Contis teams up with UK FinTech Ordo to simplify business payments
By Megha Bhattacharya
European payments provider, Contis recently announced a partnership with UK FinTech Ordo. The partnership is expected to simplify loading accounts for Contis’ end-customers along with loan repayments, fund transfers between contacts, and even splitting bills between friends. The collaboration with Ordo will bring additional choice and functionality for businesses and their customers.
Peter Cox, CEO and Founder at Contis, said, “We’re delighted to partner with Ordo to bring instant remittances and automatic reconciliation to businesses and account holders alike. At a time when finances are tight for many, the benefits of quick and secure digital money transfer are especially welcome.”
“This is the latest in a long run of Contis innovations and updates, recently including Buffer ‘secondary authorisation’ technology and international payments with Currencycloud. We pride ourselves on offering a frictionless experience to our clients and their customers. Integrating Ordo’s exciting tech has the potential to enhance payments capabilities for over 800,000 accounts and counting!”
FinTech Ordo helps businesses and organisations with the provision of secure and automatic bank transfers. It also aims to simplify business payments with immediate money transfer and automatic invoice reconciliation.
Recently, Contis announced a partnership with Currencycloud in a bid to offer international payments for around 1 million accounts. The collaboration is expected to allow end-customers to convert GBP to more than 30 currencies and send funds to over 50 counties across 5 continents.
Craig Tillotson, CEO at Ordo, said, “Our partnership with Contis means that even more businesses and their end customers can quickly start to benefit from Ordo’s revolutionary Open Banking enabled Request for Payment service, lowering costs, improving efficiency, and delivering simpler and safer payments for end customers. The shared desire of our two teams to use technology and service innovation to deliver real benefits to our clients and the complementary nature of our businesses made it an easy decision to partner with Contis and add Ordo into their end-to-end platform.”
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December 08, 2022