MWC Partners Complete First Open Banking Integration with Fumopay and Cegid Retail

5 Mar 2026

MWC Partners have successfully completed their first Open Banking integration, connecting Fumopay’s account-to-account payment solution with Cegid Retail in a proof of concept. This milestone demonstrates how Open Banking can transform retail payments – delivering faster settlement, reducing fraud risk, and lowering transaction costs.

Open Banking enables direct bank-to-bank payments, removing the need for traditional card-based intermediaries and giving retailers a secure, cost-effective alternative to traditional card processing. Benefits include instant settlement, reduced fraud and chargebacks, lower transaction fees, and improved overall payment efficiency.

To pay using Fumopay, the cashier selects the Fumopay option at the POS and enters the customer’s email address, triggering the MWC payment connector to securely send transaction details to Fumopay. The customer then receives a unique payment link by email, selects their bank, and authorises the payment through their mobile banking app. Once approved, confirmation is instantly returned to the POS, allowing the transaction to be completed quickly and securely. The entire process is fast, secure, and intuitive for both staff and customers.

Kevin Ludford, CEO of Fumopay, said:
“We’re delighted to have partnered with MWC on this proof of concept. Together, we’re excited to showcase alternative, non-traditional payment methods to Cegid customers and demonstrate the advantages these innovative payment options can offer.”

As a long-standing POS-payment integration specialist, MWC Partners have the experience and expertise to develop bespoke integrations between POS systems and a wide range of payment solutions. Get in touch to discuss how we can help you integrate your payment software with leading POS platforms.