How it works What you can see Pricing
Industries
Accountants Letting agents Landlords Mortgage brokers Vehicle & equipment rental Solicitors Insolvency practitioners Debt advice Debt counsellors Housing associations Book a demo
Pay by bank

Get paid straight from the bank

Collect payments over Faster Payments with pay by bank: one-off or recurring, with Confirmation of Payee, no card fees and no card details to store.

Collect money straight from the bank

Pay by bank moves money over Faster Payments, with none of the cost or risk of cards.

Instant Faster Payments

Money arrives in seconds, not days.

One-off or recurring

Take a single payment or set up repeat collection.

Confirmation of Payee

Check the account name before money moves.

Lower fees than cards

No card scheme fees eating into every transaction.

No card details stored

Nothing to breach, so your PCI scope shrinks.

Fewer failed payments

Pulled from a consented, confirmed account.

How it works

From request to settled payment

Send a payment request and the money lands in your account, confirmed.

Step 1

Request

Send a pay-by-bank request or embed it in your flow.

Step 2

Confirm

Your customer approves in their own banking app.

Step 3

Settle

Funds arrive over Faster Payments, usually in seconds.

Pay by bank vs cards

For business collection, moving money directly is cheaper, faster and lower risk.

Pay by bank

  • No card scheme or processing fees
  • Settles in seconds over Faster Payments
  • No card numbers to store or protect
  • Confirmation of Payee before money moves

Card payments

  • A fee on every transaction
  • Settlement and chargeback delays
  • Card data to store and secure
  • No name check before payment

Who uses this

Get paid without the card fees

Book a demo and see pay by bank collect a live payment end to end.

Book a demo