Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 640267784 - Business Express
Bank sign on glass wall of business center

Paylink Solutions partners with Ecospend to provide ‘pay-by-bank’ services 


Paylink Solutions has partnered with online banking provider, Ecospend, to allow customers who’ve fallen behind with repayment plans to make instant payments and get back on track with their arrangements. 

Customers will be sent a link for them to make the previously failed payments, either over the phone with an agent or online at a time that suits them.

‘Pay by bank’ provide an alternative option to card payments and move money from people’s bank accounts in real-time. All customers need to do is log into their online banking, authorise the transaction using secure biometrics and their payments will be taken straight away.

Susan Rann, CEO of Paylink Solutions, said: “This type of payment particularly benefits financially vulnerable people as their funds are instantly moved, which allows them to budget and manage their money more effectively.”

James Hickman, CCO at Ecospend, comments: “We’re delighted to be working with Paylink Solutions to help their customers make payments quickly and easily. It’s a great opportunity for us to deliver the latest advancements in payment innovation that will make payments more convenient for customers, while removing any additional stress and cutting the cost of payment fees.”

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Rann continued: “Open banking has helped to limit the impact of the current downturn by providing new experiences, helping customers manage debt, adjust budgets, and make full use of new government initiatives. We’re excited about enhancing our digital affordability software – and being able to support clients and their customers even more.”

Hickman concluded: “We believe the efficiencies that our account-to-account payments match perfectly with the needs and goals of Paylink Solutions and its customers.”

Paylink Solutions is one of the UK’s leading fintech companies that delivers technology across the financial services sector. Its award-winning platforms are used by some of the UK’s most well-known banks and building societies and assist thousands of customers every day.



Recent Post: