Is the Future of Checkout Pay By Bank?
The way we buy has changed. The way we bank has changed. So the way we pay must change. But for too long, traditional payment methods haven’t kept up with the times, leading to high transaction fees, slow settlement time, and high fraud rates. It’s time for a real alternative.
Open banking-powered Pay by bank is shaping up to be that alternative, with over 23 million payments each month in the UK, and 9 in 10 ecommerce merchants at least considering adding it to their checkout.
In this panel, Pay by Bank network TrueLayer is joined by leading ecommerce merchants and solution providers, who are at the heart of the growing Pay by Bank revolution. Hear from those who've already added it to their checkout, and those still weighing it up as a potential new payment method, as we discuss the benefits of this alternative to card payments, as well as what the future might hold.
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