Pay By Bank - Change at the Checkout?
Tuesday 10 June 2025
Innovation Stage
Fintech
- As card costs continue to rise, alternatives, such as Pay by Bank (instant payments powered by open banking) are reaching maturity, and growing in use - with a real prospect of more choice at the checkout.
- What are the benefits and challenges of Pay by Bank solutions for merchants and consumers?
- What are the next steps to develop Pay by Bank further, e.g. introducing recurring payments, and physical point of sale?
