Buffer - Fintech Bank & Alternative Banking & Payments Solutions

What is Buffer?

Buffer enables your cardholders to make payments from their current account, even when it is empty, if they have funds available in a second account.

For instance, a customer with separate current and savings accounts can complete purchases on their usual card at times when their current account is empty.

Buffer assesses both accounts, runs an almost instant approval process and completes the transaction with funds from the second account. The customer will barely notice a difference at point of sale – fully frictionless payments.

Buffer is ideal for:

Spending Assets

Companies who want to allow their customers to make purchases using non-liquid assets e.g. cryptocurrency or other non-fiat assets such as gold. Buffer removes the friction around converting non-liquid assets to fiat currency, which means your customer’s assets become useful as a day-to-day currency.

Offering pre-approved credit lines

Companies who need to unlock funds for their customers (e.g. insurers) can use Buffer to settle either small-ticket incidentals or big-ticket bills – it allows them to do so without releasing access to large sums of money.