DNA Payments expand their product offering to include Pay by Bank app

Wednesday 6 January 2021 12:22 CET | News

DNA Payments (DNA), a fintech payments company, has announced the launch of a new product: Pay by Bank app (PbBa). 

Pay by Bank app is a new online checkout option that lets consumers pay using the bank app on their phone. It's designed to make online checkout easier, whilst using all the security of their bank. Pay by Bank app leverages the UK’s Faster Payments network, which is operated by Vocalink on behalf of retail payments authority Pay.UK.

This announcement means that all DNA Payments clients who use online acquiring and accept online payments can now offer their consumers the advanced new payment service.

DNA Payments Limited is authorised and regulated by the Financial Conduct Authority, under the Payment Services Regulations 2017 for the provision of payment services.

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Keywords: DNA Payments, Pay by Bank, app, payments
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech