The future of finance is happening now and for SaaS companies in New Zealand, Open Banking isn’t just another tech trend. It’s a powerful opportunity to create smarter, more secure, and more valuable customer experiences.

As the conversation around Open Banking heats up across New Zealand in 2025, forward-thinking SaaS businesses have a unique chance to lead. This isn’t about the technology itself, it’s about the value Open Banking can unlock: simpler payment experiences, lower costs, better security, and new growth opportunities.

At Qippay, we’re here to help Kiwi businesses not just adapt to change but drive it.

Why Now? The SaaS Opportunity

SaaS companies are built on one principle: removing friction. Whether it's onboarding, billing, or account management, great SaaS businesses make life easier for their customers.

Open Banking fits this mindset perfectly. It allows SaaS companies to:

• Simplify payments and onboarding

• Reduce costs and improve margins

• Offer better security and trust to users

• Enable faster, real-time insights and reconciliation

And with the cost-of-living crisis sharpening the focus on value and trust, now is the perfect time for SaaS businesses to lead the change.

Example: In the UK, platforms like GoCardless have leveraged Open Banking to offer seamless direct debit collections, reducing payment failures and costs for thousands of SaaS companies.

Real Benefits for SaaS Companies

Here’s how Open Banking delivers real, tangible advantages to New Zealand SaaS businesses:

Fewer Clicks, Higher Conversions Offer faster, simpler checkout and payment experiences. Less friction means better customer satisfaction and improved conversion rates.

Lower Costs, Higher Margins Avoid expensive card fees. Open Banking payments are direct and cost-effective, giving your business better margins and your customers better value.

Simpler Reconciliation, Smarter Growth Real-time payment confirmation means no more chasing payments or dealing with complex reconciliations. Get clearer cash flow visibility and make smarter scaling decisions.

The Most Secure Way to Pay Bank-grade authentication, no card data stored, and full transaction transparency build trust with every payment.

Built for Scale Open Banking solutions scale with your SaaS business, supporting rapid growth without the bottlenecks of outdated payment methods.

How SaaS and Open Banking Work Together

Example: Stripe has embraced Open Banking across Europe, providing more flexible checkout options for SaaS clients who want to serve broader, digitally native audiences.

Why Partner with Qippay?

At Qippay, we’re not just adapting to change, we’re building it.

We are proud to be New Zealand’s leading Kiwi-owned Open Banking provider, offering future-ready financial services that are simple, secure, and better value for Kiwi businesses today and tomorrow.

When you work with Qippay, you get:

• Simple Integration: Fast, easy set-up to start accepting Open Banking payments.

• Secure Infrastructure: ISO-compliant, bank-grade security you and your customers can trust.

• Affordable Pricing: Keep your costs low and your margins healthy.

• Kiwi Support: Local knowledge, local service, and solutions built for New Zealand businesses.

Open Banking isn’t just the future. It’s today's smartest way to deliver better experiences, drive deeper trust, and grow smarter.

Final Thought

As Open Banking becomes a bigger part of New Zealand’s financial future, SaaS companies have a once-in-a-generation chance to lead by example — by making payments simpler, smarter, and safer.

At Qippay, we’re ready to help you make the most of it.

Don't let legacy payments hold you back. Discover how Qippay can help your SaaS business deliver smarter, simpler, and more secure financial experiences that Kiwi customers expect — today and tomorrow.

Would you like to find out more or book a demo? Please Get in Touch