with open banking payments
Link Mobility’s (LINK) Mobile Invoice product provides businesses with a cost-efficient way to distribute and process payments through SMS but entering card or bank account numbers to pay an invoice on the fly is neither easy nor convenient for customers. To make the process smoother, LINK enabled account-to-account payments (A2A) using Neonomics Payments.
A big advantage was the scheduled payments feature which allows the user to decide when to pay the invoice. This reduces their risk of forgetting to pay the invoice or paying it late. The benefit of giving users more choice was clear for Link Mobility, and they expect more and more of their enterprise customers to use A2A payments as they see first-hand how it increases their success rate and lowers their costs.
With Mobile Invoice, the customer receives an SMS alert that they have an invoice. With just a few clicks, they can schedule a payment directly from their phone – no hassle, no wait.
Step one
The customer receives a text message with a link to pay their invoice.
Step two
The customer chooses 'pay directly from bank' and their bank.
Step three
The customer selects account to use and authorises the payment.
The most secure and user-friendly way to pay.
A streamlined user experience that reduces many of the common payment errors
Customers can pay right away or easily schedule a payment.
The entire process happens through the customers bank – no card or account entry, no middlemen.
Jan Tore Kjær, Sales & Marketing Director, Link Mobility AS
Increase your conversion rate and customer loyalty with a streamlined payment flow that makes it easy to pay.
Significantly reduce transaction fees, up to 80% compared to card-based payments, and eliminate interchange fees all together.
Improve your cash flow and predictability with faster settlement.
Higher conversion, yet cost-efficient
