We’re leading the Pay by Bank revolution
Trusted by
Europe’s fastest growing Pay by Bank network
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1 new user, every 3 seconds
A new user joins the TrueLayer network every 3 seconds meaning businesses get to tap into a rapidly growing user base primed to convert with Pay by Bank.
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Discover what you can save with Pay by Bank
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A world without cards means...
Lowering payment costs by 40%
Cut out multiple middle-men taking a slice, plus all the costs associated with card fraud and chargebacks. Reinvest the savings and bump up your bottom line.
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Increasing AOV by 20%
Taking away any friction at the checkout not only boosts sales but sees returning customers converting at up to 90%.
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71% of customers choosing Pay by Bank
With card fraud set to grow by a further $10bn by 2028, give your customers a card-network-free-zone, and rest assured you’ll be watching them use it.
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Handling almost half of all UK Pay by Bank payments, and more than 2x the daily volume of our nearest competitors, the TrueLayer infrastructure and technology is tried, tested and built for enterprise businesses.
Plus customers love it
“With Pay by Bank, you don’t have to get up to find your card, or add in any details at all. Frankly, it saves so much time. Plus, because of the biometrics, I trust that the payment method is safe and secure.
Learn moreA Jaja Finance customer
We’re levelling the paying field
Simplicity
Goodbye to 16-digit cards which are slow and were designed for the physical world. Hello to modern digital payments, which are instant and were designed for the consumers and businesses of today.
Safety
No more cards, means no more card fraud. Consumers confirm purchases via the safety of their banking app. Pay by Bank means consumers can also trust the payee is who they say they are, as they’re vetted and onboarded by us before joining.
Choice
Duopolies are bad for business. It’s our mission to bring more competition and choice to the world of payments. We call this levelling the paying field—we do this by pushing for change and driving modernisation.
Checkout, our products.
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Payments
Cut costs and boost your revenue with the easy, fast and secure way to pay. Streamlined user experiences see 90% of returning customers converting, and a 20+% increase in first-time conversions from the TrueLayer network.
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Payouts
Give your customers the instant gratification of receiving exactly what they want when they want it. Whether it's refunds, winnings, withdrawals or earnings—we send it in seconds.
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Bank on File
Customers can Pay by Bank for subscriptions, bills and one-click payments, via a linked Bank account. Our single API orchestrates the best method for you and your customers. You can talk to our experts about your unique Variable Recurring Payments (VRP— or Bank on file) use case.
For the fast-trackers.
Our add-ons turbocharge your business operations, onboarding speed, and personalisation capacity with tools and data that power unforgettable user experiences, and give you real-time visibility of transactions.
Data
Our real-time Data API add-on helps you create easy, fast, secure and highly-personalised payment experiences.
Verification
Customer verification in the past has meant time-consuming form-filling. Not any more, our powerful Verification add-on does all the checks required.
User Incentives
Pay by Bank boosts business, that’s a fact. Research shows more than 80% of customers would try Pay by Bank with a compelling reward.
For the change-makers.
Our solutions are clever combinations of products and add-ons which solve specific problems for the payments industry. We take industry challenges and put our world-class engineers and designers to task to solve them.
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Signup+
Give your customers the instant gratification of receiving exactly what they want when they want it. Whether it's refunds, winnings, withdrawals or earnings—we send it in seconds.
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Verified Payouts
Customers can Pay by Bank for subscriptions, bills and one-click payments, via a linked Bank account. Our single API orchestrates the best method for you and your customers.
Explore TrueLayer for your industry
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Ecommerce
Pay by Bank is the digital-first payment product revolutionising checkouts. We’re seeing a head-turning 90% of shoppers returning after only using it once.
Travel
Pay by Bank can help you drive conversion rates, build brand loyalty and offer a more secure way to pay.
Get started
Talk to us
We're here to help you make the most of open banking payments.
Resources
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Verified Payouts: the hidden advantage in your payment journey
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What makes a checkout resilient enough for Black Friday/Cyber Monday?
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Everything you need to know about sweeping payments in 2 minutes
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