Payments are one of the key revenue drivers. Literally. It is time FinTech providers, banks, and credit unions start looking at the value payments deliver for revenue growth. With years of deep experience in the new-age money movement domain, Opus helps businesses improve revenues by streamlining end-to-end customer journeys. Our tailored solutions for differentiated use cases provide simplified digital transaction facilities eliminating intermediaries such as bank websites or third-party billers. This reduces both settlement time and costs. We facilitate the adoption of new business models and collaboration among FinTechs for B2B, B2C, G2C, and P2P payments.
As the world shrinks to a global village, businesses have to make large payments across borders in multiple currencies. Multi-currency digital wallets enable cross-border B2B payments bypassing the tedious international bank transfer process. Opus helps FinTechs add value by facilitating simplified payments while maintaining transparency in costs and settlement times.
Make payments to suppliers of products and services from across the world in their local currencies
B2C payments enable direct online payments to retailers, digital sellers, e-commerce platforms, and businesses that sell directly to customers. The services simplify the user experience of an online purchase with an option for one-time payment or recurring bills. Opus facilitates frictionless customer experience with a request to payment (RFP) for secure transfers directly from the user’s mobile app.
Facilitate paying bills, and make payments for online purchases
G2C payments are necessary during disaster relief or socially beneficial initiatives. Designated government or public agencies disburse funds to eligible people affected by natural calamities, disabilities, or social malice. Opus empowers authoritative bodies to issue and complete bulk transfers seamlessly with effective beneficiary data maintenance.
Collect citizens’ detail, segment them as eligible and ineligible, and batch transfer relief funds
Peer-to-peer or person-to-person payments facilitate direct transfers between any two individual users. They can use personal bank accounts, credit unions, or mobile apps to electronically transact with their family and friends.
Splitting restaurant bills among friends or gift amounts among a group
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All products and services that facilitate revenue growth for a business are revenue drivers. These include all activities and supplementary business functions that enable better access for core business offerings.
Anything that positively impacts the balance sheet is a revenue driver. These include quantifiable factors such as cash, profits, assets, and liabilities. Also, non-quantifiable ones such as customer satisfaction, loyalty, business positioning.
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