SME growth and expansion. The platform developments by Yapily and Comma reduces the likelihood of inconsistencies in the mass payment process and thus ensures success payments across the board.
“We’ve seen a real, increasing demand from our customers for bulk payments capabilities. We’re proud to say that after some hard work, we’ve built a reliable bulk payments feature for our customers in the UK. We’ve been lucky to work with pioneering clients like Comma who have supported us in stress-testing the functionality so we can deliver the most robust service possible” commented Yapily CEO, Stefano Vaccino
“Comma was developed out of a passion for helping small businesses. Paying anything manually is a tedious process and often affects the small business owner. Working closely and transparently with Yapily, we’re now able to provide our customers with a magical payments experience. It gives them the time back to focus on growing their businesses. We look forward to continuing our collaborative partnership with Yapily” commented Comma CEO, Tom Beckenham