Tink Pay by Bank is an open banking payment solution that enables businesses to accept direct account-to-account payments from customers across Europe. The service leverages Tink’s API platform, which connects to over 90% of banks in key European markets, allowing users to pay directly from their bank accounts without the need for cards or manual data entry. The solution is designed for seamless integration, offering a fully embedded payment experience that can be customized to match the merchant’s brand and user journey. Pay by Bank supports strong customer authentication (SCA), ensuring high security and minimal fraud risk, and eliminates chargebacks. The platform is suitable for a wide range of use cases, including e-commerce, recurring payments, and instant refunds, and is built to scale with real-time monitoring and performance analytics.

Key Features

Direct Account-to-Account Payments Enables instant payments directly between customer and merchant bank accounts.

• No card networks or intermediaries
• Lower transaction fees

Pan-European Bank Connectivity Connects to over 90% of banks in key European markets.

• Broad coverage for both consumers and businesses
• Supports payments from any bank account in supported regions

Strong Customer Authentication (SCA) Ensures secure transactions with minimal fraud and no chargebacks.

• Biometric authentication (fingerprint, Face ID)
• Compliant with PSD2 regulations

Fully Embedded, Customizable Payment Flows Allows merchants to create seamless, branded payment experiences.

• No redirects or manual data entry
• Customizable UI and user journey

Recurring Payments and Instant Refunds Supports variable recurring payments (VRPs) and instant payouts.

• Enables subscription models and fast refunds
• Reduces customer drop-off

Real-Time Monitoring and Analytics Provides real-time usage and performance reports via Tink Console.

• Monitors conversion rates and uptime
• Helps optimize payment flows

Benefits

Reduced Payment Costs Bypassing card networks lowers transaction fees for merchants.

• Direct bank transfers
• No card processing charges

Increased Conversion and Engagement Frictionless, embedded payment flows reduce drop-off and improve user experience.

• Fewer steps to complete payment
• No need for card details or lengthy forms

Enhanced Security and Compliance Strong authentication and no chargebacks minimize fraud risk.

• SCA on every transaction
• PSD2 compliance

Scalable and Reliable Handles high transaction volumes with robust API infrastructure.

• Over 1 billion monthly API calls
• Real-time monitoring and support