Direct Bank-to-Bank Payment Processing
Secure, fast, and cost-effective direct payment solutions that bypass traditional card networks for improved efficiency.
Direct Bank Transfers
Enable secure, cost-effective account-to-account payments with lower fees and faster settlement times.
Optimized Payment Infrastructure
Paytia's Bank-to-Bank payment solutions leverage advanced open banking technology to enable secure, direct payments between financial institutions. Powered by our strategic partnership with Fena.io, one of the UK's leading open banking service providers, this modern approach eliminates traditional card processing intermediaries, resulting in lower transaction costs and enhanced security.
Our system facilitates fast, efficient transfers while maintaining the highest level of data protection and compliance with financial regulations including PSD2, GDPR, and FCA requirements. By connecting directly with banking infrastructure through Fena.io's robust API platform, we offer a streamlined payment experience that reduces fraud risk and improves customer satisfaction.
Bank-to-bank payments represent the future of digital transactions, offering businesses a cost-effective alternative to traditional card payments. With instant settlement capabilities and reduced processing fees, our open banking solutions help businesses improve cash flow while providing customers with a secure, familiar payment method using their existing banking credentials.
How It Works
- Step 1: Initiate Payment - Customer selects "Pay by Bank" at checkout and is directed to a secure interface.
- Step 2: Bank Authentication - Customer securely authenticates with their banking provider.
- Step 3: Instant Transfer - Funds are securely transferred with immediate confirmation.
Key Features
Lower Transaction Costs
Reduce payment processing fees by bypassing traditional card payment networks and their associated charges.
Enhanced Security
Utilize bank-level security protocols and authentication methods to protect sensitive financial information.
Faster Settlements
Benefit from quicker funds availability with real-time or near real-time settlement capabilities.
Improved Cash Flow
Access funds more quickly with faster settlement times compared to traditional payment methods.
Why Choose Bank-to-Bank Payments?
Cost Savings
- •Up to 70% lower transaction fees vs card payments
- •No interchange fees or card scheme charges
- •Reduced chargeback risks and associated costs
- •Lower fraud prevention and monitoring expenses
Operational Benefits
- •Instant or same-day settlement
- •Real-time payment confirmation
- •Reduced reconciliation complexity
- •Enhanced cash flow predictability
See Bank-to-Bank Payments in Action
Watch our demonstration videos showing how customers can securely authenticate and complete payments using their mobile banking app, whether they're shopping on desktop or mobile devices.
Desktop Payment Flow
See how customers using desktop computers can seamlessly authenticate and verify payment requests through their mobile banking app.
Mobile Payment Flow
Watch the streamlined mobile experience where customers can complete the entire payment flow directly on their smartphone.
Technical Implementation with Fena.io
Our bank-to-bank payment solution is built on Fena.io's enterprise-grade open banking platform, providing direct connectivity to over 2,500 banks across the UK and Europe. This partnership ensures robust API performance, comprehensive bank coverage, and regulatory compliance.
2,500+ Banks
Connected across UK and European markets
99.9% Uptime
Enterprise-grade reliability and performance
FCA Regulated
Full regulatory compliance and authorization
Industry Applications
E-commerce & Retail
Reduce cart abandonment and processing costs with seamless bank-to-bank checkout options. Perfect for high-value transactions where card fees significantly impact margins.
- • Online marketplaces and platforms
- • Subscription and recurring payments
- • Digital goods and services
- • B2B procurement platforms
Financial Services
Enable instant fund transfers, loan repayments, and investment deposits with bank-grade security and real-time settlement capabilities.
- • Loan and mortgage payments
- • Investment platform deposits
- • Insurance premium collection
- • Financial services transfers
Professional Services
Streamline client invoicing and payment collection with instant bank transfers that improve cash flow and reduce administrative overhead.
- • Legal and accounting firms
- • Consulting and advisory services
- • Healthcare and medical practices
- • Educational institutions
Property & Real Estate
Handle large property transactions, rental payments, and deposits securely with instant verification and reduced fraud risk.
- • Property sales and purchases
- • Rental and deposit payments
- • Commercial property transactions
- • Property management services
Industry Solutions
- E-commerce payments
- Subscription services
- B2B payment transfers
- Financial services products
Request a Demo
Experience how Bank-to-Bank payments can transform your payment infrastructure with a personalized demonstration.
Schedule DemoReady to optimize your payment infrastructure?
Join businesses that have reduced costs and improved efficiency with Paytia's Bank-to-Bank payment solutions.