Noda, a leading provider of open banking, has introduced Pay & Go, a solution designed to streamline the user journey for merchants who require registration, KYC verification, and payment processing. Pay & Go simplifies this entire process into one seamless flow, helping merchants significantly boost their sign-up conversion rates. By enabling users to complete registration, verify their identity, and make their first payment in a single uninterrupted experience, Pay & Go optimises merchant acquisition strategies and enhances the overall user experience, making onboarding faster, smoother, and more efficient than ever.
Game-changer for user onboarding
“Acquiring new users today is an expensive process. Losing even a single paid user can have long-term impacts on business metrics, while successfully converting paid and organic traffic into active users can yield positive outcomes. Pay & Go helps increase conversion rates by ensuring that leads become active users, without dropping off during any stage of the registration process. This allows merchants to fully leverage the potential of their user acquisition efforts. It’s especially important for industries where identity verification is a mandatory part of the user registration,” explains Konstantin Khvorostianoi, chief product officer.
Key benefits of Pay & Go for merchants
How Pay & Go works
Integrating Pay & Go is simple. Merchants just need to add the Pay & Go button to their website or app. Users who click the button follow a straightforward Noda payment process through their bank. T
The bank then shares the user’s verified personal information with Noda, further validated by KYC providers GBG and Sumsub. Within seconds, the user is registered, verified, and ready to make their first payment—all within a single flow.
Transforming UX with instant payouts
One of Pay & Go’s standout features is the ability to process instant refunds and payouts. Since user data is verified directly with the bank during registration, merchants can be confident in the bank account ownership and user identity, allowing for quick and seamless transfers between bank accounts. No delays, no extra steps—just instant, reliable transactions that improve user satisfaction.
About Noda
Noda, a leading global Open Banking platform, is revolutionising the way online merchants operate. By tackling critical challenges such as end-user KYC, efficient payments processing, LTV forecasting, and UX optimisation, Noda provides comprehensive solutions tailored for the digital age. Our extensive network, partnering with 2000+ banks across 30 countries and encompassing over 30,000 bank branches, ensures that merchants have the support they need to thrive globally.
With Noda’s advanced Open Banking API, online businesses can easily integrate direct bank payments, offering their customers a seamless and secure payment experience with lower fees. Whether you’re looking to enhance customer verification processes, optimise payment systems, forecast long-term value, or refine user experience, Noda is your partner in growth.
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
