.avif)
United Kingdom
.avif)
The UK Is One of Europe's Most Advanced Open Banking Markets
The United Kingdom has become a global leader in Open Banking, supported by one of the world's most mature real-time payment infrastructures. Alongside Faster Payments, Pay by Bank is increasingly used for e-commerce, bill payments and financial services.
Consumers continue using cards and digital wallets extensively, while businesses increasingly adopt bank-based payment solutions to reduce costs and improve payment efficiency.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
.avif)
Supported Payment Methods
Pay by Bank in the United Kingdom enables consumers to make payments directly from their bank accounts, often using open banking payment initiation. It provides a secure account-to-account payment alternative to cards and is increasingly relevant for e-commerce, financial services, bill payments and digital platforms. For merchants, Pay by Bank can support lower-cost payment acceptance and faster settlement.
speed
Reasons for Popularity
High Consumer Awareness: 90% of UK consumers are familiar with Pay by Bank, indicating widespread recognition
Preference for Debit Card Alternatives: With a high volume of debit card transactions, consumers are open to alternative payment methods that offer similar convenience and security
Integration with Open Banking: The UK's advanced open banking infrastructure facilitates seamless Pay by Bank transactions, enhancing user experience
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
