TrueLayer
truelayer.comWe're leading the Pay by Bank revolution
Finance & Fintechopen-bankingpay-by-bankpaymentspayoutsfintechapimerchant-payments
About
TrueLayer is a European open banking payments platform that enables merchants to accept and send payments directly via bank accounts, bypassing traditional card networks. It offers APIs for payments, payouts, bank-linked subscriptions, customer verification, and data enrichment. The platform serves industries including ecommerce, iGaming, financial services, travel, and crypto.
Problem
Merchants face increasing card processing fees, fraud costs, and lack of payment choice due to card network duopolies.
For
Enterprise merchants and businesses seeking lower-cost, card-free payment solutions
How it works
TrueLayer's API connects merchants to a network of bank accounts, allowing consumers to authenticate payments directly through their banking app without card details.
Business model
unknown
Status
launched
Company
TrueLayer