OMS has announced a new partnership with Lopay to offer access to a low-fee payment solution.

Lopay’s tool offers payment flexibility and provides financial control for intermediary firms.

The system enables firms to accept card payments, including Apple Pay and other digital wallets, while providing instant access to funds and eliminating the delays typically associated with bank transfers.

FEE STRUCTURE

Lopay says it offers a low-fee structure, which allows firms to retain more of their revenue, improving profitability and reducing operational expenses.

Since its launch in January 2022, Lopay has empowered small businesses—from taxi drivers to market traders—by providing a simple, cost-effective way to control their earnings, it claims.

Neal Jannels, managing director of One Mortgage System (OMS), said: “By integrating with OMS, Lopay now brings its award-winning solution to the mortgage intermediary sector.

“This partnership will provide brokers with an efficient tool to manage cash flow, lower costs, and better meet their clients’ needs. We expect this to be a highly popular addition to our platform.”