Nuapay Pay by Bank Integration

Key IVR are working closely with Nuapay to deliver cutting-edge Pay by Bank services, empowering business clients with enhanced financial capabilities. This integration allows businesses to offer their customers a modern, efficient, and user-friendly payment experience, improving transaction speed and accuracy.

Pay by Bank takes advantage of the UK’s Open Banking initiative. It offers an alternative to debit and credit card payments for web-based payments and e-commerce checkouts. Clients benefit from real-time account validation and streamlined payment processes, reducing card-not-present (CNP) fraud – as Pay by Bank uses online banking details to verify the payee’s identity.

Find out more about Pay by Bank

How it works

With a dedicated button on a secure Web Payments page, customers can pay in real time by directly transferring funds from their bank account.
Once the customer is ready to pay, the Pay by Bank option will transfer them to their bank to login and authorise the payment.
All details of the payment are encrypted and passed through to their bank so there is no risk of payer error.
Once completed, the payer is returned to the business website to continue their online journey – ensuring a consistent brand and user experience.

About Nuapay

Nuapay is a pioneer of Open Banking and the industry’s leading Account-2-Account payment environment. They securely process over €42bn every year as an outsourcing provider to many of the world’s leading Banks, PSPs and Corporates. Today, they offer partners a fully comprehensive, integrated payment solution that removes all traditional banking inefficiencies and unnecessary costs, saving time, money and resources at every turn.

To view all the supported banks by the Nuapay Open Banking integration please visit: Bank Overview | Nuapay Developer Hub

www.nuapay.com