Collaboration announced between Zap, TrueLayer, and DNA Payments, introducing a novel payment service offering
In a groundbreaking move, digital design and marketing agency Zap, in collaboration with open banking payments network TrueLayer and leading payment platform DNA Payments, have launched a new integrated payments offering: Zap Pay and Zap Cashier. This innovative solution is set to transform the payment experiences for platforms, particularly those in the competition and raffle business sectors.
Zap, a UK-based technology provider for competition platforms, has been at the forefront of this development, working closely with TrueLayer and DNA Payments for over a year to improve the user experience. The result is a seamless, efficient payment journey that caters specifically to platforms using Zap’s systems.
TrueLayer brings its Pay by Bank service to the table, offering instant bank payments that are not only more convenient but also cost-effective compared to traditional card payments. DNA Payments, on the other hand, contributes its expertise as a leading payment platform, with direct integration plugins for major eCommerce CMS platforms like BigCommerce and WooCommerce. This ensures a strong, unified checkout and payments infrastructure underpinning the Zap Pay system.
Capital Competitions, an early adopter of Zap’s payment proposition, has reported great feedback from its customers. They have praised the clear and easy-to-use flow, higher acceptance rate with less payment declines, and simple interfaces with comprehensive reporting tools on revenue received. Furthermore, over a quarter of Zap’s clients are already using Zap Pay.
For merchants, Zap Cashier delivers significant time and cost savings, with less administration needed due to its full integration with the Zap platform. The service also delivers enhanced customer support for Zap’s clients and their users.
Steven Sefton, digital director at Zap, stated that the launch of Zap Pay is the culmination of over a year's worth of development to deliver a better user experience. Colin Neil, head of corporate at DNA Payments, emphasizes the importance of simple, unified payments as the foundation of a great user experience, necessary across several sectors.
Mariko Beising, VP of partnerships at TrueLayer, believes that Pay by Bank is redefining how platforms handle payments, with businesses across industries turning to this method to deliver better user experiences and lower payment costs. The partnership between Zap, TrueLayer, and DNA Payments realizes Zap’s vision of a secure, scalable payments ecosystem that integrates open banking payments from TrueLayer with the robust payment gateway capabilities of DNA Payments to power the Zap Pay and Zap Cashier solutions, delivering a superior payment experience for competition and raffle businesses and their customers in the UK.
For further reading, TrueLayer has surpassed 15 million active users in its consumer network.
[1] Zap, TrueLayer, and DNA Payments Partner to Revolutionize Payment Experiences for Competition Platforms. (2021). Retrieved from https://www.zap.co.uk/blog/zap-truelayer-and-dna-payments-partner-to-revolutionize-payment-experiences-for-competition-platforms/ [2] TrueLayer surpasses 15m active users in its consumer network. (2021). Retrieved from https://www.finextra.com/pressarticle/91693/truelayer-surpasses-15m-active-users-in-its-consumer-network [3] Pay by Bank: The Future of Payments. (2021). Retrieved from https://www.truelayer.com/blog/pay-by-bank-the-future-of-payments/ [4] DNA Payments Announces Integration with WooCommerce. (2020). Retrieved from https://www.dnapayments.com/news/dna-payments-announces-integration-with-woocommerce/
- The collaboration between Zap, TrueLayer, and DNA Payments has resulted in the launch of Zap Pay and Zap Cashier, revolutionizing payment experiences for competition platforms.
- TrueLayer's Pay by Bank service, a part of this partnership, offers instant bank payments, providing users with a more convenient and cost-effective alternative to traditional card payments.
- DNA Payments, also part of the partnership, contributes its expertise in payment platforms, ensuring a strong, unified checkout and payments infrastructure for Zap Pay through direct integration plugins for major eCommerce CMS platforms.
- For competition platforms using Zap's systems, this partnership delivers a seamless, efficient payment journey, with benefits such as less payment declines, easy-to-use interfaces, and comprehensive reporting tools on revenue received.
