Instant Payouts build trust and loyalty
Instant Payouts give your customers exactly what they want when they want it.
Whether it's refunds, winnings, withdrawals or earnings—we send it in seconds.
Payouts made simple
Payout successful
Loyal customers keep your business growing
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Instant Payouts boost growth and shrink operational costs
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Boosts sales
More than half of customers say they would switch platforms for Instant Payouts. Nobody wants to wait up to 5 days for cards to issue payouts. Our Instant Payouts take seconds—they're the fastest way to get funds to customers.
Lowers costs
Payouts are infamously labour intensive. Our automated processes reduce manual data inputs while lowering fraud risk. This means your operational costs shrink, and your bottom line receives a healthy boost.
Scales across currencies
Trading across the UK and Europe is complex. So, we've wrangled all the nuances of different banking systems into one beautifully simple, single API. So, you can get up and running in 22 European markets in GBP, EUR or even PLN.
Brand visibility
Our Instant Payouts are the only fully white label product on the market. Your brand gets maximum visibility throughout our seamless experience and customers' bank statements. This helps grow your brand reputation and recognition.
Previously, card withdrawal times took up to six business days, which isn’t a great user experience
Read the case studyCicely Robinson,
Data Scientist
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Why do more than half of customers switch to Instant Payouts?
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Because Instant Payouts build trust and loyalty
All customers
Everybody trusts brands who give them easy, fast and secure access to funds. Instant Payouts settle in customers' bank accounts in seconds, available to spend right away. The experience is beautifully simple—nothing to remember or manually input, just a hassle free and pleasing process.
Gamers
8 out of 10 iGamers say fast payouts are top of their priority list when choosing a gambling or betting provider. Instant Payouts make winnings available immediately, so play can continue. 1 out of 3 gamers say they’d deposit more with businesses who offer them.
Shoppers
Instant Payouts give your brand a competitive advantage. When quick, easy refunds are on offer customers can purchase again immediately. 67% of shoppers say easy returns and fast refunds influence their choice of brand. 87% say they’ll shop again with those offering them.
Investors
Many investment platforms have slow withdrawal thanks to cards and BACS taking up to 10 days. This is a source of frustration for savvy investors who want freedom to move their money. 46% of investors say speed of fund withdrawal influences their choice of platform.
20 million primed customers
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Once your customer chooses Instant Payouts they become part of our Pay by Bank payments network. That's 20 million customers ready and waiting.
Pay by Bank is a hugely popular easy, fast and secure payment experience—we’re seeing up to 90% conversion rates for returning customers, and a 20% increase in first time conversions from our Pay by Bank network.
Many Instant Payouts’ customers find Pay by Bank a great option for pay-ins. Which means you can significantly cut costs while growing customer loyalty too. We’re facilitating billions of transactions for some of Europe's biggest and most successful businesses, and seeing a new user joining us every 3 seconds.
Clever features saving you time and money
Smart automation
A shocking 44% of refunds fail, mostly due to planned and unplanned bank downtime. We knew we could improve on this. So, we engineered a game-changing single API. Instant Payouts automates retries, queuing and re-rerouting, taking the success rate up to 99.1%. This means you and your funds are free to focus on growing your business.
Instant payout settlement
We get funds to your customers in seconds, with no effort needed from you. We cover 22 European markets, ensuring smooth and effortless payouts wherever your customers are. We cut out cards and create easy, fast and secure bank-to-bank payouts. In Europe we use SEPA Instant, and in the UK Faster Payments.
Real-time dashboard
Instant Payouts means you get clear visibility of payouts, and their status via our intelligently designed console dashboard. It provides instant notifications with clear error reasons whenever a payout fails. You get real-time payout statuses and real-time flags for errors that have historically succeeded. This makes your cashflow far easier to manage.
Stay ahead of the game with our powerful add-on
Turbocharge your business operations with our verification API, it helps you know your customer and drastically reduce fraud and the associated costs.
Verification
Fraud damages business. We help you minimise the risk by giving you the tools to know your customer in seconds rather than days. You can instantly verify legitimate users unobtrusively through their bank’s biometric security checks.
Before a payout leaves, we can verify that the person you’re paying out-to matches the name on the account you’ve received funds from. Or, if you need to verify the bank account used for deposit and withdrawal matches, we can do this too. This saves you all the hassle and expense of dealing with fraud.
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Instant Payouts integrates effortlessly
We’ve made integration with Instant Payouts as simple as it can be. Our powerful single API can be installed in minutes and you can be up and running in no time with fully automated, real-time payouts.
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We make Pay by Bank easy to integrate for everyone
Whatever your team’s technical capability, we’ve got simple and tailored ways for you to plug in and get going.
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Ready-made UIs for apps
We’ve designed and tested beautifully optimised user experiences for mobile. Customers love our easy, friction free mobile payment experiences. Find SDKs for iOS, Android and React Native.
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Ready-made UIs for browser
If your customers arrive through a browser, we’ve got highly optimised user experiences for either embedded or hosted payment pages too.
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Easy plugins & libraries
Pay by Bank is optimised for WooCommerce, Shopify and Magento. Our library helps you speed up and simplify integration with our tried and tested shortcuts in Java, PHP, C# and Javascript/Node.
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A powerhouse console
Console helps you kickstart product integration in easy steps. It arrives with your merchant account set up for you, so you can move at pace and start taking payments immediately.
Console puts you in the driving seat
Ready to put your foot down? Console is brilliantly organised with all the tools and you need to accelerate your business. Breeze through billing, reconciliation breakdowns and download reports from an intuitively designed dashboard. Provide customers with refund updates and payment statuses, all from the one ultra-efficient hub.
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The integration with TrueLayer was faster than the lastminute.com team expected.
Read the case studyNicola Bettari,
Fintech and Payments Director
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We decided to work with TrueLayer based on the quality of the team and the capability they possess.
Read the case studySheraz Dar,
CEO
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Our integration partner was always highly available and responsive, always keen to jump on a call whenever we had an issue.
Read the case studyAndrew Witzenfeld,
CTO
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Our team helps keep your business flowing
Whatever technical support you need, our friendly team is here to help. As a venture backed business we’re hyper-focused on your success and can work at speed to help you meet your goals.
We have dedicated integration sales managers who are experts in your industry. They lock on to your business needs and proactively scope the best products and features and run tests to ensure you hit the ground running. They rally to meet your targets and troubleshoot any issues along the way.
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Ready to get started?
Our expert team will help you explore how Pay by Bank can help your business grow. Or if you’re ready to start building, just set up an account and take a look at our products right away.
Talk to us
We're here to help you make the most of open banking payments.
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.
FAQs
Your customer gets their money as and when they want it. There are no extra verification steps, card details to remember or long wait times.
Want to learn more about payouts?
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iGaming operators: a world without cards is coming
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8 industries that need instant payouts
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Introducing Payouts: send refunds and settle payments in seconds
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