Grow your payments market with direct access to the bank accounts
Your POS terminal in a handy way
Up2Pay is the module which serves as a software POS terminal. It uses the available Open banking processes to execute payment transactions initiated by a merchant and authorized by the PSU /Payment Service User/.
Up2Pay changes the payment workflow - from card-based into account-based transactions. Its ability to easily and quickly move money between accounts puts the digital experience at the center of financial service.
The solution is organized to meet the needs of the two main parties involved in the payment process – the customer and the merchant, and all that happens is in one mobile application. The terminal is available for both financial organizations and e-commerce merchants.
Build a thriving business for payment institutions and merchants
Account to Account payment
Initiation and approval.
Customers can check available balance and transaction history.
Merchant 3D digital payment identity
QR code with the whole payment data needed for offline payment initiation.
Physical face-to-face, online, e-commerce, and offline payments supported.
Available for Magento, WooCommerce, and SDK.
Web tool for merchant transaction reporting.
Offer innovative payments for all players in the value chain
Initiate a direct payment form the account opened with the PSP.
New payment channel
Increase volumes in the electronic payments for payment initiation.
Boost specific payments
Targeting new merchants with low electronic transaction penetration - utility payments, taxis, couriers. Best for recurring payments.
Fully digital customer experience
Mobile application and frictionless one-click checkout and SCA / PSU experience.
New revenue streams for the ASPSP
Transaction fees paid by the customer and merchant fees.
SCA based transactions without sharing any critical customer data.
Pre-approved API widgets for online stores
Combined with instant payments, the merchant will receive them faster than card payments
Merchants reduce operational costs and get enhanced reporting
Transform your business
Sirma offers the most advanced suite of AI applications for complex manufacturing, logistics & consumer products.Work with us