With this service, customers can pay ecommerce companies directly from their bank account with no credit or debit card details required, according to the press release. Customers can add an item to their shopping cart then select Pay by Bank. They will then be directly to a login page, where they can enter their bank login information to finish the payment.
The service will be initially available in the UK. The launch of Pay by Bank is part of the company’s ambition to keep clients at the cutting edge of technology. The solution intends to support clients with creating a better experience for their own customers and help set them apart from their competitors.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.