Fena - Recurring Payments

Open Banking

Repeated payments made easy

Collect recurring payments like subscriptions or rent with seamless standing orders built on Open Banking

Improve customer experience

Reduce operational costs

Increase revenue collection reliability

Get in touch

Key Benefits

Everything you need to collect reliably

Designed for businesses that depend on predictable cashflow. Modern rails, transparent pricing, complete control.

Direct payments into your account

Payments are collected from your customer's bank account and sent directly to yours no intermediaries and the full amount arrives into your bank account.

Collect a one-off payment followed by recurring payments

Need to collect a one-off payment before starting repeated payments? Set up a one-off payment collection followed by regular recurring payments.

Collect missed payments with a single request

If a payment is missed and repeated attempts fail, you can generate a one-off payment request to cover the missed payment.

Missed payment alerts

Get alerted when payments are missed. The alerts are available on the Business Portal and via an API.

Predictable costs

We charge a subscription fee for access to this product. You will always know what you'll pay.

Full reporting in our Business Portal

See all your transactions and reporting in one place. Use the Fena transaction dashboard to see insights from your transactions.

Direct payments into your account

Payments are collected from your customer's bank account and sent directly to yours no intermediaries and the full amount arrives into your bank account.

Collect missed payments with a single request

If a payment is missed and repeated attempts fail, you can generate a one-off payment request to cover the missed payment.

Predictable costs

We charge a subscription fee for access to this product. You will always know what you'll pay.

Collect a one-off payment followed by recurring payments

Need to collect a one-off payment before starting repeated payments? Set up a one-off payment collection followed by regular recurring payments.

Missed payment alerts

Get alerted when payments are missed. The alerts are available on the Business Portal and via an API.

Full reporting in our Business Portal

See all your transactions and reporting in one place. Use the Fena transaction dashboard to see insights from your transactions.

Direct payments into your account

Payments are collected from your customer's bank account and sent directly to yours no intermediaries and the full amount arrives into your bank account.

Predictable costs

We charge a subscription fee for access to this product. You will always know what you'll pay.

Missed payment alerts

Get alerted when payments are missed. The alerts are available on the Business Portal and via an API.

Collect missed payments with a single request

If a payment is missed and repeated attempts fail, you can generate a one-off payment request to cover the missed payment.

Collect a one-off payment followed by recurring payments

Need to collect a one-off payment before starting repeated payments? Set up a one-off payment collection followed by regular recurring payments.

Full reporting in our Business Portal

See all your transactions and reporting in one place. Use the Fena transaction dashboard to see insights from your transactions.

Use Cases

Built for any recurring scenario

Designed for businesses that depend on predictable cashflow. Modern rails, transparent pricing, complete control.

Use case 1

Subscription payments

Get paid for your subscriptions using standing orders on Open Banking

Use case 2

Regular top-ups

Use Fena recurring payments for regular top-ups of accounts, pensions or saving pots

Use case 3

Rent collection

Collect monthly or weekly rental payments with Fena recurring payments

Use case 4

Memberships payments

Affordable membership payment collection with ability to set a one-off payment to cover joining fees

Use case 5

Instalments

Collect instalments for courses, treatments or similar with easy setup and reliable execution

Use case 6

Repeated payments

Need repeated payments to cover service charges or other repeated bills? Try Fena recurring payments

How It Works

How does it work for your customers?

Scenario one — Straightforward recurring payments.

Scenario one

Scenario two

× Create recurring payment

Yes

Step 1

Trigger setup

Your customer chooses to trigger recurring payments using fena recurring payments.

Summary

£10.99 × 12

Select bank

Continue

Step 2

Choose bank

They are taken to a page with a summary of payments and the bank selection screen.

Current account

Connected

Monthly payment

£13.55

Confirm

Step 3

Authorise

The customer’s banking app or online banking will be open to confirm the setup.

Payment Successful

Receipt sent via email

Step 4

Confirmation

After the authorisation step, the customer get redirected to the confirmation page.

How It Works

How does it work for your customers?

Scenario one — Straightforward recurring payments.

Scenario one

Scenario two

× Create recurring payment

Yes

Step 1

Trigger setup

Your customer chooses to trigger recurring payments using fena recurring payments.

Summary

£10.99 × 12

Select bank

Continue

Step 2

Choose bank

They are taken to a page with a summary of payments and the bank selection screen.

Current account

Connected

Monthly payment

£13.55

Confirm

Step 3

Authorise

The customer’s banking app or online banking will be open to confirm the setup.

Payment Successful

Receipt sent via email

Step 4

Confirmation

After the authorisation step, the customer get redirected to the confirmation page.

How It Works

How does it work for your customers?

Scenario one — Straightforward recurring payments.

Scenario one

Scenario two

× Create recurring payment

Yes

Step 1

Trigger setup

Your customer chooses to trigger recurring payments using fena recurring payments.

Summary

£10.99 × 12

Select bank

Continue

Step 2

Choose bank

They are taken to a page with a summary of payments and the bank selection screen.

Current account

Connected

Monthly payment

£13.55

Confirm

Step 3

Authorise

The customer’s banking app or online banking will be open to confirm the setup.

Payment Successful

Receipt sent via email

Step 4

Confirmation

After the authorisation step, the customer get redirected to the confirmation page.

Integrations

Integrated with a wide range of platforms and software

Sync fena recurring payments with key ecommerce and accounting platforms.

eCommerce

WooCommerce

Shopify

Magento

OpenCart

PrestaShop

For Accounting

Xero

QuickBooks

Coming soon

Limited Offer

Schedule a demo today to explore OB Standing Orders

Speak to us about fena payment solutions

Talk to Sales

We are eager to help you

We are eager to help you