POLi for Financial Services
POLi is a hyper-fast, secure online payment option for financial services businesses that want to gain a competitive UX advantage while reducing time-intensive back office labour at the same time.
How POLi is helping Kiwi financial services businesses
Financial services is ultra competitive, and increasingly digital. Product offerings aren’t the only way to gain a competitive advantage - the digital user experience is vital too. That’s where POLi comes in.
With POLi, your customers can make payments within your existing workflow, helping them remain engaged and reducing the number of clicks it takes to complete their payment. POLi lets customers pay securely using their online banking account, with money transferred from their account to yours quickly, with no manual intervention required. You get to control the reference information that you see on your bank statement, leading to less chance of human error.
As a merchant, it’s easy to sign up and get started, and our low fees will keep your bottom line happy too.
Get payments, fast
Don’t wait around for payments to transfer. Transfer money from account to account rapidly.
Easy to use
The POLi portal is easy to use, allowing transfers to be set up in seconds.
Fully automated
Reduce the chance of human error by reducing human intervention.
Low fees
Save up to 90% on fees with POLi compared to other payment options.*
* Pricing based on standard 2.9% + $0.30 NZD
Why are online payment options important?
Kiwis are online, they want choice and they want speed. Financial services businesses that are able to send and receive payments in near real-time, using the platforms customers already know and love, will be well prepared to delight customers in this increasingly digital world.
Some customers don’t own credit cards and need alternatives, and even POLi should only ever be just one payment option. If you can offer choice, customers will find the payment option they prefer.
- 49% of Gen Z’ers have never owned a credit card.1
- About half of Kiwis wish sending online payments was quicker.2
- One third of NZ respondents already use direct online payment options like POLi.2
- POLi is already trusted by major brands like Air New Zealand and NZTA.
1Laybuy, 2019
2Yabble Payments NZ Consumer Study 2020