Pay by Bank. Your best investment yet

We lead payments innovation in financial services by helping businesses adopt easy, fast, safe and flexible ways for customers to manage their money, cutting operational costs in the process.

Woman in a purple dress smiles at her phone while walking in a city. Overlay shows a payment notification of £100.00 and "Pay by Bank" option.

How is Pay by Bank boosting bottom lines?

Across the financial service sector, Pay by Bank is having a profoundly positive impact on business. By cutting out complicated card networks, we’ve also cut-out the high fees associated with them.

We’ve eradicated time-consuming manual data input for customers and created smooth payment journeys that feel easy and intuitive. This helps create great products that customers love using.

80%
Share of checkout with Pay by Bank
40%
Higher conversion with Pay by Bank versus cards
18%
Increase in AOV with Pay by Bank
36%
Reduction in costs with Pay by Bank

Cut costs

Pay by Bank doesn’t rely on card networks, helping you save on transaction fees and streamline your operational processes.

Faster settlement

Payments made via cards or BACs can take up to five days to settle, with Pay by Bank, settlement is instant.

Resilience

Pay by Bank has a higher payment acceptance rate thanks to zero manual data entry and biometric security inherent in bank apps.

Reduced fraud

Biometric authentication means peace of mind for your customers and reduced fraud and chargeback costs for you.

We’re market leaders in innovation

"Pay by Bank" logo centered, surrounded by various colorful banking and financial app icons on a dark background.

Digital-first innovation

We’re at the forefront of digital-first innovation in financial services. We work in every sector from digital banks and insurers to loans and investment companies. We create simpler, safer and faster payment technologies that work harder for merchants.

A fairer system

As a market leader, we’re recognised for our influence on frameworks like the National Payments Vision. With more direct bank connections than most, and eMoney licence, we reduce costs and improve reliability, avoiding inefficiencies caused by intermediaries.

Merchant-first innovations

Our innovative solutions are tailored to specific merchant needs. We proudly pioneered Pay by Bank in financial services. And we’re at the forefront of exciting new technical capabilities such as Variable Recurring Payments (VRP).

Responsive

In an unpredictable world we respond fast with innovations that help businesses adapt and offer their customers better choices. We prioritise our merchant partnerships and proactively solve issues with banks.

Say hello to Variable Recurring Payments (VRP)

VRP is the next exciting stage in Pay by Bank, it offers more flexibility, as well as speed, security, and efficiency as standard. Customers can set up repeat payments of varying amounts, as well as maximum payment amounts, change collection dates and make instant payment cancellations.

We all know financial obligations can be stressful, VPR helps protect people against failing to meet payment dates. And by giving more control to the customer, we’re helping them feel more confident, and boosting brand loyalty as we go.

Graph showing monthly active users from February to May, increasing to 12,123. Text reads "Recurring payments" and "To pay every month £100.00".

By offering variable recurring payments, we’ve given our customers greater flexibility in managing their card repayments. This allows them to adjust their payments based on their changing financial situation, without the stress of fixed amounts or time delays. It’s been a win-win helping our customers manage their commitments more comfortably while also fostering trust and loyalty

In 2025 VRP will launch in regulated industries

So far VRPs have been limited to me-to-me payments, such as moving money from your current account to your savings account, also known as sweeping payments.

New legislation changes mean consumers will now be able to make variable recurring payments to regulated financial services. So it’s good news for investments, insurance and debt management, mortgages and pensions.

Man in a black hoodie, surrounded by abstract shapes and logos on a dark background.

Why do 40% more investors convert with Pay by Bank ?

Man with tattoos using a laptop outdoors, next to a graph showing a 48% increase in conversions from January to April.

Instant payments

Often customers can’t afford to wait for their money to move. Pay by Bank moves money instantly, so you catch market movements in the moment.

Secure by design

Biometric security in bank-apps means customer data and funds are always secure. No card details to remember or store online.

Easier management

Customers can set maximum payment amounts, collection dates and make instant cancellations, which helps them respond to life.

Easy to use

The user experience has minimal steps, utilising customers’ bank apps where authentication of payments happens seamlessly via FaceID.

Smart add-ons for even more speed and security

Why choose to work with us?

A woman working at a computer with a new message notification

Direct integration

Simple, transparent, fast and 100% API based. Our range of options include SDK’s and HPP’s and all the one-to-one support you need.

Local expertise

We’re experts across Europe with nuanced understanding of user behaviour by region. Our designs are customised and optimised for the people using them.

Agile and adaptable

We are adaptable, move fast without needing to go up a command chain for approval. We can help you innovate at pace and respond to any challenge.

Get started

Talk to us

Our teams are on hand to advise and answer your questions.

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Want to learn more?

SoC
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