Direct bank payments, no card fees
Customers pay straight from their bank app using Open Banking. No cards. No card fees.
See exactly what your customer sees
Three ways to offer Pay by Bank. The same six simple steps, about 20 seconds from tap to paid.
Three ways to get paid. One costs far less.
How cards, manual bank transfers and Pay by Bank compare on a typical £2,000 payment.
New to Open Banking? Here it is in 30 seconds.
You'll hear it called Pay by Bank, Open Banking payments or bank-to-bank payments. They all mean the same thing: money moves straight from your customer's account to yours — with no card network in the middle taking a cut.
Pay by Bank is the button
It's what your customer sees — at checkout, in a payment link or on a QR code. They tap it instead of reaching for a card.
Open Banking is the secure pipe
The UK standard that lets regulated providers like TWPayz ask a bank to send a payment. Nobody ever sees your customer's login.
Your customer approves it
In their own banking app, with Face ID or fingerprint. No card numbers, no sort codes, no typos.
The bigger the payment, the more you keep
Examples compare a 1.75% + 20p typical card rate with 0.10% + £1.00 Pay by Bank. Your exact rates are confirmed when you enquire.
Work out your saving
Where Pay by Bank saves the most
High-value payments. Invoices. Deposits. The businesses that switch are the ones handing the most to card fees today.
Used car sales
Deposits and balances on cars, sent by payment link. Buyers pay thousands from their bank app in seconds — no card limits, no cash, no bounced transfers.
Every car. Every deposit. Every pound.
Solicitors
Conveyancing fees, retainers and settlements. Clients pay from their own account with a clear reference — no chasing, no misallocated transfers.
Less chasing. Cleaner client accounts.
Dentists
Implants, orthodontics and treatment plans paid at reception by QR code, or in instalments by link.
Less admin. More care.
Building materials
Trade invoices and collection orders. Builders pay on the spot from their phone and goods leave the yard the same hour.
From yard to cleared.
Wholesalers
Bulk orders and monthly trade accounts paid by link or at the cash & carry counter. Large baskets clear instantly, with no card limits to hit.
Bigger orders. Smaller fees.
Events companies
Venue deposits, weddings and corporate bookings. Clients pay deposits and final balances by link, confirmed the moment they approve.
Book it. Pay it. Done.
Illustrative examples based on typical payment sizes and volumes for each sector, using a 1.75% + 20p typical card rate against 0.10% + £1.00 Pay by Bank.
Find out exactly what you'd save
Tell us a little about your payments. A real member of our UK team will come back with your rates and a savings breakdown — not a chatbot, not an overseas call centre.
We'll only use your details to prepare your quote.
Questions merchants ask
Yes. Every payment is approved inside the customer's own banking app using the strong authentication their bank already uses. TWPayz never sees or stores their login, and Transactworld Ltd is authorised by the FCA (FRN 900405).