Top-up payments
Build simpler, smarter and trusted payment experiences
Open banking transforms payment experiences, enabling instant funding into the chosen account — cutting down waiting times from days to seconds — so your customers can access your service faster than ever. With Mastercard as your trusted innovation partner, you can offer more payment choice to your customers and provide a seamless experience — increasing conversion and profitability to support your business growth.
Features
Mastercard Open Banking Solutions support your business to initiate payments through a simple, secure payment API, bringing increased payment options for you and your customers, all through a single interface
Fast, frictionless top-up payments
- Our solution allows your users to top up their account directly in your environment using our streamlined payment experience to increase conversion.
- Instant confirmation that your account has been funded.
Seamless experience through a single API
- One simple API integration to connect to thousands of banks and multiple payment rails.
- No need to worry about defining separate APIs for separate payment rails, such as instant payments, SEPA or domestic schemes. With Mastercard’s Open Banking Solutions, everything is possible through a single, secure connection.*
*Capabilities vary depending on open banking product.
Protect your revenue
- Open banking is a cost-effective solution with a fixed fee per transaction.
Mastercard Open Banking Solutions enables your customers to instantly fund their account in seconds with a service they can trust, for a whole host of top-up payment use cases:
Digital wallet
Investment account
Pension fund
Savings account
Gaming account
Credit card bill payments
Explore the key benefits
Boost conversion
- Faster funding with full payment transparency allows users to top up in a few clicks and authenticate without the need for long forms or manual data entry.
- Give users access to a seamless payment experience directly embedded into your payment flow.
Operational efficiencies
- Easy onboarding through a simple API integration into your existing platform.
- Increase conversion rates through a simple API integration and offer your users an easy-to-use, easy to understand payment experience they can trust.
- Removes the risk of human error, as no payment details need to be manually entered by the payee.
Cost-effective solution
- Top-up payments offer fixed-fee structures.
Expansion opportunities
- With Mastercard’s global data and payments network and bespoke consulting services, partnering with us makes it easy for you to scale your business with confidence.