For transfers from one of my own accounts to some other account (another one one of my own or someone elseâs) Iâm not sure.
When I tried payment initiation in Yolt a while ago I didnât see much value because it required being transferred to the bank app to authenticate every single transfer.
It left me wondering why not just start in the bank app
I suppose the only potential value in could see is if I could maintain a master payees list inside the aggregator (i.e. inside Emma) instead of having to create payees inside each bank app I use.
If it were possible do payments without having to be diverted to the bank app every time it would be more appealing for me.
Iâm all for new features but I find it easier just to initiate a transfer in my bank. To initiate from Emma wouldnât give me anything further and Iâm more likely to open my banking app than Emma to do banking.
Is there anything ahead of this on your roadmap that youâve been considering @edoardomoreni?
What I think would be really interesting in the future is triggered/rule-based transactions - e.g. see flowyour.money. I guess the link you shared suggests that might be possible in the future via open banking, but not yet.
TBH, I have enough apps for payments. I would prefer Emma stuck to its core product. Doing payments opens up a huge commitment in operations, support & engineering resource that you guys could probably do without (especially for the tiny margins). People get a bit (unsurprisingly) funny when their money doesnât arrive where its supposed to when its supposed to, as opposed to their budget being out of date by a day or two.
It will only support P2P payments, so you will be able to request money to anyone via a link and send money to your friends in Emma. You will be able to find them either via your contacts or user handle.