Accept Payments
by Open Banking

Get paid faster, lower your fees and reduce fraud – with Fire Open Payments, customers can pay you directly from their accounts.

Fire Open Payments is a new feature of the fire.com business account that leverages Open Banking capabilities to allow businesses to accept account-based payments in Euro and Sterling.

Whether you’re selling online, face to face or remotely, Fire Open Payments enables you to distribute payment requests to your customers, who can then pay you in a simple, frictionless and safe way – with funds settled into your fire.com business account.

Integrating the acceptance of account-based payment flows is straight forward. Create requests in your fire.com business account or use our API to integrate Fire Open Payments with existing systems for a fully automated collection and reconciliation service.

How it works

The payer’s view

Why Open Payments?

The benefits

Cost-effective

Accepting payment by direct bank transfer is cheaper than other ways to get paid. There’s one, simple, low fee. Reduced chargebacks. Instant reconciliation.

Fast

Funds settle into your account quickly – typically within six business hours. Payments are executed via Faster Payments (Sterling) or SEPA Credit Transfers (Euro).

Secure

Fire Open Payments is one of the safest ways to collect payments. All parties are securely authenticated, minimising opportunities for fraud.

Discoverability

Multiple payment prompts

Fire Open Payment requests are made via web-link, making them a versatile method of accepting payment in many scenarios. From website buttons, SMS links, NFC tags or QR codes – there’s no shortage to the ways you can invite customers to pay.

1 2 3

What you can do

Key features

Connect to every customer

We’re integrated with every major account provider across the UK, giving your customers a secure route to pay directly from their account.

Multi-channel access and control

Access Fire Open Payments anywhere, any time using the firework web portal, mobile app or API.

Collect payments, process refunds

Give your customers more ways to pay and improve their experience. Issue refunds directly to payers from within your account or via API.

Instantly reconcile

Payments received are automatically matched to the original request – saving time and reducing human error.

Append rich data

Attach extra information to the payment request, such as Order ID or Customer Number. The data will flow through with the lodgement, aiding reconciliation and searching.

Integrate and build

Use the fire.com API to integrate Fire Open Payments with your existing systems. Generate payment requests at volume in an instant.

Customise user interfaces

Control the user journey with your own user interfaces for a consistent look and feel in line with your existing branding.

Receive real-time notifications

Get full visibility over the payments process. Event-driven API webhook notifications let you know instantly when updates occur.

Use a trusted provider

Fire is authorised by the FCA and regulated by the Central Bank of Ireland. We’re built to the highest standards and PCI complaint.

Payment Initiation

White Label

For banks, gateways and acquirers looking to comply with PSD2 and offer new account-based payment propositions to your customers, fire.com offers a fully white labelled version of Fire Open Payments that is quick to deploy and can enable you to prove the solution at scale.

Sign up

Get started

Begin your journey to accepting account-based payments by registering for a fire.com business account today.

Once your application is approved, your account will be live within 48 hours and you can start creating Fire Open Payment requests immediately.

For corporate customers looking to use the fire.com API to integrate Fire Open Payments with proprietary or third-party systems, get in touch today.

Get in touch

Find out more

Other Resources

What are Open Payments?

0 Comments

June 30, 2020

Open Payments is a new way to accept payments that leverages Open Banking to allow your customers to pay with a real-time bank transfer. Find out how it works and how to deploy it.

Online retail and Open Payments: a perfect match

0 Comments

June 5, 2020

How e-commerce businesses can benefit from frictionless bank account payments that provide fast settlement, reduce fraud and cost less than card payments.

Fire Open Payments – a new way to get paid

0 Comments

March 12, 2020

Accept payments by bank transfer with Fire Open Payments - a new feature of the fire.com business account that allows users to get paid using Open Banking.

View more posts

Try out Open Payments

Accept Payments
by Open Banking

How it works

The payer’s view

Why Open Payments?

The benefits

Cost-effective

Fast

Secure

Discoverability

Multiple payment prompts

What you can do

Key features

Connect to every customer

Multi-channel access and control

Collect payments, process refunds

Instantly reconcile

Append rich data

Integrate and build

Customise user interfaces

Receive real-time notifications

Use a trusted provider

Payment Initiation

White Label

Sign up

Get started

Find out more

Other Resources

What are Open Payments?

Online retail and Open Payments: a perfect match

Fire Open Payments – a new way to get paid

Company

Support

Legal

Accept Payments by Open Banking

How it works

The payer’s view

Why Open Payments?

The benefits

Cost-effective

Fast

Secure

Discoverability

Multiple payment prompts

What you can do

Key features

Connect to every customer

Multi-channel access and control

Collect payments, process refunds

Instantly reconcile

Append rich data

Integrate and build

Customise user interfaces

Receive real-time notifications

Use a trusted provider

Payment Initiation

White Label

Sign up

Get started

Find out more

Other Resources

Company

Support

Legal

Accept Payments
by Open Banking