Pay by Bank

Banked’s acquisition of Waave underscores our commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing best-in-class Pay by Bank solution was a key factor in the deal. As consumer brands - not just banks - drive the global demand for Pay by Bank, combining Waave’s local expertise with Banked’s global capabilities positions us to offer the strongest end-to-end solution in Australia.

Visa launches Visa A2A, an open system to bring consumer control and protection to account-to-account payments that introduces an easy and safe way to pay recurring bills with bank transfers and makes it easier for consumers to get their money back if something goes wrong. Designed with leading UK fintechs and in collaboration with key industry partners including Banked, it will unlock an easier, safer way to pay by bank from early 2025.

Customers of fintech lender Plenti now have a new way to make additional loan repayments, made possible with National Australia Bank’s (NAB) Pay by Bank solution, which enables PayTo transactions. This innovative technology, developed by global fintech Banked in partnership with NAB, enables fast and secure payments straight from a user's bank account.

In a new era where every tap and click counts, the demand for seamless, efficient, and adaptable payment solutions has never been greater.

There has been plenty of buzz around Variable Recurring Payments (VRPs), with industry players speculating on how it will revolutionise the payments landscape. But could they truly transform the way we handle recurring payments?

The payment industry is constantly evolving to provide safer and more secure transactions for users. Field Level Encryption in payments is set to revolutionise the way we make payments online.

Yesterday we announced a further $15M secured to our series A funding round extension, as a result of an oversubscribed Series A earlier this year led by Bank of America.

Open Banking: Going Beyond Technical Payment Solutions to a New Era of Customer Connections.

For a new payment method to be adopted by consumers, it successfully needs to solve a problem that exists within payments.

We're delighted to be working with Comic Relief to enable fundraising through our platform and providing fee free donations with Pay by Bank. 

With our Pay by Bank checkout solution, we're making making investing with Seedrs easier.

Today we’re announcing a partnership with PCSpecialist to offer Pay by Bank to their customers, enabling consumers to pay securely from their existing mobile banking app.