How PIS Can Help Payment Providers Deliver a Frictionless Payment Experience

In 2020, the world moved online at a scale never seen before. Online spending rose 46.1% compared to 2019, according to figures from ONS, as the economy shifted from physical to virtual.

This shift online created a greater need than ever to deliver a frictionless experience across all parts of the customer journey, and payments are a crucial part of this. Customers want secure, easy-to-use payment solutions, while businesses want to deliver an experience their customers love.

Open banking has helped millions of consumers and businesses adapt to their new situation – but open banking isn’t just for now, it’s for the future too.

Read more to learn more about Payment Initiation Service (PIS), why it’s one of the most important elements of open banking, and how the technology can help deliver frictionless payment experience in all digital payment situations.

Sponsored By:

Complete the form to download your copy!

By clicking above, I acknowledge and agree to Informa’s Terms of Service and to Informa’s use of my contact information to communicate with me about offerings by Informa, its brands, affiliates and/or third-party partners, consistent with Informa’s Privacy Policy. In addition, I understand that my personal information will be shared with any sponsor(s) of the resource, so they can contact me directly about their products or services. Please refer to the privacy policies of such sponsor(s) for more details on how your information will be used by them.