WHAT IS OPEN BANKING?
To you, the customer, Open Banking is an innovative new variation of the traditional Bank Transfer (Also known as BACS) process. In the simplest terms possible, with very few personal details required, the retailer (ie. Gala Tent) can make a request directly to you, the buyer, and your bank for an exact-figure one-off payment. You would then enter your Banking App on your Smartphone, and approve the immediate payment.
WHY IS OPEN BANKING BETTER THAN TRADITIONAL BACS?
Where Traditional BACS payments require you to take the payment receiver’s bank details and set up an approved payment either online, in the branch or by telephone. Not necessarily always, but sometimes this can be a painful process, especially with first-time payments, when your bank will require multiple authorisation codes be sent to you to confirm that you’re happy with the transaction. When all you want to do is make a direct payment as painlessly as possible, sometimes it’s easier to just not make the purchase at all, so you’re left frustrated at the experience, and without the product or service you wanted.
WHO IS BEHIND GALA TENT’S OPEN BANKING SERVICE?
Using our existing SOTpay payment platform, which we use to accept secure and fraud-free card payments, in partnership with Open Banking experts NuaPay. SOTpay is an absolutely secure, multiple-award winning payment system which is world-renowned for its fraud-prevention features, which protects you as the customer better than almost any other payment software out there, so you can shop with confidence when you shop with Gala Tent, no matter how you choose to pay.
So there you go, with the vast majority of people now in ownership of a Smartphone, and with Smartphone banking and payments on the rise, Gala Tent has made it even easier to make your purchase with us. If you’re in the market for a new gazebo, marquee, or indeed any of the other fantastic products available to buy from Gala Tent, then why not check out our Advice Centre to find out which structure is best for you, or why not give our team a call on 01709 242454 and have a chat with the experts?
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