What is Buffer?
Buffer enables your cardholders to make payments from their main 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.
Find out more
To find out more about how Buffer can help your business, contact the team
Get started today...
To learn more about what Contis can do for you, contact us.
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© Copyright Contis Group Ltd 2020. Registered in England and Wales number 06499022. Contis Financial Services Ltd is authorised by the Financial Conduct Authority to issue eMoney in the UK (Firm Reference Number: 900025) and is a Principal Member of Visa Europe. In the EEA, the accounts and Visa cards are issued by UAB “Finansinės paslaugos „Contis“ who holds the electronic money institution license No. 53, dated 23-07-2019, issued by the Bank of Lithuania, and is a member of Visa.
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