One Mortgage System (OMS) has integrated with Lopay to offer access to a low-fee payment solution designed to enhance payment flexibility and provide greater financial control for intermediary firms.

Lopay was launched in January 2022 and has worked with a range of small businesses and provided a simple way to control their earnings.

The system enables firms to accept card payments, including Apple Pay and other digital wallets, while providing instant access to funds, eliminating delays typically associated with bank transfers. This feature was designed to appeal to firms targeting a younger audience that values speed and convenience in their financial dealings.

Lopay allows for firms to retain more of their revenue through its low-fee structure, improving profitability and reducing operational expenses.

OMS is an end-to-end platform which covers such a wide range of product areas including residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection, and is integrated with providers – Ignite, Submissions Brain, The Source, Twenty7Tec, iPipeline, Hometrack, Experian, Equifax, Uinsure, Air Sourcing and Knowledge Bank.

Managing director at OMS, Neal Jannels, said: "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."

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