It also enables them to initiate an online payment at an account from other bank in Europe. This removes the complexity and friction of many diverse integrations and allows UniCredit to provide its customers with the ability to get a consolidated view of all their bank accounts held with one or more banks. What’s more, Worldline’s secure Open Banking infrastructure translates the formats of all different banks into a single API. Via this API, Worldline enables UniCredit and its customers to execute PIS and AIS services.
Instead of establishing separate connections with many different banks, UniCredit gains extensive and cost-effective reach throughout Europe through a single API. The partnership with Worldline provides huge benefits in terms of efficiency. The partnership has been extended for another two years.Ĭost-effective reach, enabling new services to support further growth UniCredit has been using Worldline’s Open Banking TPP service since 2020. This enables UniCredit to effectively offer Account Information Services (AIS) and Payment Initiation Services (PIS) and opens up a range of business opportunities for both UniCredit and its customers. The partnership with Worldline allows UniCredit customers to connect their accounts in other banks throughout Europe via one single application programming interface (API). UniCredit, one of the major pan-European banks, has renewed the partnership with Worldline, a global leader in payment services, for the Open Banking Third Party Provider (TPP) service.
Payment Initiation Services and Account Information Services for the benefit of customers across Europe via a single API