Seamless payment experiences, powered by open banking
Accept low-cost bank payments and move money across Europe with customisable, high-performing flows designed to help you capture and retain more revenue.
Boost payment acceptance
Accept payments from anyone with a bank account across 18 European countries with one integration. Nobody can match the breadth and depth of our coverage.
Optimise your revenue
Minimise costs and operational overhead by offering direct bank payments with fewer intermediaries, lower rates, and reduced fraud.
Improve conversion
Build a fully embedded flow from onboarding to checkout, letting customers authenticate and pay in a few clicks without leaving your service.
Integrate and scale easily
One API, a fully integrated suite of payment products. Use our libraries and SDKs to test and launch fast, and add new markets at the flick of a switch.
It’s time to rethink payments
The traditional payments landscape is complex and fragmented. Pay by Bank is an account to account payment method, meaning no middlemen or unnecessary fees.
Simple, fast, and low-cost
Pay by Bank lets you initiate direct payments within any service and own your customer journey end-to-end. No fraud, no chargebacks, and none of the usual fees.
Ever-improving conversion
Open banking journeys are improving rapidly across Europe. With zero data entry and fewer redirects, it’s already the most frictionless way to pay online in some countries.
It’s time to rethink payments
The traditional payments landscape is complex and fragmented. Pay by Bank is an account to account payment method, meaning no middlemen or unnecessary fees.
Simple, fast, and low-cost
Pay by Bank lets you initiate direct payments within any service and own your customer journey end-to-end. No fraud, no chargebacks, and none of the usual fees.
Ever-improving conversion
Open banking journeys are improving rapidly across Europe. With zero data entry and fewer redirects, it’s already the most frictionless way to pay online in some countries.
Trusted to be the best
Industry-leading volumes
6.2 million payments initiated every month – and counting.
Best-in-class conversion
80%+ average end-to-end success rate.
Connectivity that performs
1.1 billion account refreshes per month, with 99.9% uptime.
Designed to work for you
From PSPs and platforms to ecommerce businesses, we support almost any payments use case with a flexible stack of tools to accept payments, onboard customers, and simplify risk and operations.
Payment providers
Create your own Pay by Bank payments solutions to enable better user experiences for your customers, from onboarding to checkout and payouts.
Platforms and marketplaces
Embed open banking flows into your platform to simplify account verification and onboarding, and facilitate payments across Europe through one simple integration.
Ecommerce businesses
Boost conversion and reduce costs by offering a fully customisable Pay by Bank payment method, letting customers pay in a few taps without leaving your service.
The most cost-effective way to accept payments online
Offer secure, low-cost payments with all the features you need, across any channel, powered by bank connections that perform at scale.
Reduce costs
Pay by Bank simplifies transactions by directly transferring funds between bank accounts, bypassing traditional intermediaries and significantly reducing payment fees.
Maximise acceptance
Accept payments from anyone with a bank account, anywhere in Europe. We’ve built direct connections to over 90% of banks in key markets, and won’t stop until our coverage is universal.
Minimise fraud
With Strong customer authentication (SCA) on every flow, Pay by Bank ensures the highest possible security standards with minimal fraud exposure and no chargebacks.
Increase sales with a better payment experience
Create a fully embedded, high-performing payments experience that lets users pay without leaving your service. No lengthy forms, no manual data entry, no clunky redirects.
Keep customers engaged
Pay by Bank lets users pay in as little as a couple clicks, using their fingerprint or Face ID, minimising drop-off from excessive redirects or having to enter card details.
Customise the experience
We don’t believe in a one-size-fits-all approach and we’re not a consumer-branded scheme. You can customise the entire flow to fit your brand and preferred user journey.
Increase conversion
With over 1bn monthly API calls, we continually monitor and test our flows with thousands of banks to help increase conversion and uptime at every level of the payments stack.
How Kivra is using Payments
Kivra is one of Europe’s leading consumer apps for bills and invoices and uses Tink to process 4 million payments per month, all in-app and powered by open banking.
How Kivra is using Payments
Kivra is one of Europe’s leading consumer apps for bills and invoices and uses Tink to process 4 million payments per month, all in-app and powered by open banking.
How Kivra is using Payments
Kivra is one of Europe’s leading consumer apps for bills and invoices and uses Tink to process 4 million payments per month, all in-app and powered by open banking.
Solutions across the payment journey
Onboarding
Merchant account verification
Instantly verify account ownership
Direct debit setup
Autofill account details and check balances
Payout setup
Automatically verify and update details
Payments
One-time payments
Account-to-account payment initiation
Payment collections
Notifications, settlement and reconciliation
Refunds, payouts, and fee splits
Full or partial refunds and complex flows
Risk and operations
Merchant cash advance
Adapt repayments to cash flow in real time
Income and identity verification
Programatically check income and identity
Balance checks
Perform instant, real time balance checks
One API, a fully integrated suite of payments products
Easily integrate with the Tink platform and expand across Europe at the click of a button.
Integrate with a single line of code
Use our suite of tools, SDKs, and resources to integrate fast, with one integration connecting you to 6000+ banks across 18 countries in Europe.
Add new markets with no extra work
Authenticate millions of end-users across Europe through a link, with all localisation and compliance taken care of.
Test, launch, and iterate faster
Configure, customise, and manage your flows all within the Tink Console, with real-time usage and performance reports.
Grow across Europe with a platform built for scale
18
countries across Europe
13,000+
Connections to all major banks across Europe
1bn+
monthly API calls
Explore our payments products
Payments
Increase engagement and conversion by giving your customers a fully embedded payments experience – at a fraction of the cost.
Variable Recurring Payments
Smarter, faster recurring payments. VRPs are the new way to enable frictionless, real-time open banking payments.
Risk Signals
Increase settlement rates, prevent fraud, and unlock faster payments with risk tools built for account-to-account payments.
Payments related articles
2022-11-01
8 min read
What’s a good Pay by Bank conversion rate?
Comparing Pay by Bank conversion rates across different payment methods can be tricky since most don’t use an end-to-end metric. See Tink’s own benchmarks and how we track performance in this conversion rate deep-dive.
Read more
2022-08-18
10 min read
The key to picking an open banking payments partner: bank coverage
The key to picking the right partner for open banking payments is connectivity. Bank on better coverage to help you scale in the best possible way.
Read more
2023-11-21
2 min read
The ultimate Pay by Bank UX guide
At Tink, we’re excited about Pay by Bank. Our new, in-depth UX guide tells you how to make the most of this innovative payment solution.
Read more