Today, The Vibe Group has launched VibePay - the social payment app allowing users to get paid back by their friends - to selected members of the Vibe Community.
VibePay is a Payment Initiation Service (PIS), enabling secure direct-from-bank payments via Open Banking technology. In the new consumer app, which is free to download and use, users can create groups for social events and share a unique payment link for friends to pay them back in seconds.
1,000 members of the Vibe Community have been invited to test the app for the first time, and will be able to leave their feedback in the VibePay Community Forum.
Luke Massie, CEO and founder of VibePay said, ‘The phenomenal support from the Vibe Community shows that we’re onto something great with VibePay. Their input has shaped the product we’re releasing today, and we’re excited to work closely with our users to make VibePay the best payments app out there. ’
VibePay has been built as an aggregation layer over the Open Banking APIs to create a bank-agnostic payment gateway. The launch of the VibePay consumer app is the first step of The Vibe Group’s payment journey. VibePay for Business will follow later this year – allowing consumers to pay direct from their bank when they’re shopping online.