Pay by Bank keeps money moving
Pay by Bank is the easy, fast and secure way to pay.
It cuts out cards and all the complication—boosting sales while lowering costs and fraud.
Payments made simple
Payment
successful
Where money flows, business grows
How does Pay by Bank help your business grow?
Boost sales
Pay by Bank means customers simply pay directly from their bank account via their bank app. It takes the friction out of your checkout, and sees returning customers converting at up to 90%.
Lowers cost
Say hello to up to 50% lower fees than cards. Cut out multiple middle-men taking a slice, plus all the costs associated with fraud and chargebacks. Reinvest the savings and boost your bottom line.
Reduces fraud
Fraud associated with cards is set to grow by a further $10bn by 2028. Pay by Bank doesn't use cards. Customers use their own bank’s security, so sensitive data remains private and every payment is safer.
Scales reliably
68% of businesses experience card outages each year and lose income. Our technology and infrastructure are robust and resilient—handling huge volumes without pause, so you can put your foot down.
Why do 90% of customers return using Pay by Bank?
Because it’s the easy, fast and secure way to pay
Easy to use
There’s no messing around with long card numbers, multiple steps, annoying codes or downloading apps. Customers are simply redirected to their bank app and enjoy a streamlined experience.
Faster payment
Funds leave customers’ accounts in real time and arrive instantly. You avoid the pain of waiting 1 to 3 days for cards to settle funds. Goods are shipped without delay and your cashflow stays healthy.
Trust it's secure
Payments are securely authorised with methods customers know and trust. They use their bank’s biometric authentication—face ID and fingerprints
More reliable
No bank cards to lose only to be replaced days later. Card cloning is not an issue. Pay by Bank is also the most reliable option when other payment systems go down.
A user network full of potential
We facilitate over 40% of all Pay by Bank transactions for some of Europe's biggest and most successful businesses.
Huge volumes of customers mean we’re able to create the most optimised and localised user-experiences in the industry.
Customers love the experience, and the growing familiarity with Pay by Bank means we’re seeing up to 90% conversion rates for returning customers.
So every new business joining us benefits from our rapidly expanding, high converting network of users.
Clever features keep money moving
Instant settlements
Pay by Bank settles in your account in real time, keeping your cashflow healthy. Funds are ready to be used immediately. Enjoy fewer frustrating pauses and a faster operating business.
Biometric security
Pay by Bank uses biometric security—face ID and fingerprints and adheres to EU and UK strong customer authentication (SCA) regulations. Payments don't get much safer than this.
Merchant account
Receive and manage all your Pay by Bank transactions in your merchant account. Its clever features put you in the driving seat of your finances and give you full visibility of all the data you need.
Open-banking system
Pay by Bank is powered by open banking. We have more direct relationships with banks than any other provider, giving us greater freedom over product development and responding to your needs.
Purpose-built product
Bank cards were designed for a world pre-internet and are a clumsy and costly retrofit. Pay by Bank is beautifully designed to be the most simple and efficient way to pay online for both businesses and customers.
User-friendly
Pay by Bank is a simple and intuitive experience with minimal steps. After customers have used it once it becomes streamlined and personalised to them. So up to 90% of customers happily use it when they return.
Powerful add-ons keep your business nimble
Turbocharge your business operations and build brand equity with tools and data that help you know your customer, streamline experiences and give you real time visibility of transactions.
We make Pay by Bank easy to integrate for everyone
Whatever your team’s technical capability, we’ve got simple and tailored ways for you to plug in and get going.
Ready-made UIs for apps
We’ve designed and tested beautifully optimised user experiences for mobile. Customers love our easy, friction free mobile payment experiences. Find SDKs for iOS, Android and React Native.
Ready-made UIs for browser
If your customers arrive through a browser, we’ve got highly optimised user experiences for either embedded or hosted payment pages too.
Easy plugins & libraries
Pay by Bank is optimised for WooCommerce, Shopify and Magento. Our library helps you speed up and simplify integration with our tried and tested shortcuts in Java, PHP, C# and Javascript/Node.
A powerhouse console
Console helps you kickstart product integration in easy steps. It arrives with your merchant account set up for you, so you can move at pace and start taking payments immediately.
Console puts you in the driving seat
Ready to put your foot down? Console is brilliantly organised with all the tools and you need to accelerate your business. Breeze through billing, reconciliation breakdowns and download reports from an intuitively designed dashboard. Provide customers with refund updates and payment statuses, all from the one ultra-efficient hub.
Our team helps keep your business flowing
Whatever technical support you need, our friendly team is here to help. As a venture backed business we’re hyper-focused on your success and can work at speed to help you meet your goals.
We have dedicated integration sales managers who are experts in your industry. They lock on to your business needs and proactively scope the best products and features and run tests to ensure you hit the ground running. They rally to meet your targets and troubleshoot any issues along the way.
Our expert team will help you explore how Pay by Bank can help your business grow. Or if you’re ready to start building, just set up an account and take a look at our products right away.
Talk to us
We're here to help you make the most of open banking payments.
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.