Moneyhub integrates Starling Bank to its Payment Gateway

Mar 13, 2019 · uktech.news

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Moneyhub has integrated Starling Bank into its Payment Gateway, the first challenger bank to support PSD2 PISP legislation.

Moneyhub’s integration with Starling Bank’s API allows users to initiate a payment straight from one account to the other quickly, easily, and at a fraction of the cost to organisations of traditional payments. The move follows the implementation of Open Banking in January last year and comes ahead of the new requirement that all banks must support PSD2 legislation by September this year.

Starling Bank’s half-million-plus users can also now act on the already established Smart Nudges within the Moneyhub app. For example, if a user spends less on entertainment than budgeted, they will receive a ‘Micro Saving’ nudge’ prompting them to save the money left over into their choice of savings accounts or investment accounts they hold.

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