Pay By Bank is still new within the payment industry, and we’re focused on delivering solutions that are there to benefit you on every level, so let’s clear up any of the questionable areas of this innovative payment method.
Pay by Bank is powered by the Open Banking initiative. It allows customers to pay with a bank-to-bank transfer on their desktop, mobile, or using their banking app, without the need to remember sort codes or account numbers. They simply select their bank, verify their identity using online banking details, and choose the account to pay from. Funds are sent and received straight away.
5 Things You Need To Know About Pay by Bank:
28th September 2023 – 10am
Join our CCO, Mark Kelly and discover how Open Banking powered payments are helping organisations generate revenue without the need for debit or credit cards.
Written by Mark Kelly
Chief Commercial Officer