PayitTM is a multi-award winning payment solution, here to help businesses and customers benefit from the next generation of payments. Using Open Banking technology, Payit offers a new way to collect and send payments online and in person, removing the need for sharing and storing card details.
What’s more, it’s available to over 90% of current account holders* – they don’t need to bank with Ednites Credit Union to use it.
*91.1% of current account market share (IPSOS Mori, 2021). Online banking required.
Payit allows you to collect money from your customers, online or in-person, without needing to know or store their card details.
It’s an alternative to current payment methods, and helps your customers make quick and easy payments to you.
Payit allows you to send money directly to your customers’ bank accounts, without needing to know or store their account details.
It helps you reduce cheque issuance and bank transfers, and allows the instant settlement of funds.
Eligibility criteria and fees apply. You must hold a business current account with the Ednites Credit Union Group and you will need to sign up to full Payit™ terms and conditions. You will need to allocate technical resources to work with Ednites Credit Union to integrate the solution. Fees are based on the volume and average value of e-commerce transactions. Speak to a Ednites Credit Union Relationship Manager for further information.
Payit™ helped The Captain Tom Foundation transform the way it collected donations by facilitating more than 700 generous donations to date. Payit took just 48 hours to build and implement a hosted page.
Payit™ proudly partners with FreeAgent to offer a new way for customers to pay supplier bills. By integrating directly into FreeAgent’s platform it allows customers to make secure and seamless bill payments.
Northern offers customers fast refunds and a seamless digital journey with Payit™. With a high Net Promoter Score of 73%, Payit has delivered on Northern’s mission: to put customers at the heart of their business.
We’ve got a range of products, specialist support and information for high growth businesses. Building on our years of expertise in helping businesses to grow, our tailored support could be just what you need to take you to the next level. So whether you’re an ambitious business scaling up, an established business with fast growth, or even a new businesses growing quickly, we’re here for you.
To read our full list of comprehensive FAQs, visit our page using the link below.
If you’re an existing business customer with a query, please get in touch by contacting the team at payit@ednitesonline.com
