We Tranxact

democratising Open Banking access

ABOUT US

We Tranxact aims to democratise Open Banking access for payments and data with affordable and easy to integrate solutions

Overview

With We Tranxact, you will gain access to truly multi-channel payment and data solutions built on Open banking

HIGHLIGHTS

We Tranxact offers data and payment connections to the Open Banking ecosystem with a suite of APIs, SDKs, plug'n'play extensions and apps.

INDUSTRY & MARKET

We serve fintech, wealthtech and financial services businesses, accountants, ecommerce firms and retailers.

PAYMENTS - THE PROBLEM

Expensive card transaction fees with high level of fraud are a costly burden to the industry.

DATA - THE PROBLEM

Gaining access to aggregated financial data insights is complicated and resource-intensive.

We Tranxact PAYMENTS

Get as much money as quickly as possible in your bank account with the least hassle.

We Tranxact DATA

Get access to all your and your clients' financial data as easily and quickly as possible.

Key benefits of open banking
Low payment fees

All payments through We Tranxact cost from 10p fixed fee per transaction. Free up capital that can be reinvested into your business.

Instant settlement

Receive funds from payments in seconds, not days. Improve your business liquidity and cash flow.

 

Hassle-free setup
We Tranxact makes it extremely easy to receive account-to-account payment. With our suite of SDKs and direct APIs, integrating We Tranxact with your existing tech ecosystem is straightforward.
Bank-level security

We Tranxact initiates the payment but the transaction is processed by banks. Each time a payment is initiated, a unique payment token is created that expires when the payment is made. All transactions are confirmed with two-factor authentication.

 

No personal data stored

No personal details are passed onto We Tranxact or a merchant when a payment is made. The payment deep link only includes the payment amount and payment reference number. Other fields can be added upon request.

SOLUTIONS FOR FINTECH AND FINANCIAL COMPANIES

Payments APIs

Initiate payments within your app or website using Open Banking payments. Integration available via SDKs or native APIs. See the Documentation for details.

Data APIs

Enhance your data with real-time access to account, balance, transaction history, and user identity using Open Banking APIs.

Invoice Payment APIs

Generate payment links and QR codes for your invoices via APIs. Easily reconcile invoice payments with automated payment notification. Set up payments chasing emails or texts.

SOLUTION FOR ECOMMERCE, RETAILERS AND TECH SME

E-commerce
eCommerce payments

Offer the ability to make account-to-account payments on your ecommerce store or website. Implement ‘Pay by Instant Bank Transfer’ on your checkout page using plug-ins or SDKs. Check out the demo shop here.

Invoice Payments

Generate payment QR codes to place on your invoices. Payee can scan a QR code to pay with the bank account. Create invoice QR codes and track payments via the Merchant Portal.

In-store & in-person Payments

Receive account-to-account payments in-store with the We Tranxact Merchant App.

 

The We Tranxact Merchant App is available for iOS and Android.

COMING SOON - PAYMENTS IN THE UK
Payouts

Allow your users to withdraw money from their accounts with your y nancial product in a few clicks.

Recurring Payments

Collect regular payments with Open Banking Standing Order. Get notiy ed when your customers cancel a recurring payment.

Bulk Payments

Execute bulk transactions using our set of APIs built on Open Banking.

COMING SOON - SINGLE PAYMENTS BY REGION
Bulgaria & Romania

Developing APIs for single domestic payments in Bulgaria and Romania.

Poland, Czechia and Slovakia

Developing APIs for single domestic payments in Poland, Czechia and Slovakia.

France, Germany and the Nordics

Developing APIs for single domestic payments in France, Germany and the Nordics.

What Our Clients Say
About We Tranxact
Emilia Clarke
HARI RAMAMURTHY
CTO,KUFLINK

I was looking for an easier and affordable way of topping up the Kuflink account. We Tranxactsounded as a no-brainer to integrate with our platform

Emilia Clarke
HARI RAMAMURTHY
CTO,KUFLINK

I was looking for an easier and affordable way of topping up the Kuflink account. We Tranxactsounded as a no-brainer to integrate with our platform

Emilia Clarke
HARI RAMAMURTHY
CTO,KUFLINK

I was looking for an easier and affordable way of topping up the Kuflink account. We Tranxactsounded as a no-brainer to integrate with our platform

Emilia Clarke
HARI RAMAMURTHY
CTO,KUFLINK

I was looking for an easier and affordable way of topping up the Kuflink account. We Tranxactsounded as a no-brainer to integrate with our platform

We Tranxact

UNLEASH THE POTENTIAL OF OPEN BANKING PAYMENTS

01.
Truely affordable payments

Fixed fee per transaction. Save up 85% on your card payment fees.

02.
Instant settlement

Payments are instantaneous. Your funds are deposited into your account the moment payments are made.

03.
Bank-level security

Our APIs are Open Banking and PSD2-compliant, ensuring secure access to the financial system.

04.
Super easy implementation

Integrate with We Tranxact Open Banking Payment APIs using SDKs or direct APIs.