Based in
the Algarve, Lazer Telecom’s ultra-fast fibre broadband services ensure high
availability and mission critical internet access, powering homes and
businesses. NoFrixion ensures that Lazer Telecom’s customers will enjoy
the same lightning fast service without the invoicing and billing friction.
The
partnership with NoFrixion will provide convenient, fast and simple payments
methods for customers of Lazer Telecom, cutting out manual processing and
enabling real time financial information.
There has been enormous innovation
at the consumer end of payments in recent years but almost none in business
payments. Now NoFrixion is delivering efficiencies and savings to Lazer Telecom
and core to the service is NoFrixion’s MoneyMoov API, which bridges legacy and
digital infrastructure while simplifying payments automation, making the use of
internet banking redundant.
Des Wynne, CEO of Lazer Telecom said: “Real
time payments are vital to modern business, and our partnership with NoFrixion
is part of our relentless commitment to our customers, to provide them with the
fastest speeds and best service available. This new initiative underlines this
commitment and cements our position as one of the fastest and most reliable
broadband providers in Portugal, and the undisputed customer service champion.”
“Redefining the possibilities of payments and
banking, our MoneyMoov API is fast becoming the industry standard for directly
integrating traditional banking and payments services with modern business
applications,” said Feargal Brady, CEO, NoFrixion. “It enables automated reconciliation, collection and
settlement of funds in real time using a single API.”
“We have
absolute confidence that Lazer Telecom’s upgrade to NoFrixion’s digital
payments platform will accelerate the company’s growth plans, freeing it from
the tyranny of manual processing,” he said.
Established in 2021, NoFrixion is a fast-growing digital
payments provider headquartered in Dublin, Ireland, which specialises in
Banking as a Service solutions for business across the EU and UK. It’s award
winning MoneyMoov API is powering a whole new generation of businesses to grow
beyond the limitations of legacy banking and payments systems.