Norwegian firm, Spense, has partnered with Neonomics to offer open banking payments for the automotive industry.

In a blog post, Spense said the deal will allow its customers to provide their end users a Pay from Account feature, making direct account-to-account payment using BankID or similar, right from the web browser. It will also increase efficiency and security in its payments when it comes to buying and paying for cars and car services.  the company said.

Spense provides a payment platform that’s specifically designed for the automotive industry in Norway, with a customer and partner list including including Mekonomen Company, Porsche, and Skoda.

Speaking on the announcement Jonas Lisgård, CEO of Spense said: “We believed Neonomics was well suited to what we’re doing at Spense, as we both focus on providing great customer journeys and user experiences. We have adopted Neonomics’s open banking solution into our own platform meaning our end-users can pay right from their bank without even having to leave their web browser, and in addition there’s a significant administrative savings connected to payments done through Neonomics. We’re excited to collaborate further with Neonomics to further develop our customer journey with the use of open banking.”

Christoffer Andvig, CEO of Neonomics added: “We’re a great fit for Spense, as they value high quality customer journeys and see how open banking can benefit that. With the continuous evolution of open banking, we anticipate even greater possibilities and untapped potential in this partnership in Norway and beyond.”

Photo by Firmbee.com via Unsplash
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