Digital challenger, Starling Bank is partnering with Tribe payments for real-time access to payment schemes.
The collaboration will allow customers to access major UK and European Payment Schemes.
Tribe payments delivers all aspects of payments technology to businesses that serve merchants and consumers across the globe. Furthermore, this is predominantly issuers and acquirers usings its modular platform ISAAC.
In addition, Tribe is Europe’s only issuer processor working with Mastercard, Visa and UnionPay International. This means that it offers Starling an unrivalled market connectivity.
Furthermore, Starling’s Banking Services will allow Tribe’s customers to benefit from:
- Real-time access to Faster Payments and direct access to Bacs (Direct Debits and Credits)
- Simple integration with Starling’s secure and also PSD2-compliant APIs
- Full Bank Grade Accounts with a unique Virtual Account offering
Starling partners Tribe: real-time access and connectivity
Starling’s Banking Services continues to grow its network of strategic partners.
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By GlobalDataSome of its existing clients include the Department for Work and Pensions, Raisin UK, Currency Cloud, Pockit, PelicanPay and also Vitesse.
Speaking at Money20/20 Europe, head of banking services at Starling Bank, Julian Sawyer, said: “Starling’s Banking Services continues its growth through our partnership with Tribe. Providing innovative businesses access to cutting-edge banking – both cards and bank to bank payments.”
Starling focuses solely on the digital experience of its customers. It’s products include, saving tools, security management and joint accounts.
Furthermore, Starling was the first challenger bank to be a direct member of the Faster Payments Service. It is also the only banking provider of real-time access to Faster Payments through APIs in the transaction banking world.
CEO of Tribe Payments, Suresh Vaghjiani, commented: “In the Open Banking era, connectivity is king. Consumers want to choose how they pay and get paid and in real-time, with all the functionality of a full bank account. Banks, fintechs and payment providers have lacked access to these tools, with legacy systems resulting in complex integrations, delays and unreliable services. With Starling’s Banking Services, we can offer our customers the connectivity and tools to deliver powerful payment experiences via a single API.”