Remittance with TrueLayer

Onboarding new customers is hard. 4 in 10 would-be new users don’t complete the signup process, which is often manual and time consuming. Reinvent the way you onboard with a solution that delivers KYC- and AML-compliant signup in seconds. A few clicks, a biometric scan, your customer's first payment, and there you have it: a fully onboarded customer.

Customers won’t settle for a clunky experience. Cards take three to five days to settle. With Pay by bank, your customers use their bank app to deposit and withdraw currency quickly and easily. No more friction, no more plastic — just the instant experience users want.

Processing card payments is expensive and settlement can take days. Move more of your customers’ payments to Pay by bank and save upwards of 40% on operational costs. Plus, it helps you build resiliency and better adapt to rapid changes in the environment like outages and card network failures.

Fraud damages both your reputation and your bottom line. Protect your business and your customers by leveraging bank-grade security that people trust. With Pay by bank, your customers authenticate payments through their bank app, so there’s no need to share or store sensitive card data.