We’re leading the Pay by Bank revolution
Merchants are trapped by increasing fees and a lack of choice in payment solutions. By joining TrueLayer’s Pay by Bank network, merchants are future proofing their payment tech and bringing operational costs back down to earth.
Trusted by
Europe’s fastest growing Pay by Bank network
1 new user, every 3 seconds
A new user joins the TrueLayer network every 3 seconds meaning businesses get to tap into a rapidly growing user base primed to convert with Pay by Bank.

No more troublesome card networks means...
Lowering payment costs by +40%
Cut out multiple middle-men taking a slice, plus all the costs associated with card fraud and chargebacks. Reinvest the savings and bump up your bottom line.

Increasing AOV by 20%
Taking away any friction at the checkout not only boosts sales but sees returning customers converting at up to 90%.

71% of customers choosing Pay by Bank
With card fraud set to grow by a further $10bn by 2028, give your customers a card-network-free-zone, and rest assured you’ll be watching them use it.

Handling almost half of all UK Pay by Bank payments, and more than 2x the daily volume of our nearest competitors, the TrueLayer infrastructure and technology is tried, tested and built for enterprise businesses.
Plus customers love it
“With Pay by Bank, you don’t have to get up to find your card, or add in any details at all. Frankly, it saves so much time. Plus, because of the biometrics, I trust that the payment method is safe and secure.
Learn moreA Jaja Finance customer
We’re levelling the paying field
Simplicity
Goodbye to 16-digit cards which are slow and were designed for the physical world. Hello to modern digital payments, which are instant and were designed for the consumers and businesses of today.
Safety
No more cards, means no more card fraud. Consumers confirm purchases via the safety of their banking app. Pay by Bank means consumers can also trust the payee is who they say they are, as they’re vetted and onboarded by us before joining.
Choice
Duopolies are bad for business. It’s our mission to bring more competition and choice to the world of payments. We call this levelling the paying field—we do this by pushing for change and driving modernisation.
Checkout, our products.
Cut costs and boost your revenue with the easy, fast and secure way to pay. Streamlined user experiences see 90% of returning customers converting, and a 20+% increase in first-time conversions from the TrueLayer network.
Pay securely from your bank app - no card needed. Learn more

Pay securely from your bank app - no card needed. Learn more

Payment
successful
Payout successful
Set up complete
Solutions. For the change-makers.
Our solutions are clever combinations of products and add-ons which solve specific problems for the payments industry. We take industry challenges and put our world-class engineers and designers to task to solve them.

Add-ons. For the fast-trackers.
Our add-ons turbocharge your business operations, onboarding speed, and personalisation capacity with tools and data that power unforgettable user experiences, and give you real-time visibility of transactions.

Get started
Talk to us
We're here to help you make the most of open banking payments.
Resources

Early adopter or laggard: when is the time to add open banking payments to checkout?

Are we approaching a world without cards?

Open banking and the future of UK retail payments
