The demand for simple and straightforward payment methods is increasing, and from a consumer perspective, the days when it was acceptable for a wire transfer to take a few bank days are irrevocably over. Today, transfers should take place immediately when they are initiated so that the amount can be used directly on the recipient’s side. This applies to both small payments and larger transactions. Development that facilitates scalability and entry into new markets is vital in the current expansion phase of SavePrêt group – and the integration of Confidence helps with just that. In addition to allowing direct bank payments for all deposits on the investment platform, both in Sweden and in other markets, the payment service also contributes to a streamlined process when entering new markets as a Confidence supports Euro and several other currencies.
“Save Ready is a real challenger in the financial services industry which focuses on providing an easy to use service to its clients. By offering ConfidenceOnline banking payments from, Save Ready allows customers to fund their account instantly from their bank without any hassle. We are delighted to support Save Ready realize their vision of economic freedom for all ”, declares Luca G. Giannone, Sales Manager, Trustly Financial Services.
The integration of Confidence shortens the time between deposit and receipt of capital on the investment platform. It will still be possible to use the regular bank transfer on SaveLend.se, for those investors who prefer it, but offering direct deposits means that new investors can open their account, make their deposit and receive the money in their account at the investment platform. right now. This should reduce the barrier to completing account setup and lead to a higher proportion of activated accounts.