Let customers top up their accounts, purchase products and send money. In seconds.
Automate reconciliation processes and get full visibility of your payment statuses and details.
Instant withdrawal & refunds
Send instant refunds and withdrawals to your customers. Automatically.
Send and receive payments on the fastest rails in the UK and Europe. Get confirmation the second a payment is submitted, to instantly unlock services or ship goods.
- Instant pay-ins
- Instant withdrawals and refunds
- Real-time payment confirmation
The benefit of TrueLayer over card payments and direct debits is enhanced security, faster payments and a lower cost, which helps Nutmeg to keep our fees low.
User starts the checkout process
The user selects the item they want refunded
An open banking payment, also known as account to account payment and bank to bank payment, allows a customer to pay for something online straight from their bank account. That could be buying a product from an online store, or topping up their account on a wealth management app, pension app or iGaming platform.