TrueLayer Blog: payments advice, news & Insights

Blog

Pay by Bank in action: how to build a high-performing Pay by Bank checkout experience

The ultimate guide to designing a Pay by Bank experience that customers actively choose time and time again.

high performing pay by bank cover

Featured articles

VRP is back on the agenda

Recurring payments

What does 2026 hold for VRP?

Find out why VRP (AKA Bank on file) is set for a new wave of use cases in 2026.

What is Pay by Bank header

The complete guide to Pay by Bank: what is it and how does it work?

The complete guide to Pay by Bank, the fast-growing online payment method, offering an alternative to cards. Should your business be offering it at checkout?

The TrueLayer Network explained

Everything you need to know about the TrueLayer Network in 90 seconds

Find out how the TrueLayer Network is changing Pay by Bank from a simple checkout option into a conversion engine.

Viewing:

A woman with long hair, wearing a pink top and lanyard, is featured next to "True Talk" text. Title: "Surya Pandian, Senior Software Engineer."

TrueTalk with Surya Pandian, Senior Software Engineer

Discover what a typical day looks like for TrueLayer's Senior Software Engineer Surya.

A person using a smartphone with a payment app interface showing transactions and a recurring payment setup of £100.00/mo.

Recurring payments

The future of recurring payments? What lenders need to know about sweeping

What are the challenges facing lenders when it comes to recurring payments, and how can sweeping VRP help?

TrueTalk with Pasquale Morelli, Senior Brand Designer

Pasquale Morelli, Senior Brand Designer at TrueLayer, shares his journey, creative philosophy, and the power of design to shape perception and drive impact.

Stripe and TrueLayer

Stripe and TrueLayer Partner to launch Pay by Bank integration in France and Germany

Stripe and TrueLayer expand their partnership from the UK to France and Germany.

Signup+ problem education article-Cover

The friction trap: how traditional onboarding methods are holding iGaming operators back

The four biggest reasons why onboarding and first-time deposits are so painful, and what you can do about it.

Signup+ TrueLayer benefit article-Cover

Why iGaming operators are turning to TrueLayer to power their player onboarding experience

Player expectations are high. See how TrueLayer's Signup+ helps iGaming operators create a seamless onboarding journey that boosts conversion and satisfaction.

Pay by bank phone

Pay by Bank protections: a modern approach

With the continued growth of Pay by Bank, how do we continue to make it the most convenient and safest way to pay?

15 million users milestone

TrueLayer hits latest industry milestone, surpassing 15 million consumers

This latest milestone reflects growing consumer demand for simple, secure ways to pay online without card details.

Hey, I'm Andy from TrueLayer, and I'm going to try and tell you everything you need to know about Pay by Bank—in just ninety seconds. Let’s start the clock. Let’s keep it simple. What is Pay by Bank? It’s a payment method that lets you pay directly from your bank account via your banking app—with zero need for card networks. That could mean buying pizza, paying for flights, or just about anything in between. And it’s actually pretty easy—and very quick. It looks a bit like this: start by tapping the Pay by Bank button, then choose your bank from the list. If you’ve used it before, we can even preselect your preferred bank. You then review the payment, and you’re seamlessly redirected to your bank app to approve it using secure biometrics. That’s Face ID or a fingerprint, to you and me. And that’s it—success. But no time to relax—we're on the clock! Now, this might be the first time you’re hearing about it, but every month in the UK, 27 million payments are made using Pay by Bank. And most people who haven’t tried it yet say they’d be happy to—if given the option. On the merchant side, nine out of ten businesses are already planning to adopt it in one way or another. So what’s in it for businesses? Number one: more potential sales. No cards means no long card numbers, no clunky 3DS2—just a smoother experience from start to finish. And it converts. Number two: because payment details are pre-populated and verified with biometrics, things like card-not-present fraud, chargebacks, and authorized push payment fraud are virtually eliminated. Number three: lower costs. Without all the intermediaries and manual admin, the total cost of Pay by Bank is typically lower than card payments. I'm running out of time—one last benefit: instant refunds. And trust me, shoppers love instant refunds. And breathe. That was a lot to cram into ninety seconds. If you’d like to take your time and learn more about Pay by Bank—and why brands like Just Eat Takeaway, lastminute.com, Ryanair, and Papa John’s already offer it at checkout—you can read our in-depth guide. There should be a link on screen now. And that’s it. Thanks for watching.

Everything you need to know about Pay by Bank in 90 seconds

Get up to speed on the future of payments. Understand what Pay by Bank is, how it works, and its key benefits for your business in this quick guide.

Fintech events so far in 2025

Business growth

What’s hot right now: key takeaways from Payment events so far in 2025

What have we learnt from the payment events we have attended in 2025 so far?

TrueTalk – Samith Silva – Header

TrueTalk with Samith Silva, Senior Software Engineer

Learn about Samith's TrueLayer journey, from mental health first aider training to his stint as TrueHack host.

VRP for train operators

Recurring payments

Variable recurring payments for train operators: a better way for passengers to pay

Discover how Variable Recurring Payments (VRP) can create a better way for train passengers to buy tickets. Our guide explains the key VRP changes. Learn more.

Browse by category

Get started

Talk to us

Curious about where our open banking payments network could take your business?

Start building

Create an account now to explore our APIs.

Keep exploring

More great content from our team