People worldwide are at ease making online payments, thanks to technological advancements and growing confidence in secure payment systems. With the rise of online shopping and digital transactions, people now expect seamless experiences with just a few clicks or taps. As more financial and non-financial services are integrated into digital platforms, the demand for comprehensive solutions accessible through a single app has surged. At Andaria, we prioritise innovation and user experience to meet these evolving customer expectations while maintaining trust.
A significant portion of banking customers worldwide have already embraced digital-only bank accounts, a number expected to rise to 70% in the coming years. Companies offering online payment solutions and member experiences, such as sports clubs, venues, and mobility apps, can adapt by incorporating Embedded Finance solutions like ours into their offerings. Our platform enables non-financial entities to seamlessly integrate financial services directly into their platforms, reducing third-party dependencies. This transformation is reshaping operations and member engagement for businesses in the UK and EU, unlocking strategic advantages and driving revenue growth.
Traditional payment solutions can restrict a company’s responsiveness, leaving them vulnerable to competitors offering faster, simpler products. By controlling the entire payments ecosystem, companies can significantly reduce transaction costs, improving the bottom line and attracting new customers. Our platform automates tedious processes and reporting, allowing users to focus on delivering exceptional customer experiences.
Integrating Andaria’s platform into a company’s payment ecosystem or app empowers customers to open accounts, generate statements, access personalised products, make purchases in multiple currencies, and utilise virtual or physical payment cards. Businesses can access various functions through our platform, including account and product management, customer onboarding, and issuing branded cards. Additionally, our web client offers additional features such as account management, access to customer statements, and facilitating cross-border payments.
One of the key strategic benefits of our platform is its ability to foster customer loyalty. Through branded debit cards and multi-currency accounts, companies can incentivise spending and reward loyalty, building lasting connections with their audience.
Our platform unlocks valuable data insights, providing businesses with information about their customer base’s spending habits, preferences, and behaviours. With this knowledge, companies can create customised packages tailored to the specific needs of their customers, enhancing the overall value proposition and satisfaction.
With our closed and open-loop payment accounts, businesses can facilitate global transactions and create a shared ecosystem between companies, suppliers, and customers through dedicated multi-currency IBANs and bulk payment processing. The flexibility of these accounts allows businesses to tailor financial services to meet the specific needs of their members.
Backed by a wealth of regulatory expertise, global partnerships, and a strong B2B2C focus, our platform provides businesses in the sports, memberships, and mobility industries with a reliable and comprehensive solution. Embedded Finance, along with the streamlined customer experience it offers, is no longer a luxury but a necessity for meeting customer expectations. To explore how Andaria’s platform can enhance your financial ecosystem and unlock new opportunities, contact our expert team today.
