Embedded finance isn’t complicated. That’s why we set out to create a series of short explainers to explore what we do at OpenPayd and how it adds value to our clients. We call it OpenPayd Asks.
Here we’ve highlighted some of our highlights from the series so far, along with links through to the originals if you’d like to read the full story:
OpenPayd Asks: Why does anyone need a virtual IBAN?
Even at 99% accuracy, that 1% of incorrect or missing payment references is a reconciliation headache.
This is what virtual IBANs address.
With a virtual IBAN, every customer has unique payment details with the company they are making payments to. Because they’re the only ones using those details, any payment to that IBAN is immediately added to their balance with the company.
The Tech Tales. The Beyond Observability & The 80/20 Rule
In our latest Tech Tale, Yusuf delves into OpenPayd's journey through the maze of building modern financial technology, demonstrating how prioritising the most crucial 20% can revolutionise observability across various domains.
Whitepaper: Embedded finance in 2023
Embedded finance. Who’s using it? How? Where? Why? There’s no shortage of questions, which is why our latest whitepaper dives into how the sector is evolving.
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Demo: Meet the OpenPayd platform
See inside the system that powers it all. Below, you’ll find our interactive demo, which will give you a guided tour of the OpenPayd platform and the chance to explore our core functionality.
What are virtual IBANs and why do businesses issue them?
A virtual IBAN (International Bank Account Number) is a virtual account reference number allocated by a banking or payments provider to provide local payment.