Virtual accounts for business – Woven Finance

Industries

One Payment Platform with multiple use-cases Woven Provides a unique approach to payments, from our secure virtual accounts, recurring payment and payout services, we are built for companies that need a more reliable, faster and convenient way to make payments and receive money from their customers.

The Woven Solution can automate a myriad of industry-specific payment workflows.

Lending

Lending

With Woven’s solutions, lending services are made easier. Lending companies can easily disburse loans at speed and track repayments of loans. Lending companies also gain a competitive advantage by delivering a faster, more reliable experience for borrowers. Virtual accounts are provided for each loan. Borrowers find it cheaper and easier to transfer.

However, with direct debit, merchants can tokenize their bank accounts so that repayments can happen seamlessly like cards Here are some benefits lending companies have to gain from using Woven

Easier onboarding of customers and loan disbursement

Our automated payment processes are available 24/7 making it easy to onboard clients and disburse loans faster.

Easy Reconciliation

Virtual Accounts are created for each individual borrower and investor which allows each transaction to be easily matched to each individual.E.

Fewer payment delays

With the use of Virtual accounts, payments are made and received in real time

Ecommerce and Stores

With Woven’s solutions, E-commerce platforms and stores services are made easier. Individuals can easily order items from the merchant, make payments and wait for the items to arrive.Ecommerce Platfroms and stores can provide better services by delivering a faster, more reliable experience for customers.

Virtual accounts are set for each item in the online stores. Customers find it easier and cheaper to make payments to the merchants for items in the stores

With Direct debit, merchants can tokenize their bank accounts so that payments for goods and services can happen seamlessly like cards. Here are some benefits Ecommerce Platforms and stores have to gain from using Woven

100% merchant acceptance

Woven uses virtual accounts to receive payments which are universally acceptable to all merchants.

Attract and retain customers

Easier payment methods make it easier for Ecommerce Platforms and stores and platforms to attract more customers and retain their current customer base.

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.

Financial Services

In a sector driven by innovation and competition, technology and consumer demands are changing rapidly, this payment solution helps players in the sector gain traction and also achieve improved profitability

Firms often faced with complexity in payments which often slow down growth pace, woven finance therefore brings a better solution to the needs of the business by providing a simple, clearer and faster way to render greater services to your customers.

Our solution provides investors with a payment method to invest in various asset classes at lower costs. Investment management platforms are striving to differentiate and minimize cost, the current payments infrastructure is inefficient and vulnerable to downtime. with our solution, you can deliver better services and build brand loyalty

With Woven’s solutions, Banks and other financial service institutions can easily provide top notch services to their customers:

Customers can easily make deposits, transfer funds and withdraw funds on their bank accounts with the virtual accounts generated for them. Banks and other financial service institutions can provide better services by delivering a faster, more reliable experience for customers.

Virtual accounts set for each transaction. Clients can easily make deposits into their accounts and make payments for services rendered.

With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards Here are some benefits Banks and other financial institutions have to gain from using Woven

Better Client Management

Woven finance provides Banks and other financial service institutions with a better way to manage their clients and business partners who are not willing to embrace other payments methods with increasing costs

Competitive Rates

With the use of virtual accounts reconciling payment to individuals is much easier.

Insurance

With Woven’s solutions, Insurance Companies can easily provide top notch services to their customers:

Individuals can easily pay their monthly premiums and subscribe for new insurance covers. Insurance Companies can provide better services by delivering a faster, more reliable experience for customers.

A virtual account for every insurance cover. Customers can easily pay premiums and subscribe to new covers.

With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Here are some benefits insurance companies have to gain from using Woven

Better Client Management

Woven finance provides insurance companies with a better way to manage their clients and business partners who are not willing to embrace other payments methods with increasing costs

Competitive Rates

Woven finance offers competitive rates which are business friendly for high volumes of transactions

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.

Capital Markets

With Woven’s solutions, Investment Banks can easily acquire funding from their clients to trade securities online.

Online trades and exchanges can easily be paid for. Investment Banks can provide better services by delivering a faster, more reliable experience for customers.

A virtual account for every security class. Clients funds can easily be traded to increase wealth. With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Here are some benefits Investment Banks have to gain from using Woven

Better Client Management

Woven finance provides Investment Banks with a better way to manage their clients and business partners who are not willing to embrace other payments methods with increasing costs

Competitive Rates

Woven finance offers competitive rates which are business friendly for high volumes of transactions

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.

TelCos

With Woven’s solutions, Telecommunication companies can easily allow users to transmit information on a global scale

Airtime Plans and Bundles can easily be paid for. Telecommunication Companies can provide better services by delivering a faster, more reliable experience for customers.

A virtual account for every airtime plan. Customers can easily subscribe to various airtime bundles. With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Here are some benefits Investment Banks have to gain from using Woven

Better Client Management

Woven finance provides Telecommunication Companies with a better way to manage their customer base who are not willing to embrace other payments methods with increasing costs

Competitive Rates

Woven finance offers competitive rates which are business friendly for high volumes of transactions

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.

Gaming

With Woven’s solutions, Gaming stores and platforms can easily provide top notch services to their customers:

Individuals can easily order games from the merchant, make payments and wait for the items to arrive.Gaming stores can provide better services by delivering a faster, more reliable experience for customers. A Virtual accounts set for each gaming platform. Customers can easily pay for games and all other additional functions and codes to improve their experience.

With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards. Here are some benefits lending companies have to gain from using Woven

100% merchant acceptance

Woven uses virtual accounts to receive payments which are universally acceptable to all merchants.

Attract and retain customers

Easier payment methods make it easier for gaming stores and platforms to attract more customers and retain their current customer base.

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.

Travel

With Woven’s solutions, Travel Platforms can easily provide top notch services to their customers:

Individuals can easily purchase their tickets and confirm their travel dates from the merchant, Travel Platforms can provide better services by delivering a faster, more reliable experience for customers.

A virtual account for every travel platform. Customers can easily purchase tickets and confirm their travel dates.

With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Here are some benefits Travel Platforms have to gain from using Woven

Improved Travel Processing Experience

Customers are provided with a payment system that helps improve their travel processing experience

Better Client Management

Woven finance provides travel agencies with a better way to manage their clients and business partners who are not willing to embrace other payments methods with increasing costs

Competitive Rates

Woven finance offers competitive rates which are business friendly for high volumes of transactions

Service Providers

With Woven’s solutions, Service Providerscan easily allow users to subscribe to various internet plans.

Internet Plans and Packages can easily be paid for. Service Providers can provide better services by delivering a faster, more reliable experience for customers.

A virtual account for every internet package. Customers can easily subscribe to various internet plans. With Direct debit, merchants can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Here are some benefits Investment Banks have to gain from using Woven

Better Client Management

Woven finance provides Service Providers with a better way to manage their customer base who are not willing to embrace other payments methods with increasing costs

Competitive Rates

Woven finance offers competitive rates which are business friendly for high volumes of transactions

Easy Reconciliation

With the use of virtual accounts reconciling payment to individuals is much easier.