We're working with Incomeing, a service that helps businesses request customer payments through a simple app, so they can get paid on time, boost their cash flow and reduce financial admin.
As an ethical bank, we're committed to supporting small and micro businesses at the heart of our local economies. That's why The Co-operative Bank has partnered with Incomeing, a third party who provides a cost-effective, simple and secure app to help you get paid faster.
Co-operative Bank customers can register for a three-month free trial of the service, after which, a standard fee of 20p per transaction will apply, that's only payable if you get paid. Please visit Incomeing for full details.
First, you will need to grant MoneyHub Financial Technology Ltd. access to your account. BankiFi and Moneyhub are working together to provide open banking services.
To do this:
You will still have access to the Incomeing app, but until you complete the following steps, you will not be able to send any requests to pay.
To grant access to Moneyhub Financial Technology Ltd.:
"The “Incomeing" service is provided by BankiFi Technology Limited ("BankiFi"). BankiFi is regulated by the Financial Conduct Authority under Financial Services Register number under 926574 as a PSD Agent of MoneyHub Financial Technology Limited. Registered in England and Wales Number 10696778. Registered office: 17 St Ann's Square, Manchester, United Kingdom, M2 7PW. Terms and Conditions apply to use of the Incomeing service – https://www.incomeing.co.uk/terms-of-use. How BankiFi process your personal information together with your rights is explained here – https://www.incomeing.co.uk/privacy-notice. The Co-operative Bank PLC does not provide and is not responsible for the "Incomeing" service. It has no liability whatsoever for any consequences, which may occur directly or indirectly, from your use of the "Incomeing" service".
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