Open banking payments

Payments that simply flow

Reduce friction, fight fraud and cut costs with open banking payments.

Credit/Debit card
Manual bank transfer
Other
Recommended
Instant bank payment
Fast, safe and secure
Authenticate using your bank app
No need to enter your card details
Pay now
Account connected
Pay instantly
Payment successful
£500.00

How can I use open banking payments?

Instant pay-ins

Let customers top up their accounts, purchase products and send money. In seconds.

Merchant account

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
Recommended
Instant bank payment
Fast, safe and secure
Authenticate using your bank app
No need to enter your card details
Pay now
Payment conversion rate
Identity details
Full name
Vivian Pierce
Account No.
8964 2245
D.O.B"
12 Nov 1984
Address
23 Fitch Drive
Brighton
BN24HX
Hotel reservation
-£58.96
Car insurance
-£8.96
Money transfer
-£9.99
Flight refund
-£42.69
Train tickets
-£19.99
Payment successful
£500.00
New feature

Payment links

Let your customers make payments via multiple channels, including text, email, social or in-store. Payment links is the fastest way for you to create a payments page and start accepting instant payments right away.

Payments links UI

Power up your payments

Get more from Payments with our add-ons.

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.

Charlie Masters, Payments Product Manager, Nutmeg

Charlie Masters,

Product manager

Experience the user journey

User starts the checkout process

Your basket
null
Red blazer
£70.00
1
null
Navy sweatshirt
£40.00
1
Shipping
Free
Total
£110.00
Go to checkout
Payment method
Recommended
Instant bank payment
Fast, safe and secure
Authorise in your bank app
No need to enter details
Pay now
Manual bank transfer
Credit/Debit card
Other
Select your bank
Search your bank
Barclays
HSBC
Lloyds
Monzo
NatWest
RBS
Revolut
Santander
Authenticate ID
Success
Your payment was successful and your order is complete
Amount
£110.00
ID
#TL0023
Beneficiary
LoveYourClothes
Continue shopping

Integration toolkit

Everything you need to build faster with TrueLayer.

null

Payment UIs

Optimise conversion with our plug-and-play embedded payment page and hosted payment page.

null

Platform plugins

Add bank payments to your online shop with our WooCommerce and Magento plugins.

null

Mobile SDKs

Build a smoother mobile payments experience with SDKs for iOS and Android.

null

Libraries

Explore our backend libraries in Java, PHP, C# and Javascript/Node.

Go to docs

Experience the refund journey

The user selects the item they want refunded

Your orders
null
Red blazer
£70.00
1 item
null
Navy sweatshirt
£40.00
1 item
Shipping
free
Total
£110.00
Refund
Refund
null
Red blazer
£70.00
1 item
Instant bank payment
Change
It’s safe, secure and fast.
HSBC account **** 5678
Next
Success
We’ve sent your refund
Amount
£70.00
Beneficiary
Julie Smith
Done

Explore TrueLayer for your industry

Get started

Talk to us

We're here to help you make the most of open banking payments.

Start building

Create an account now to explore our APIs.

Sign up

FAQs

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.

Want to learn more about open banking payments?

Two debit cards
10 Dec 2021

Credit and debit card fees and how to reduce them

If you accept credit or debit card payments, these will incur several transaction fees. Find out how to keep costs to a minimum.
Payment graph moving upwards
3 Nov 2022

Charting the rise of open banking payments: are consumers using them?

A deep dive into the important statistics, charts and stories behind the growth of open banking consumer adoption.
Hand interacting with a phone that shows multiple bank accounts
8 Apr 2022

What is account aggregation?

Account aggregation brings multiple bank accounts into one streamlined view. So how does it help businesses and consumers manage their money better?
line graph that's moving upwards surrounded by a data chain, coins, files and folders
23 Feb 2022

What are the benefits of open banking for businesses?

How companies across the UK are unlocking the benefits of open banking.