start up
MoneyDuct
Project information
MoneyDuct is a Payment Initiation Services Provider (PISP) that enables frictionless payments for retailers & consumers online and in-store avoiding the additional layers of authentication that will be placed on retailers due to the PSD2 directive. We provide an instant bank to bank mechanism whereby the money doesn’t pass through the PISP’s account which is both seamless and dynamic and delivers a much smoother payment experience to retailers and consumers.
- PSD2 compliant
- Built for Open Banking
- Frictionless payments
- Reduces the cost of payments
- Increase customer retention
- Reduce cart abandonment
Currently, BLIK operates on the Polish market, which is based on the legislation of Polish Open Banking. In the rest of Europe, competition is very low without significant market penetration. There are a number of London based start ups that have received huge funding in this space so its definitely one to keep an eye on.
- Company : Technology Start Up
- Incorporated : Pending
- Link : www.moneyduct.com
- Investment : Seeking pre-seed funding