PayKey is a Social Banking Solution that enables your customers to access a variety of financial services within any social network and messaging app by utilizing the mobile keyboard.
With PayKey, everyday banking becomes simple and frictionless. Users enjoy trusted, instantaneous and contextual services, such as money transfer, while chatting with friends and family. No need to open and onboard a dedicated app – your banking button on the keyboard enables seamless access from all communications apps, driving a seamless, intuitive baking experience.
Implementing PayKey will help position your bank as an innovation leader. More importantly, it will keep your brand and services constantly in front of your customers, increasing brand awareness and usage frequency – especially among Millennials (adults aged 18-35). It also serves as a strategic driver for promoting mobile banking services. Furthermore, with PayKey, you can regain P2P transactions that are now lost to digital wallets and other dedicated solutions.
No. With PayKey, banks can offer users instant access to additional banking services, such as a balance check, cardless cash withdrawals and more. Basically, any service that is offered in your mobile app can be accessed through PayKey mobile banking keyboard.
With PayKey, you can offer users instant access to any banking service available through your mobile app. Some examples are: balance check, account information, sending and requesting money, sharing account details, instant deposit to a saving account, accessing promotions and more.
PayKey is an app-agnostic solution: it can be used within ANY app that uses a keyboard, including social and messaging apps such as WhatsApp, Facebook Messenger, Line, Viber, Kakao and even TikTok.
Yes. Upon integration, all users of your app have immediate access to the PayKey Banking Keyboard.
PayKey is a white label solution. At its core is the patented Mobile Banking Keyboard, customized for each of our customers to include their unique branding, payment flow and additional services. You will receive the keyboard as an SDK that easily integrates into your existing mobile app. There are no backend components, and no backend integration is required.
PayKey is not involved in the actual transfer of funds, and the entire transaction is handled by the bank. PayKey simply adds a unique front user interface to the existing P2P transaction flow that already exists in your mobile banking app. Any functionality that exists in your P2P transaction can be brought into the keyboard, including adding a greeting, sending payment slips and even scanning a QR code. Moreover, any authentication method required by the bank can be brought into the keyboard.
PayKey is available for both iPhones and Android devices. On iOS we support OS 9 and up, on Android we support API level 14 and up.
Users do not need to download the keyboard: it’s automatically added to their phones once they download your app or update it.
The Banking Keyboard™ is automatically added to a user’s device upon installation or update of your mobile app. We recommend including in-app promotions to notify users that the keyboard is available to them, as well as providing instructions for keyboard activation.
Changing a keyboard is simple and quick. The user only has to select the Banking KeyboardTM once in his or her device settings. From that point on, the keyboard is always available to them, from any app.
We believe that one of the most important factors of a successful implementation is that the Banking Keyboard becomes the user’s default keyboard. In order to make this happen, we have developed a keyboard that meets the highest industry standards in terms of performance and functionalities. This includes multiple features that enhances the typing experience, such as:
• Automatic spelling correction
• Next word suggestion
• Personal dictionary
• Emoji suggestion
• Glide typing
• Stickers
• GIFs
Integrating the PayKey solution is done relatively quickly, as it requires no backend integration and builds upon your existing mobile app APIs. Initially, we will provide you with guidelines to design your keyboard banking experience and work with you to provide your customers with a great user experience. Once all requirements are clear, we will begin developing your bank’s keyboard and work to deliver your customized SDK, to be integrated into your app.
The duration depends mainly on the number of services that will be offered in the keyboard and on the complexity of the design. We are typically able to finish the integration within 30 to 60 days.
The main requirement is designing your bank’s service flows. Based on these flows, the SDK is customized and the programming interface between the keyboard and the app is developed. Just as important, you should create a promotion plan of the keyboard to its customers, as part of the user onboarding process.
The PayKey solution is as secure as your app. Since the solution is based on an SDK integration with the bank’s mobile app, it becomes an integral part of the app, hence supporting the same security characteristics. The Banking Keyboard typically doesn’t initiate any networking activities, thus being totally resilient to breach threats.
PayKey enables each bank to dynamically personalize its authentication method based on a variety of parameters, such as user characteristics, transfer amount, total periodic volume, etc. Obviously, all main authentication methods are supported, including pin code, pattern, touch ID, face ID, etc.
All transaction data is managed by the bank. PayKey doesn’t view or store any data. No information is sent externally.
Our business model is based on an annual software license subscription fee. A one-time integration fee is charged for the customization itself.
The PayKey Social Banking Solution is unique and protected by a US patent. Over time we have seen some attempts by banks and vendors to develop similar solutions. None of these solutions reached product maturity in terms of:
• Keyboard performance and typing features
• Variety of supported financial services
• Customization options
At PayKey, we have an entire R&D team dedicated to ensuring that our keyboard provides your customers with an excellent typing experience. Our team is continuously working to improve our keyboard and introduce new functionalities and capabilities that will further enhance the user’s typing experience.
Each bank’s keyboard is unique to the bank’s mobile app and only provides the services defined by that particular bank. If several keyboards are available in your territory and certain customers of your bank also have accounts with another bank that has launched a keyboard, your customers will have both keyboards on their phone and will be able to activate both of them and switch between them as needed.
The PayKey Social Banking Solution is unique and protected by a US patent. Over time we have seen some attempts by banks and vendors to develop similar solutions. None of these solutions reached product maturity in terms of:
• Keyboard performance and typing features
• Variety of supported financial services
• Customization options
At PayKey, we have an entire R&D team dedicated to ensuring that our keyboard provides your customers with an excellent typing experience. Our team is continuously working to improve our keyboard and introduce new functionalities and capabilities that will further enhance the user’s typing experience.
Each bank’s keyboard is unique to the bank’s mobile app and only provides the services defined by that particular bank. If several keyboards are available in your territory and certain customers of your bank also have accounts with another bank that has launched a keyboard, your customers will have both keyboards on their phone and will be able to activate both of them and switch between them as needed.
PayKey is a Social Banking Solution that enables your customers to access a variety of financial services within any social network and messaging app by utilizing the mobile keyboard.
With PayKey, everyday banking becomes simple and frictionless. Users enjoy trusted, instantaneous and contextual services, such as money transfer, while chatting with friends and family. No need to open and onboard a dedicated app – your banking button on the keyboard enables seamless access from all communications apps, driving a seamless, intuitive baking experience.
Implementing PayKey will help position your bank as an innovation leader. More importantly, it will keep your brand and services constantly in front of your customers, increasing brand awareness and usage frequency – especially among Millennials (adults aged 18-35). It also serves as a strategic driver for promoting mobile banking services. Furthermore, with PayKey, you can regain P2P transactions that are now lost to digital wallets and other dedicated solutions.
No. With PayKey, banks can offer users instant access to additional banking services, such as a balance check, cardless cash withdrawals and more. Basically, any service that is offered in your mobile app can be accessed through PayKey mobile banking keyboard.
With PayKey, you can offer users instant access to any banking service available through your mobile app. Some examples are: balance check, account information, sending and requesting money, sharing account details, instant deposit to a saving account, accessing promotions and more.
PayKey is an app-agnostic solution: it can be used within ANY app that uses a keyboard, including social and messaging apps such as WhatsApp, Facebook Messenger, Line, Viber, Kakao and even TikTok.
Yes. Upon integration, all users of your app have immediate access to the PayKey Banking Keyboard.
PayKey is a white label solution. At its core is the patented Mobile Banking Keyboard, customized for each of our customers to include their unique branding, payment flow and additional services. You will receive the keyboard as an SDK that easily integrates into your existing mobile app. There are no backend components, and no backend integration is required.
PayKey is not involved in the actual transfer of funds, and the entire transaction is handled by the bank. PayKey simply adds a unique front user interface to the existing P2P transaction flow that already exists in your mobile banking app. Any functionality that exists in your P2P transaction can be brought into the keyboard, including adding a greeting, sending payment slips and even scanning a QR code. Moreover, any authentication method required by the bank can be brought into the keyboard.
PayKey is available for both iPhones and Android devices. On iOS we support OS 9 and up, on Android we support API level 14 and up.
Users do not need to download the keyboard: it’s automatically added to their phones once they download your app or update it.
The Banking Keyboard™ is automatically added to a user’s device upon installation or update of your mobile app. We recommend including in-app promotions to notify users that the keyboard is available to them, as well as providing instructions for keyboard activation.
Changing a keyboard is simple and quick. The user only has to select the Banking KeyboardTM once in his or her device settings. From that point on, the keyboard is always available to them, from any app.
We believe that one of the most important factors of a successful implementation is that the Banking Keyboard becomes the user’s default keyboard. In order to make this happen, we have developed a keyboard that meets the highest industry standards in terms of performance and functionalities. This includes multiple features that enhances the typing experience, such as:
• Automatic spelling correction
• Next word suggestion
• Personal dictionary
• Emoji suggestion
• Glide typing
• Stickers
• GIFs
Integrating the PayKey solution is done relatively quickly, as it requires no backend integration and builds upon your existing mobile app APIs. Initially, we will provide you with guidelines to design your keyboard banking experience and work with you to provide your customers with a great user experience. Once all requirements are clear, we will begin developing your bank’s keyboard and work to deliver your customized SDK, to be integrated into your app.
The duration depends mainly on the number of services that will be offered in the keyboard and on the complexity of the design. We are typically able to finish the integration within 30 to 60 days.
The main requirement is designing your bank’s service flows. Based on these flows, the SDK is customized and the programming interface between the keyboard and the app is developed. Just as important, you should create a promotion plan of the keyboard to its customers, as part of the user onboarding process.
The PayKey solution is as secure as your app. Since the solution is based on an SDK integration with the bank’s mobile app, it becomes an integral part of the app, hence supporting the same security characteristics. The Banking Keyboard typically doesn’t initiate any networking activities, thus being totally resilient to breach threats.
PayKey enables each bank to dynamically personalize its authentication method based on a variety of parameters, such as user characteristics, transfer amount, total periodic volume, etc. Obviously, all main authentication methods are supported, including pin code, pattern, touch ID, face ID, etc.
All transaction data is managed by the bank. PayKey doesn’t view or store any data. No information is sent externally.
Our business model is based on an annual software license subscription fee. A one-time integration fee is charged for the customization itself.
