By Gloria Methri
Today
- Buy-to-Let
- CRM System
- Europe
GoCardless has announced a partnership with OMS, the seamless single-input enquiry to-completion processing platform for brokers, to simplify the latter’s payment process for its growing user base.
OMS will integrate Instant Bank Pay, GoCardless’ open banking payments feature, into its platform. This will enable brokers to efficiently request payments from their clients for a variety of services rendered, such as broker fees.
This will enable intermediary firms to better manage, collect and reconcile their payments to help improve cash flow and streamline a host of financial transactions, all without having to leave the OMS CRM system. In addition, they can sidestep expensive card fees by collecting instant, one-off payments through open banking.
Neal Jannels, Managing Director of One Mortgage System (OMS), said, “We remain focused on exploring ways to generate more time for brokers to do what they do best, advising clients and building their business in the most cost-effective and most cost-efficient ways possible. The GoCardless ethos of making payments faster, cheaper, and more secure is an admirable one and this important integration certainly fits within our ongoing commitment to helping the broker community to work smarter, not harder.”
Seb Hempstead, VP of Partnerships at GoCardless, said, “We are excited to partner with OMS to take the pain out of getting paid for their customers. By leveraging our open banking payments, brokers can deliver a best-in-class customer experience while saving time and money, creating a win-win for everyone. This use case demonstrates how open banking can bring real value to businesses and payers in the mortgage space, and we look forward to deepening our footprint in the industry with OMS.”
OMS is an end-to-end platform that covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection. It is integrated with Submissions Brain, The Source, Twenty7Tec, iPipeline, Hometrack, Experian, Equifax, Uinsure, Air Sourcing and Knowledge Bank to provide users with product sourcing, protection sourcing and criteria searching.