Below you can find the special product and service features of this payment provider. Take this into account when choosing the payment provider to process your online payments.
There is more to just payment processing and pricing.
Direct account-to-account payments and refunds that settle in seconds.
Initiate payouts to customers securely and within seconds. Send money that arrives in seconds.
Improve user experience by sending money instantly
Reduce operational costs associated with manual payouts
Remove any guess work
Enable faster checkout processes that require less effort and ultimately increase sales.
With bank authentication built into the payment process, fraud is near impossible.
Remove payment intermediaries and their associated costs.
Offer checkout experiences with less steps, no manual data entry, and with higher payment success rates.
Benefit from the latest technology wrapped entirely in your brand.
TrueLayer is a global open banking platform that makes it easy to build better payment experiences. Businesses of every size use us to offer a more efficient and cost-effective method of accepting and sending payments.
We can cater for direct, Hosted/Embedded payment pages and plug-in integrations. Current plugins live and available for: WooCommerce, Magento and Shopify.
With TrueLayer you gain seamless, instant, secure payments with improved spending limits ideal for higher order values and instant refunds and payouts. Customers pay directly from their bank account, removing the manual data entry and potential errors associated with cards or manual bank transfers.
The only brands your customers see on the checkout are the ones they already know and trust - their bank and your brand. The result is a higher converting payment option that virtually eliminates fraud, saves ~70% on costs and helps you scale.
1 Hardwick St
EC1R 4RB London
|Main Phone Number|
|Main Fax Number|
Open banking payments are authenticated directly between consumers and their banks, meaning, unlike with direct debits, merchants can avoid chargebacks generated due to fraud or an inability to capture funds. It works in a similar way to most online banking methods. A customer simply selects the payment type during the checkout process, at which point they are redirected to their bank’s online banking environment to securely confirm the payment.