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Why online retailers are adding TrueLayer payments to their checkout

From driving sales to lowering costs, why do retailers choose TrueLayer?

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Pay by bank phone

Pay by Bank protections: a modern approach

With the continued growth of Pay by Bank, how do we continue to make it the most convenient and safest way to pay?

15 million users milestone

TrueLayer hits latest industry milestone, surpassing 15 million consumers

This latest milestone reflects growing consumer demand for simple, secure ways to pay online without card details.

Hey, I'm Andy from TrueLayer, and I'm going to try and tell you everything you need to know about Pay by Bank—in just ninety seconds. Let’s start the clock. Let’s keep it simple. What is Pay by Bank? It’s a payment method that lets you pay directly from your bank account via your banking app—with zero need for card networks. That could mean buying pizza, paying for flights, or just about anything in between. And it’s actually pretty easy—and very quick. It looks a bit like this: start by tapping the Pay by Bank button, then choose your bank from the list. If you’ve used it before, we can even preselect your preferred bank. You then review the payment, and you’re seamlessly redirected to your bank app to approve it using secure biometrics. That’s Face ID or a fingerprint, to you and me. And that’s it—success. But no time to relax—we're on the clock! Now, this might be the first time you’re hearing about it, but every month in the UK, 27 million payments are made using Pay by Bank. And most people who haven’t tried it yet say they’d be happy to—if given the option. On the merchant side, nine out of ten businesses are already planning to adopt it in one way or another. So what’s in it for businesses? Number one: more potential sales. No cards means no long card numbers, no clunky 3DS2—just a smoother experience from start to finish. And it converts. Number two: because payment details are pre-populated and verified with biometrics, things like card-not-present fraud, chargebacks, and authorized push payment fraud are virtually eliminated. Number three: lower costs. Without all the intermediaries and manual admin, the total cost of Pay by Bank is typically lower than card payments. I'm running out of time—one last benefit: instant refunds. And trust me, shoppers love instant refunds. And breathe. That was a lot to cram into ninety seconds. If you’d like to take your time and learn more about Pay by Bank—and why brands like Just Eat Takeaway, lastminute.com, Ryanair, and Papa John’s already offer it at checkout—you can read our in-depth guide. There should be a link on screen now. And that’s it. Thanks for watching.

Everything you need to know about Pay by Bank in 90 seconds

Get up to speed on Pay by Bank, how it works and its main benefits in just 90 seconds.

Fintech events so far in 2025

Business growth

What’s hot right now: key takeaways from Payment events so far in 2025

What have we learnt from the payment events we have attended in 2025 so far?

5 pay by bank challenges

5 Pay by Bank challenges: myth vs reality

Separating myth from reality on Pay by Bank and the future of the checkout.

TrueTalk – Samith Silva – Header

TrueTalk with Samith Silva, Senior Software Engineer

Learn about Samith's TrueLayer journey, from mental health first aider training to his stint as TrueHack host.

VRP for train operators

Recurring payments

Variable recurring payments for train operators: a better way for passengers to pay

What are the changes that are making VRP possible and why are they important?

TrueLayer partners with Tebex to enter gaming market in landmark Pay by Bank deal

Tebex adds Truelayer’s Pay by Bank to its checkouts in the UK, Germany, France, Belgium & Spain. This signals a shift in how players pay and creators get paid.

Francesca true talk

TrueTalk with Francesca Penazzi, Head of Customer Operations

Discover what first brought our Head of Customer Operations to TrueLayer, and her words to live by.

Pay by Bank scheme

Compliance & reg

Realising the National Payments Vision: A step closer to a Pay by Bank scheme

Find out why we're one step closer to a Pay by Bank scheme.

Pay by Bank report

The Pay by Bank 2025 update is in, here's the TLDR

Find out everything you need to know about the quiet revolution happening at the checkout.

$10 billion TVP in one month

TrueLayer hits $10 billion payments in a single month

TrueLayer is the fastest-growing Pay by Bank network, processing $10 billion payments in April alone.

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