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BOPP Payments
Information by Research TrustFinance
BOPP (Bill Over Phone & Pay) was founded to combat the fraud and high costs associated with card-not-present transactions. The company's mission is to provide a more secure, cost-effective, and faster way for businesses to get paid. By leveraging Open Banking technology, BOPP facilitates direct bank-to-bank payments, completely bypassing traditional card networks. This eliminates card processing fees, reduces the risk of fraud, and removes the possibility of chargebacks, with funds settling in the merchant's account instantly.
United Kingdom
Industry
Financial