BooDil

Boodil is an innovative payment platform that leverages open banking technology to offer secure and seamless transactions. By utilizing customers’ bank details, Boodil enables instant payments without needing to store card information, enhancing security and user convenience. The platform also incentivizes customers by rewarding them with redeemable points, prizes, and exclusive prize draw entries for their purchases. With customizable payment portals and QR codes for in-person payments, Boodil reduces payment friction, providing businesses with instant access to funds and a more streamlined checkout process. This approach not only improves the payment experience but also engages consumers through attractive rewards and incentives.

• Year Founded: Founded in 2022, Boodil is a relatively new player in the financial technology space but has already made significant strides in revolutionizing digital payments.
• CEO: Under the leadership of CEO Harry Luscombe, Boodil is committed to offering innovative and secure payment solutions that benefit both consumers and businesses.
• Headquarters: Based in Manchester, Boodil leverages its strategic location to develop and expand its innovative payment solutions across the UK and beyond.

Why Choose Boodil?

1. Reward Points:

• Engagement through Rewards: Every transaction made through Boodil earns users points that can be redeemed for various rewards and prizes. This gamified approach makes spending more engaging and rewarding for consumers.

2. Simplified Payments:

• Seamless and Secure: Boodil offers a payment process that is both seamless and secure, eliminating the need for card information. By using open banking technology, transactions are processed directly from users’ bank accounts, enhancing security and reducing fraud risk.

3. Lower Rates for Businesses:

• Cost-Efficient Transactions: For merchants, They offers lower transaction rates, faster settlement times, and reduced fraud and chargeback rates. These benefits make Boodil a cost-effective and efficient payment solution for businesses.

4. Consumer Engagement:

• Gamified Spending Experience: Boodil’s unique approach to consumer engagement includes gamification elements that make the spending experience more exciting and interactive. This not only attracts new users but also retains existing ones.

5. Innovative Technology:

• Cutting-Edge Solutions: It continuously updates its platform with the latest technology to improve the user experience. This commitment to innovation ensures that both consumers and businesses benefit from the most advanced payment solutions available.