Skip to main contentConfig.money provides a modern alternative to traditional direct debits, using instant account-to-account payments through Open Banking infrastructure. Our system is designed to be faster, more reliable, and more cost-effective than traditional direct debit systems.
Technology First
Our API-first approach makes it easy to integrate recurring payments into your application:
- Simple REST API for managing payment schedules
- Real-time payment status updates
- Automated retry logic for failed payments
- Comprehensive webhook system for payment events
- Full control over payment schedules and amounts
Customer Experience
We’ve designed the system to be seamless for your customers:
- First-time setup is quick and secure through their mobile banking app
- Future payments are authorized with a simple fingerprint
- Customers can manage all their payments through our customer portal
- They receive instant notifications for all transactions
Secure Infrastructure
To ensure compliance and security, we work with licensed Electronic Money Institutions (EMIs) and Open Banking providers:
- Each of your customers gets their own wallet through our EMI partner
- All collections flow directly into your merchant wallet
- Funds are automatically settled to your preferred bank account on a T+1 basis
- You maintain full visibility and control over all transactions
