Account Servicing Payment Service Provider (ASPSP)
ASPSPs are any financial institution (bank or payment facilitator) that offers a payment account with online access.With Firisbe ASPSP solution, these financial institutions provide access to authorised third parties to access account information and initiate payments through APIs based on the customer’s explicit consent.
Third Party Payment Service Providers (TPP)
TPPs are entities that offer payment initiation services or account information services to users. These providers act as intermediaries between customers and their banks, facilitating the secure transfer of funds and access to account data.
By providing TPPs access to customer data (with the customer's explicit consent), Firisbe Open Banking Platform enables the development of new financial products and services, enhancing choice and convenience for users.
Features
Fully Compliant
Easy & Fast Implementation
Always Up to Date
On Demand Mobile & Web Interfaces
Strong Authentication
Both For Banks & Financial Institutions