
Share this post
- 80% of consumers were worried about their money and started cutting back on spending during lockdown 1.0
- Lockdown 2.0 is going to be harder with flu and bad weather meaning more people will need to self-isolate and accept help from friends, family, neighbours and volunteers
- Ordo’s request for payment service means people can pay each other back, instantly and securely, from a few taps on their phone rather than sharing bank account details
As we go into Lockdown 2.0 with people barely recovered from Lockdown 1.0, it’s likely that more people will need to stay at home with suspected Coronavirus symptoms, whilst waiting for test results or having been notified by the Government’s test and trace system.
All this is only sustainable if people can keep up with the essentials like booking online grocery shops and with the generosity and good spirit of neighbours and volunteers picking up that extra pint of milk and to fill in gaps between delivery availability.
Ordo is free for consumers to use, and it is the most secure, easy and efficient payment method out there for just such a crisis.
Ordo’s Neighbour2Neighbour campaign was a success in Lockdown 1.0, and it’s set to be the clean, quick and convenient go to payment method for Lockdown 2.0 with the #Helpingyouhelpothers campaign. Ordo is FCA regulated, and all you need is your neighbour’s mobile or email to securely request payment back.
How does it work?
If you’ve been doing the shopping for your neighbours, all you need to do is log in to Ordo on the web or in the app, create a smart request for payment and send to your neighbour’s email or mobile. You choose which account you want to be paid into and this information is never shared with your neighbour. Ordo sends an instant notification to your neighbour telling them about your request to be paid back, and within a few taps, they can authorise the payment direct from their own bank account to yours, immediately. No hassle, no delay, no charge. And you can even attach a photo of the till receipt or a selfie of you leaving Sainsbury’s to say you’re on your way round and to be ready at the door with a mask!
Fliss Berridge, Director and Co-founder of Ordo, said: “We saw in Lockdown 1.0 that people wanted to help and were generous with their time in stepping up for their neighbours. They wanted a payment method that was easy to use socially distanced on a door step, but still secure, and didn’t want to be sharing their account details with the whole street! With Ordo, payment requests are encrypted end-to-end so people are protected from fraud, their neighbour can be certain they’re paying the right person, and payment and notifications are instant, so everyone knows where they are with their finances. We’re connected to 97% of banks, meaning just about everyone can benefit from the advantages Ordo brings.”
About Ordo
Ordo removes hassle & headache from payments, and has made getting paid easy. Ordo means reduced costs, immediate money transfer, automatically reconciled payments, improved invoice security, and happy customers. We’ve integrated with QuickBooks, Sage and Xero, we’re FCA authorised (FRN836070), invested in by Nationwide Building Society, the former Faster Payments leadership team & CGI partners.
Using the Competition and Markets Authority’s Open Banking mandate, Ordo is connected to: Allied Irish, Bank of Scotland, Barclays, Cash Plus, Danske Bank, First Direct, HSBC, Halifax, Lloyds, Monzo, Nationwide, Natwest, Revolt, Royal Bank of Scotland, Santander, TSB and Ulster Bank. More banks are being added over the coming weeks.
Learn more about Ordo: https://ordohq.com
Try Ordo for free: https://www.myordo.com/landingPage
Press: https://ordohq.com/press/
Video: https://ordohq.com/business/