Vivid has partnered with Yapily to offer its customers a free top-up feature via Open Banking.
Vivid will make it easier and more convenient for customers to transfer money from almost any bank account to their Vivid pocket. Customers will not need to enter their details manually every time they wish to transfer money from now on as these will be saved. Vivid users will save time when transferring money in future and can do it from the Vivid app instead of using multiple banking apps they might have.
Leveraging Open Banking technology, Vivid has chosen to partner with infrastructure provider, Yapily, for its smooth and secure connectivity to our users’ bank accounts across Europe. Thanks to their technology, Vivid can send payment instructions to the bank the customers choose to initiate the payment. Customers will then confirm it in their banking app. The benefits are that it is an easy way to top up their Vivid pockets using an awesome UX and all accounts will be saved for future top-ups.
Alexander Emeshev, co-founder and CEO of Vivid Money, commented:
“We’ve noticed over the last months that our customers wanted to have this feature to have a better experience using Vivid. So we wanted to satisfy this demand and are happy to roll out the top-up feature across all our markets – Germany, France, Italy and Spain. Thanks to our partnership with Yapily, we are now able to offer this feature. This is only the first step of a broader roll-out of various ways, topping-up Vivid users’ pockets. We aim to make banking easy for our customers.”
Stefano Vaccino, Founder and CEO of Yapily, commented:
“We are very excited about our partnership with Vivid. Open Banking has disrupted payments and we are seeing many innovative companies, like Vivid, embrace this technology to improve the experience and convenience for their users. We look forward to building and scaling a successful partnership together as we continue to focus on powering Vivid in further European markets.”