Investing with instant bank transfers
powered by open banking
Conversion rate
TBH
Launched in
2021
Stat *
%
Our collaboration
Bare Bitcoin was launched in 2021 with the simple idea to become the preferred platform for buying Bitcoin in Norway. The crypto market was experiencing an influx of alternative coins and shady exchanges, creating conditions that were overwhelming and higher risk particularly for new investors. Bare Bitcoin’s founders saw the need and opportunity to provide a platform exclusive to Bitcoin and that makes investing easy to understand that could also help educate consumers. Leveraging the safer investing environment in Norway and their expertise, the founders set out to show that their platform and Bitcoin were different, building trust and a solid reputation in the community.
Key to developing that user journey was enabling a better way for customers to fund new accounts and top-up their digital wallets. Traditional bank transfers require users to navigate away from the platform to set up the transfer. Depending on the banks network and agreements with other banks the transfers can take 1-3 days. They turned to open banking to provide an alternative that would seamless secure and easy integrate. Neonomics Checkout provided them with an automated solution that enables their users to make instant bank transfers right from their platform, that are easy to track, and settle quickly so users can invest in timely way.
Key to developing that user journey was enabling a better way for customers to fund new accounts and top-up their digital wallets. Traditional bank transfers require users to navigate away from the platform to set up the transfer. Depending on the banks network and agreements with other banks the transfers can take 1-3 days. They turned to open banking to provide an alternative that would seamless secure and easy integrate. Neonomics Checkout provided them with an automated solution that enables their users to make instant bank transfers right from their platform, that are easy to track, and settle quickly so users can invest in timely way.
How it works
In just a few clicks, investors can authenticate their identity and initiate an instant bank transfer right from Bare Bitcoin’s platform.
Choose payment method
Choose instant transfer using Neonomics to make a direct bank payment.
Connect to your bank
Find and select your bank and authenticate your identity using your preferred authentication method.
Authorize and pay
Select the account to use and authorize the payment.
The payment is verified near-instantly, Enabling the users of the platform to make an investment purchase – no hassle, no wait.
A direct payment solution customers love
Streamlined payment flow
Neonomics Checkout provides a friction-free in-app payment experience that makes initiating payments from your platform easier than ever.
Accessible
Anyone with a bank account can top up their account or make an immediate trade, even outside banking hours.
Hear from the client
“We’ve had a lot of issues with card payments that have taken a long time to resolve. With Neonomics, we found a proactive and engaged partner who took the time to understand what we were building and how it would work from the very beginning and has been an active partner in helping us build the best customer experience possible.”
Bjørn Olav Jalborg
CTO, Bare Bitcoin
Why A2A is a better way to pay
Secure and reliable
A2A payments use account owner verification, BankID and the users bank security layers to confirm the investor's identity and payment authorization to prevent fraud and ensure the trade is made safely.
Payment status transparency
Our easy-to-integrate webhook provides real-time payment status notifications, payment confirmation, and insight on any issues to enable timely trades.
Let’s talk!
