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Noda launches BIN-to-Bank to cut online merchants' card payment costs via Open Banking integration.

Others
27 Oct 2026, 13:34 WIB
Globe News Wire
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Bullish
Noda launches BIN-to-Bank to cut online merchants' card payment costs via Open Banking integration.

Noda has introduced BIN-to-Bank, a new solution that integrates Open Banking into existing card checkout flows for online merchants across 26 European countries. This technology uses the card's Bank Identification Number (BIN) to redirect eligible payments to bank transfers, reducing card processing fees and chargeback risks without adding new payment buttons or disrupting the customer experience. Merchants can selectively route transactions through bank payments while keeping card payments as a fallback, helping them lower costs and operational burdens. This innovation aims to address rising global chargeback costs and improve payment efficiency for high-volume online businesses.

Noda's new BIN-to-Bank solution aims to reduce card payment costs for online merchants. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 27, 2026 17:02 WIB: out of 142 priced US Financials stocks, 63 rose and 64 fell. Notable movers include Lufax Holding Ltd (LU) at USD 8.36 with 0% Sell / 100% Buy order activity, KKR & Co Inc (KKR) at USD 92.89 with 78% Sell / 22% Buy, and Banco Bradesco Sa (BBD) at USD 2.97 with 2% Sell / 98% Buy.

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