16 August 2017
Find out more

Online insurer Zurich Connect takes MyBank payment method

21 February 2014  |  5609 views  |  0 Source: EBA Clearing

Thanks to MyBank, the customers of Zurich Connect in Italy can now pay their insurance premiums via online and mobile banking safely and simply through their bank.

MyBank will allow to all the holders of a current account opened within many banks now enabled to acquirer via online their insurance premiums on Zurich Connect site with just a couple of clicks. By offering MyBank on its website, the online insurer provides its customers in Italy with a convenient and secure payment method based on the online banking environment they know and trust.

The cooperation between Banca Sella, that offers MyBank payment option throughout GestPay Payment Gateway, and the Italian online company Zuritel, owner of Zurich Connect brand, (http://www.zurich-connect.it/), has made possible for the largest insurance company in Italy to offer payments via MyBank.

"MyBank enables online customers to rely on their familiar e- or m-banking environment when buying online. Its high security levels make it an appealing payment option for companies with online business," said John Broxis, Managing Director at MyBank. "In co-operation with payment service providers across Europe, we are working on rolling out MyBank to a growing number of businesses and public administrations in the course of 2014."

"Offering MyBank option to our customers" said Alessandro Bocca, Head of Online Payment at Banca Sella "represents a further step in the pursuit of Banca Sella Group's strategy, whose main purpose is to support its own customers, providing them with all the payment options that buyers consider optimal"

Angela Cossellu, Managing Director of Zuritel SpA said: "Our Company is the first direct company to use MyBank as a payment method. With this new agreement we have made a huge step forward in accomplishing the needs of our customers, which now have an extra payment method to subscribe to our insurance policies."
The MyBank solution for initiating SEPA Credit Transfers went live in March 2013. The majority of participant banks are located in Italy with other MyBank participants being located in France and Luxembourg. The MyBank mandate pilot for SEPA Direct Debits is expected to be available later in 2014.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.eudownload the paper now

Top topics

Most viewed Most shared
hands typing furiouslyBI and Analytics - A New Perspective
10877 views 0 | 2 tweets | 12 linkedin
Coinbase raises $100mCoinbase raises $100m
9953 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9303 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
8997 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8176 views comments | 6 tweets | 21 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job