Is Open Banking a fraud?

22 Apr 2022 By PAYCEC

Absolutely NO.

Open Banking has been designed with security at its heart. It is a legitimate agreement between banks and financial institutions across the economy of the European Union or the UK or transposes to national law in other financial networks namely Singapore, Hong Kong, South Korea or Australia. In this consent between all participants, members enable third-party access to their customer banking data through open API in a secure manner.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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