Improve your checkout experience with our Pay by Bank solution

Improve your checkout experience with our Pay by Bank solution christian.moll… Thu, 08/14/2025 - 16:23 Boost your checkout conversion and reduce your receivables charges by offering alternatives to card payments with embedded Pay by Bank APIs View APIs Dark background Improve your checkout experience with our Pay by Bank solution Markets United Kingdom Product Category Payments Collections Industry Financial services Challenges Challenges Image Image Title Slow, expensive collection Image Description Many payment options cause delays in getting funds paid by your customers and can come with steep interchange fees Image Image Title Complex integration and journeys Image Description Adding payment options to your checkout experience requires integration effort and can disrupt your customer experiences Image Image Title Hard to track payments Image Description Payments settle into your accounts in batches with no payment references adding to your reconciliation complexity Benefits Benefits Image Image Title Improved customer experience Image Description Build customer confidence and trust through an excellent customer experience; user-friendly with no requirement to share financial information Image Image Title Simplified reconcliation Image Description Customer’s payment identifier is carried through the entire payment journey and is then displayed in your account Image Image Title Faster, safer payments Image Description Avoid card interchange fees and receive funds within 2 hours to improve your cash flow Api Catalog background Dark background API catalog section header Find the right API for you API catalog section title API Catalogue Video Video Title HSBC open payments Description HSBC open payments is now available within our Omni Collect - single API. Video Alignment Left Video URL https://players.brightcove.net/1418446428001/default_default/index.html?videoId=6211752545001 Video Height 500 Video Width 700 Slider background Dark background Slider Section Title How it works Description Header Checkout choices Description Pay by Bank is a solution built on open banking infrastructure and APIs. It allows your customers to authorize single use payments from their preferred bank account, on your platform. Using their bank’s mobile app or web platforms they can securely authenticate the payments. This can be offered alongside traditional payment options, for example as an alternative to credit card payments. This allows you to avoid card processing fees or the need to save and process your customer payment details. Integrating this solution is speedy with pre-built components which adhere to open banking standards Slider Slider Alignment Right