MoneyDuct Information

The new PSD2 regulations for retailers are due to come into force within the next 6 months and will impose much-added regulation onto retailers in terms of additional consumer payment authentication steps. The PSD2 regulations will most certainly increase cart abandonment for online retailers, decrease onsite card payment completions and in general, frustrate the retailer goal of a frictionless purchase experience for their consumers. MoneyDuct solves this impending problem.. Our Payment Initiation Service Platform (PISP) addresses this PSD2 dilemma for retailers by side-stepping (and reinventing) the very convoluted payment process that the imminent regulations will create. MoneyDuct will also significantly reduce payment commissions on payment transactions, creating a dual win for both the retailer and also the consumer. MoneyDuct has a fantastic software development team and an experienced team of business development advisors and is well underway to developing our MVP and securing anchor retailers for our platform. MoneyDuct is currently seeking investment to continue to build our platform to offer a range of additional services to our retailers and consumers and also value-added services to existing FinTech payment providers. Check out www.moneyduct.com