Wollette Launches WollettePay: One-Tap Open Banking Payments for a Frictionless Future
Wollette, the British technology company transforming commerce, payments, and consumer engagement, has officially announced WollettePay — a groundbreaking one-tap payment system built on open banking rails and set to launch in Q4 2025.
WollettePay introduces the first truly seamless account-to-account (A2A) payment experience, merging the speed and familiarity of contactless card payments with the transparency, control, and efficiency of open banking.
A New Standard for Payments
Until now, open banking payments have lacked the ease and speed of traditional methods. WollettePay changes this by offering:
- Instant, one-tap payments
- Biometric security with no redirects
- Full tokenization and encryption
- Card-free transactions, reducing fraud and fees
- Real-time A2A settlements
“The future of payments is instant, intelligent, and effortless,” said Henry Orunkoya, Founder and CEO of Wollette.
“WollettePay is the first solution to bring open banking up to speed with the card networks. We are giving consumers and merchants a payment experience that is finally as simple as it should be.”
Features of WollettePay
🔹 Contactless Tap & Familiar UX
Consumers pay straight from their bank accounts with the ease of tapping—no cards, no redirects.
🔹 No Card Fees, Lower Fraud
Merchants avoid costly card interchange fees and benefit from strong customer authentication.
🔹 End-to-End Security
Each transaction is secured via biometric verification, tokenization, and end-to-end encryption.
🔹 Omnichannel Ready
Designed for seamless use both online and in-store.
🔹 Plug-and-Play Integration
Robust APIs and SDKs allow smooth onboarding across enterprise platforms, retail POS systems, and DTC checkout environments.
Beyond Payments: Commerce-Driven Innovation
WollettePay is part of a larger commerce ecosystem by Wollette, designed to:
- Sync with accounting and inventory systems
- Generate actionable sales insights via digital receipts
- Enable data-driven loyalty programs and promotions
“We’re not just simplifying payments — we’re rethinking how money moves,” added Orunkoya. “Businesses deserve better than legacy infrastructure, and WollettePay is built to unlock smarter commerce for the next generation.”
Availability and Pre-Registration
- UK Launch: Q4 2025
- EU Expansion: Q1 2026
- Pre-Registration Opens: Early July 2025
Merchants, developers, and platform partners are invited to pre-register to get early access to WollettePay and stay ahead of the payments curve.
Wollette is a UK-based technology company pioneering innovations in embedded finance, commerce platforms, and real-time payment solutions. By combining elegant design with robust infrastructure, Wollette empowers retailers, enterprises, and consumers to engage with money in more intelligent ways.
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