Pay by Bank - Secure Direct Bank Payment Solutions

Enable instant bank-to-bank transfers with advanced security and compliance. Direct bank account payments without traditional payment processing fees.

Get Started Today

Why Choose Pay by Bank?

Save £10,800+ Annually

Eliminate high card processing fees. Direct bank transfers cost 85% less than traditional payment methods with instant settlement.

Customers Trust Their Banks More

89% of customers prefer direct bank payments over sharing card details. Increase conversion rates with familiar, trusted banking experience.

Bank-Grade Security Included

Customers authenticate using their own bank's multi-factor security. No sensitive payment data on your systems. PSD2 compliant by default.

Setup in Under 10 Minutes

Simple API integration connects you to all major UK banks instantly. No complex merchant accounts or lengthy approval processes required.

Reduce Failed Payments by 40%

Direct bank authentication eliminates declined cards, expired dates, and insufficient funds issues. Higher success rates mean more revenue.

Calculate Your Cost Savings

  • Traditional payment processing: 2.9% + 30p per transaction
  • Pay by bank processing: 0.5% flat rate + £1.00 per transaction
  • Monthly processing volume of £50,000 (100 transactions) saves £900+ per month
  • Annual savings: £10,800+ in reduced processing costs
  • Plus instant settlement - no 2-3 day waiting periods

How the Secure Payment Process Works

Follow the 6-step process that ensures secure, bank-grade authentication using your customer's existing banking credentials.

Paytia Fena Secure ID Verification Process
1

Business Creates Payment Request

Your business user creates the request for payment and sends it to your customer by email or SMS message

2

Customer Receives Link

Your customer clicks the received link button in their email or mobile messages

3

Banking App Opens

The bank payment service takes over and correctly opens the mobile banking app (mobile) or desktop internet bank login page (desktop)

4

Customer Authenticates

Your customer logs into their banking app, verifying their identity

5

Payment Confirmation

Your customer sees the request for payment presented by their bank and confirms they accept the payment request

6

Money Transfer

Money transfer is initiated and your business receives the agreed payment

"Pay by bank transformed our customer experience. The direct bank transfers are instant and customers trust it more than sharing card details. We've reduced processing costs by 65% while increasing conversion rates."
— Ian Hames, Head of Sales, UK Retail Sales Company

Pay by Bank Pricing Plans

Choose the plan that fits your business needs

Essentials

Ideal for growing businesses seeking cost-effective bank transfer processing

One-time setup: £150.00
£4.00 / Per user per month
+ £1.00 per transaction inclusive of all banking charges

Included Features:

  • ✓ Fena Secure Open Banking connector included
  • ✓ Connect with all major UK banks
  • ✓ Instant, authorised, bank-to-bank transfers
  • ✓ Real-time payment confirmation
  • ✓ Advanced fraud detection
  • ✓ Recurring payment support
  • ✓ Customer bank account tokenization
  • ✓ Comprehensive reporting & analytics
  • ✓ Send Bank payment links by SMS
  • ✓ Send Bank payment links by Email

Enterprise Features (Available with Upgrade):

  • • Send using your own email server, from your own business domain
  • • Secure Code link protection
  • • Add your business logo
  • • Add expiry times to your links sent
  • • Enhanced webhook integration
  • • Premium API service
  • • Dedicated account manager
  • • White-label customization

Enterprise

Complete solution for large businesses with custom requirements

Custom pricing based on volume and requirements

Everything in Professional, plus:

  • ✓ Send using your own email server, from your own business domain
  • ✓ Secure Code link protection
  • ✓ Add your business logo
  • ✓ Add expiry times to your links sent
  • ✓ Enhanced webhook integration
  • ✓ Premium API service
  • ✓ Dedicated account manager
  • ✓ White-label customization
  • ✓ SLA guarantees
  • ✓ Enterprise-grade security

All plans include comprehensive support, security compliance, and integration assistance. Contact us for volume discounts and custom enterprise solutions.

Download Available

Get detailed information about Pay by Bank implementation and pricing

BUY NOW

Ready to Reduce Payment Processing Costs?

Join thousands of businesses saving money with secure pay by bank solutions

Start Your Free Trial