Yapily Introduces Comma's Bulk Payments Service in the United Kingdom

Yapily | June 09, 2021

Yapily, the main supplier of Open Banking infrastructure, today launched its new Open Banking bulk payment service, which already operates and takes use of its UK service with Comma, the SME payment platform, live.

Yapily, in collaboration with Comma, has streamlined the complicated process of bulk payments in the UK under Open Banking. Customers like Comma may use the proposal to get the API connection they need to build a dependable, secure, and scalable bulk payments functionality for their accounting, payroll, and bookkeeping clients.

Previously, bulk payments in the UK were only available to medium to large enterprises with corporate banking accounts. As a result, many SMEs have been forced to rely on old, inefficient payment procedures, which cause substantial difficulties and problems when it comes to paying employees, suppliers, and customers on time, every time.

Comma's accountant and bookkeeper customers may use Yapily's bulk payment service to generate and share payment runs with clients, who can then bulk pay bills, taxes, and wages on their phone or PC in a few taps from their own bank account. This enables accountants and bookkeepers to provide additional payment services to customers, which has been requested for many years. As SMEs strive to recover post-pandemic, operational efficiency is critical.

“Comma was developed out of a love for aiding small businesses,” stated Tom Beckenham, CEO and Founder of Comma. Paying anything manually is a time-consuming practise that frequently impacts small business owners. We are now able to provide our customers with a fantastic payments experience because to our strong collaboration and transparency with Yapily. It allows them to refocus their efforts on building their enterprises. We are looking forward to continuing our collaboration with Yapily.”

Yapily is the first Open Banking infrastructure provider to test and release bulk payments capabilities for seven UK financial institutions, using its direct and extensive contacts with many of the UK's top banks.

To introduce the most technically robust bulk payments service to market, the FinTech has worked extensively with Comma and UK banks to highlight anomalies in behaviour, glitches, and circumstances where API documentation isn't indicative of what's in practise. Yapily & Comma's approach decreases the likelihood of clients being taken off guard by anomalies and ensures the success of bulk payments across the board.

“We've observed a real, increasing demand from our customers for bulk payments capabilities,” said Stefano Vaccino, CEO of Yapily. We're pleased to announce that, after much effort, we've created a dependable bulk payments service for our UK customers. We've been fortunate to work with forward-thinking clients like Comma, who have assisted us in stress-testing the functionality so that we can provide the most robust service possible.

“What appears to be a straightforward implementation of the required endpoints has been a massive team effort, as well as a steep learning curve for us as an Open Banking infrastructure provider. We're currently working on expanding this across Europe, and we're delighted to collaborate with Comma and other clients to push it even further.”

Yapily's bulk payment solution will be rolled out to consumers in Germany in the next months, with the company hoping to power new bulk payment offers with more European clients in the future.


CIMA gratefully acknowledges the assistance of Professors David Dugdale and Falconer Mitchell with the survey design and Rebecca Ryan and Deloitte DMCS Limited for reviewing the survey instrument. CIMA would also like to thank Ford of Europe and Dave Mack in particular for agreeing to pilot and to comment on the earlier version of the survey.


CIMA gratefully acknowledges the assistance of Professors David Dugdale and Falconer Mitchell with the survey design and Rebecca Ryan and Deloitte DMCS Limited for reviewing the survey instrument. CIMA would also like to thank Ford of Europe and Dave Mack in particular for agreeing to pilot and to comment on the earlier version of the survey.

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