Open banking has revolutionised the way we approach payments, offering a more seamless and efficient experience for consumers and businesses alike.  Open banking enables third-party providers to securely access financial data and facilitate transactions directly from bank accounts, reducing the reliance on traditional card based payment methods. This innovation not only enhances transaction speed and security but also fosters greater transparency in the payment process.

In partnership with EchoPay, we are excited to harness the power of open banking to further improve payment solutions for our users. EchoPay's cutting-edge technology allows us to streamline payment processing, minimise transaction fees, and provide a user-friendly interface that simplifies the payment experience.

We have developed open banking plugins for two large eComm platform providers in the UK - Ecwid and IONOS.  These plugins allows you to seamlessly add in 'pay-by'bank' as a payment method.  And once set-up you can save money compared to a equivalent card based payment as well as being paid immediately and no risk of unwarranted chargebacks.