Open banking / PaybyBank
Open banking allows shoppers to directly pay from their bank through an account-to-account payment that makes for a user-friendly, secure and cost-effective payment experience.
Adyen’s open banking functionality has been developed as a white-label solution. When a shopper chooses to pay by bank, they will automatically be presented with the most fitting authentication method – which may vary from QR code to bank portal log-in or application switch, depending on their bank and country. Adyen’s open banking option is available across all major operating systems, including API, web, iOS and Android devices.
Payment pricing
By facilitating the connection between banks and businesses, the solution enables consumers to pay directly from their preferred banking environment
With this streamlined money flow, there will be no transaction chargebacks on the customer’s end.
Account-to-account bank transfers also mean that Adyen’s customers can rely on fixed costs. All of these pay-by-bank advantages are made possible through a one-click, single integration and platform.
Available to everyone with a bank account in Europe
Features
Frequently Asked Questions
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