PPS, Europe's leading digital banking and payments provider, has officially partnered with the Spanish arm of prestigious banking company, ING. The partnership will focus on ING Spain’s innovative The Way You Pay (TWYP) peer-to-peer programme.

The programme is revolutionising the way people in Spain use money. By enabling customers to load funds on to the TWYP platform via a debit or credit account, they will then be able to make transfers to anyone also using the programme.

This functionality makes it a cost-effective solution for accessing funds. TWYP is linked to a large number of retailers, so is easily accessible for those using the programme and, what’s more, customers can get cashback free of charge at participating retailers. This helps to lower costs for customers, who are typically charged high rates to access their cash at an ATM.

The strategic partnership with PPS as the transaction processor means the platform is now fully integrated with Apple and Google Pay. An innovative three-way partnership, Mastercard is also supporting supports PPS and in turn ING Spain with prepaid cards for users.

"That’s why we partnered with PPS, their extensive knowledge of Xpay solutions has been invaluable in making the TWYP platform even easier to use"

Ray Brash, CEO of PPS, said: “As ING is a large banking partner, we are incredibly proud of this partnership. All three parties are continuing to collaborate incredibly well, seamlessly taking ING Spain’s TWYP programme into its next phase. We look forward to seeing how this partnership develops, reinforcing our position as one of the leading Mastercard issuers and enablers of Apple and Google Pay.”

César González-Bueno, CEO, ING Spain, commented: “At ING, we are continually on the lookout for ways to make payments more convenient for customers. That’s why we partnered with PPS, their extensive knowledge of Xpay solutions has been invaluable in making the TWYP platform even easier to use.”

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