Allpay plans to enhance its current online and mobile payments, providing a complete payment gateway solution for housing providers and other organisations.
The company, which handles more than £4.5 billion per year on behalf of its customers, already processes over 55 million transactions each year across cash, cards and direct debits, and Allpay’s mobile payment app for bill payments has already collected more than £80 million for its customers.
For the last 18 months, it has been orchestrating a channel-shift strategy from cash to online and mobile payments to support its customers. As part of its payments gateway offering to be rolled out next year, Allpay plans to integrate with UK acquirers across all card types, offering competitive pricing and enhanced fraud security features. The move is part of the company’s strategy to provide a multi-channel offering to customers as new payment methods become more widespread.
Tony Killeen, managing director, Allpay, said, “New technologies are transforming the way we pay and the future looks set to be one of multi-payment options, including contactless, chip and PIN, and online payments, which are continuing to take over from cash and cheques.”