The interface will be made available to all buyer banks and will enable them to provide a pan-European solution to their customers to make payments through third-party payment service providers (TPPs). The use of a ‘redirection protocol’ ensures that credentials are not disclosed to any third parties.
MyBank is an e-authorisation solution that enables customers to pay for their online purchases via their regular online or mobile banking environment.
In recent news, MyBank the pan-European e-payments framework, has revealed plans to launch its MyBank Mandates solution in October 2014.
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.