PAY BY BANK
Open Banking Payments Built for Europe
IBANXS has been at the forefront of secure bank connectivity across Europe since being founded in the Dutch city of The Hague in 2019. Today, we extend that expertise to Pay by Bank, enabling real-time, account-to-account (A2A) payments powered by Open Banking.
Pay by Bank allows businesses to accept direct bank payments without relying on card schemes or consumer wallets. With IBANXS, Open Banking payments as integrated as scalable infrastructure: secure, compliant and API-driven.
WHAT IS PAY BY BANK?
Pay by Bank is an Open Banking payment method that enables customers to pay directly from their bank account using secure authentication.
The customer selects their bank
They authenticate within their trusted banking environment
The payment is confirmed instantly
Funds move directly from bank to beneficiary in real time.
No cards.
No intermediaries holding funds.
No unnecessary scheme layers.
This is the foundation of modern account-to-account payments in Europe.
WHY BUSINESSES ADOPT PAY BY BANK
LOWER TRANSACTION COSTS
Reduce dependency on interchange and card scheme fees
IMMEDIATE PAYMENT CERTAINTY
Benefit from Instant Payments with guaranteed funds and faster, near real-time
PAN-EUROPEAN REACH
One connection, access to over 1 billion European IBANs
STRONG CUSTOMER AUTHENTICATION
Payments are authorized within the customer’s own bank environment, aligned with PSD2 requirements
API-FIRST INTEGRATION
Designed for fintech, SaaS, marketplaces, embedded finance, and regulated financial platforms
EUROPEAN REGULATORY ALIGNMENT
Fully compliant with Open Banking and evolving Open Finance frameworks
PAY BY BANK AS PAYMENT INFRASTRUCTURE
At IBANXS, we do not operate a consumer wallet. Instead, we provide European payment infrastructure that enables direct bank connectivity through secure APIs.
This means:
Our infrastructure-first approach ensures long-term architectural flexibility and regulatory resilience.
BUILT FOR MODERN FINANCIAL ECOSYSTEMS
IBANXS supports:
Together, we simplify bank access and unlock the full potential of Open Banking across Europe.
A STRUCTURAL SHIFT TOWARDS ACCOUNT-TO-ACCOUNT PAYMENTS
Cards continue to play a role in the European payments landscape. At the same time, Open Banking payments and real-time A2A transactions are steadily gaining momentum.
Pay by Bank represents a natural evolution towards:
IBANXS enables you to implement this evolution today – securely and at scale.
ENABLE OPEN BANKING PAYMENTS WITH CONFIDENCE
Secure. Compliant. Scalable.
Talk to IBANXS and discover how Pay by Bank can strengthen your European payment strategy.
TRY US
Why just hear about it when you can experience it? At ibanXS, we believe in demonstrating what we promise. Get access to our Sandbox environment and explore how our solutions work in real-world scenarios. Dive into our API documentation to see how easy it is to integrate with over 2,500 banks.
Whether you want to test specific features or simulate use cases, we provide everything you need to experience our platform’s capabilities. Want access? Just ask us, and we’ll get you started.
