Codebase Technologies announces the launch Digibanc™ SocialPay

By Leandra Monteiro

Codebase Technologies, a Global Open API Banking Solutions provider, has announced the launch of Digibanc™ SocialPay, a social peer-to-peer payments and fund transfers solution.

In order to have a widespread adoption of a product or service in the digital age it is heavily dependent on customer experiences that are intuitive and robust. This has been a considerable driving force for peer-to-peer (P2P) social payments, where customers can send money to their friends and family through their preferred mobile applications.

SocialPay provides intuitive, payment capabilities for existing and future Digibanc™ clients, further expanding the end-to-end digital transformation capabilities available on Codebase Technologies’ platform.

Digibanc™ SocialPay automatically improves the users payment options, enabling them to send and receive money, pay bills, check balances, and utilise cardless withdrawals directly from their smartphone.

Commenting on the new offering, Raheel Iqbal, Managing Partner & Global Product Head at Codebase Technologies said, “We are very excited to launch Digibanc™ SocialPay and continue to deliver on our mission to provide our clients the most innovative solutions available today. Digibanc™ SocialPay will expand customers’ peer-to-peer payments capabilities, and offer them a newer, more intuitive way to check bank balances and pay bills. We at Codebase Technologies are firm believers in enhancing the customer experience at every touchpoint, and this product launch will empower our clients to offer the most robust customer payments experience on the market.”

Codebase Technologies (CBT) is a Global Open API Banking solutions provider that enables banks and financial institutions (both Conventional and Islamic) as well as the emerging FinTech ecosystem to Demystify Digital Financial Services. the company helps organizations create and deliver Innovative and Intuitive experiences across customer lifecycle.