Open Banking (EU) is a bank payment method that lets you pay directly from your bank account at checkout by selecting your bank and authorising the payment through a licensed payment initiation service provider (PISP) using your bank’s own app or online banking authentication flow..
Open Banking (EU)
Other details:
- Pay-by-Bank Checkout: At checkout, choose Open Banking, select your bank, and approve the payment through your bank’s existing authentication process — no card details or new credentials required.
- Pre-Populated Payment Details: The payment amount and destination are passed automatically through the open banking API, so you do not need to enter card details or manually type bank account information.
- PSD2-Regulated Security: Payments are initiated through licensed payment initiation services under
- PSD2, with Strong Customer Authentication (SCA) applied by the bank for every online payment initiation.
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