OMS enhances payment flexibility with Lopay integration
OMS has announced a new integration with Lopay which offers access to a low-fee payment solution that enhances payment flexibility and provides greater financial control for intermediary firms.
Lopay’s innovative system now enables OMS clients to accept card payments, including Apple Pay and other digital wallets, while providing instant access to funds and eliminating the delays typically associated with bank transfers. This feature is particularly appealing to firms targeting a younger, tech-savvy audience that values speed and convenience in their financial dealings.
With its low-fee structure, Lopay allows firms to retain more of their revenue, improving profitability and reducing operational expenses. Since its launch in January 2022, Lopay has been recognised for empowering over 50,000 small businesses—from taxi drivers to accountants—by providing a simple, cost-effective way to keep more of what they earn.
Neal Jannels, Managing Director of One Mortgage System (OMS), commented:
“By integrating with OMS, Lopay now brings its award-winning solution to the mortgage intermediary sector. This partnership will provide brokers with an efficient tool to manage cash flow and lower costs when collecting payments from clients. We expect this to be a highly popular addition to our platform.”
Richard Carter, Founder and CEO of Lopay, commented:
“Supporting hundreds of thousands of homebuyers with valued flexibility ahead of the largest purchase of their lives is great news. We are delighted to be partnering with OMS and their advisory network. Offering one click payment options for clients combined with instant access to fees should make for happy advisory professionals too!“
About Lopay
Lopay is the lowest cost, highest rated payment app in the UK. With transaction fees less than half the price of SumUp, Zettle and Square – Lopay is helping over 50k small businesses keep more of the money they earn every time they take a payment.
As well as saving business owners money when they make money, Lopay rewards them when they spend it. With the Lopay Expense & Rewards Card, earnings are instantly available to spend, and users are rewarded with fee-free Lopay transactions on every transaction.
Lopay merchants also benefit from discounts, cashback and rewards across many well known brands such as Asda, Sainsbury’s, Tesco’s, John Lewis, British Gas, EE, Virgin and many more.