Payments API for instant payments
Initiate payments within your app or website using Open Banking payments. No cards, no fraud, no chargebacks, low fees.
Low fees, instant deposits
Let your customers easily deposit funds from any device, no accounts or registration required. Save up to 85% on payment processing fees.
Use cases
eCommerce and Online Payments
Frictionless online payments with low fees starting at 0.3%. Bank-level security to reduce fraud.
Invoice and bill payments
An easy, secure, low-cost way to get paid for bills and invoices.
Digital Wallet and account top up
Let users initiate payments or move money between accounts effortlessly.
Payments API for instant payments
How does it work?
Facilitate instant bank payments from within your app or on website
Step 1 – The user commits to making a payment
The user chooses ‘Instant Bank Transfer’ as a payment method, followed by choosing the bank they want to pay with.
Step 2 – fena initiates the payment
The user is redirected to their banking app to confirm the transaction. The payment is processed by the bank.
Step 3 – Instant fund deposit on your bank account
The user gets redirected back to your app once the payment completes. The payment reaches your bank account within seconds. No lengthy settlement process. et in touch
Key benefits of instant bank payments powered by fena
Increase conversion
With seamless bank transfer payments, you can reduce basket drop-outs. No card number, payments processed under 5 seconds.
Eliminate fraud
Enable direct payments with the bank, slashing fraud and chargebacks and saving you up to 1% of revenues.
Reduce costs
Slash the costs of card and interchange fees. fena uses the Open Banking framework to reduce payment processing fees by 0.85%.
Customisable design
Design your customer journey end-to-end. Easily customise your payment checkout page to match your brand.
Bank-level security
Our APIs are Open Banking and PSD2-compliant, ensuring secure access to the financial system.
Super easy implementation
Integrate with fena Open Banking Payment APIs using SDKs or direct APIs.
Seamless payment services for your industry
Marketplaces
Reduce basket drop-outs with seamless bank transfer payments powered by fena.
eCommerce
Offer ‘Pay by Instant Bank Transfer’ at checkout as a payment method, saving up to 85% on payment processing fees.
Gaming
Provide seamless payments for low-cost deposits top ups.
Crypto exchanges
Low-cost, easy top up for accounts with account-to-account payments.
Digital wallets
Easy and instant top-up by bank transfer for digital wallets.
Wealthtech
Cost-effective way to power instant payments for SIIPs, investment apps or other investment products.
Ready to get started?
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