Ordo - Open Banking Payments-as-a-Service Ordo’s fully managed and white labelled open banking enabled payments services provide businesses with low cost, highly secure, real-time and easy to use Request to Pay, ecommerce, Point of Sale/QR Code, invoice and contact centre payments direct from their customer’s bank accounts into their own bank accounts, for both single and recurring payments. Businesses can access the Ordo managed service in a number of ways: through an Ordo Merchant Acquirer/PSP payments partner, such as Pay360 or Contis, directly via Ordo’s modern business level APIs, or for smaller businesses, through our integrations with QuickBooks, Sage, and Xero accounting software or via Ordo’s web/app interfaces. Ordo also uses open banking to enable refunds and secure customer pay-outs as well as account validation services and has fully managed VRP-enabled services (Variable Recurring Payments), initially for sweeping, allowing businesses to take advantage of the latest open banking technology with minimal development and integration effort. Ordo’s cloud hosted managed service is fully white-labelled, allowing business’ own brand and look & feel to be incorporated into all customer interactions, giving a consistent customer experience without the overhead of developing and keeping up to date their own open banking customer journeys. Ordo was founded by the former management team of the UK’s Faster Payments Scheme in 2018 to use open banking payments to provide businesses with a much-needed alternative to slow, high-cost card payments and insecure direct bank payments. Ordo is authorised by the Financial Conduct Authority as a Payments Institution for Account Information Services and Payment Initiation Services (FRN 836070). Ordo is backed by private investors, Nationwide Building Society Ventures and CGI, the global IT services business.
