Stripe launches Pay By Bank. TrueFans adds support.
Pay by Bank is a single-use payment method that allows customers to pay directly from their bank account instead of using a card.
Pay by Bank runs on banking infrastructure and takes advantage of open banking APIs. When a customer chooses Pay by Bank, they first select their bank and then approve the payment on their bank’s mobile app or web portal.
Pay by Bank is available by default for payments between 0.50 GBP and 10,000 GBP.
Pay by Bank is a single-use payment method that allows customers to pay directly from their bank account instead of using a card.
Pay by Bank runs on banking infrastructure and takes advantage of open banking APIs. When a customer chooses Pay by Bank, they first select their bank and then approve the payment on their bank’s mobile app or web portal.
Pay by Bank is available by default for payments between 0.50 GBP and 10,000 GBP.