Account Setup

Michael Engler
Michael Engler The chief of community conversations. Community manager Master (Platinum)
  • Updated

Open Banking allows you to collect payments securely and efficiently by enabling customers to share their financial data with authorized third-party providers. NomuPay partners with Token.io, a leading open banking technology provider in Europe, to simplify and streamline the payment process for merchants. This integration exempts merchants from handling sensitive banking details directly, thus avoiding PCI compliance requirements.

Technical Specifications

Review the capabilities offered currently for the Open Banking integration from the listing below. Please note, refunds are not available after a Debit payment.

Payment Types

Debit (DB)

Supported Countries & Banks

Refer to Coverage Map

Currencies

EUR, GBP

Account Setup

To begin the OpenBanking activation process, please contact the Nomupay Sales Team. The application includes Know Your Customer (KYC) and onboarding procedures, along with OpenBanking-specific account configuration. Refer to the Account Settings table below for required configuration parameters.

Once your application is approved, you will receive confirmation from Nomupay that your OpenBanking account is active and ready to process transactions.

Account Configuration Details

The following table outlines the default configuration settings applied to all OpenBanking accounts. If you require updates to any of these fields, please contact help@nomupay.com.

Setting Description
Business Name The legal name of the business.
Display Name The customer-facing business name shown during the OpenBanking checkout process.
Logo The logo displayed to customers when selecting OpenBanking as a payment method.
Currencies Supported currencies: EUR and GBP.
Account Details For GBP: Account Number & Sort Code
For EUR: IBAN
Domain Name The full website URL where payments will be processed (e.g. https://www.mysite.co.uk/)
Integration Type

OpenBanking Dashboard PayByLink and OpenBanking API integration are available.

PayByLink Payment Types Choose whether to display only OpenBanking or both OpenBanking and card payment options on PayByLinks (applies to the Dashboard PayByLink model only).
Default Country The pre-selected country shown to customers when initiating an OpenBanking payment.
Destination Countries List of countries from which customers are permitted to initiate OpenBanking payments.

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