Pay by Bank

Fast, secure payments without card fees

Allow your customers to quickly pay and receive money directly from their bank accounts — quickly and securely.

Why offer Pay by Bank?

Give your customers a fast, safe way to pay.

Lower transaction costs

Reduce payment acceptance costs by up to 40% compared to credit cards.

Offer consumer incentives

Turn savings into loyalty by opting to pass cost savings on to customers in the form of cash back and rewards.

Reduced fraud & chargebacks

Transactions are authenticated directly via the customer’s bank, leaving fewer opportunities for synthetic ID or friendly fraud.

Pay by Bank use cases

Ideal for recurring payments, high-value transactions, and compliance-critical industries.

Bill payments

Enjoy savings on healthcare, utility, and other bills that carry high transaction values. Avoid costly processing fees associated with card networks.

Funding new accounts

Let your customers easily fund their new bank account or digital wallet, eliminating the need to manually complete bank transfer forms.

E-Commerce

Lower fees, chargebacks, and fraud. Pass savings on to customers to increase conversion and build loyalty.

Property management

Improve payment timeliness and reduce administrative burden with a digital rent collection payment process that tenants will love.

How it works

Step-by-step guide

1
Consumer links bank account
2
Consumer logs into bank account via bank platform
3
Consumer confirms payment
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