Pay by Bank from allpay

Pay by Bank from allpay lets customers pay an organisation directly from a bank account using Open Banking instead of entering card details. At checkout, the customer selects Pay by Bank, chooses a bank, and authorises the payment through a banking app or online banking; confirmation arrives near instantly. Since the customer authorises the payment through their bank, the organisation does not handle sensitive account details. The service is intended to help reduce failed and abandoned transactions by avoiding expired cards, incorrect entries, and manual input. allpay says bypassing card networks can help lower processing costs, but the product page does not give a price; pricing is on request. The rollout is beginning with the allpayments app and online payment journeys using hosted payment pages. Gateway Plus support is marked as coming soon, without a specified date. The page highlights housing associations, local authorities, rent and income collection teams, utilities, billing organisations, and organisations managing high volumes of regular payments. Platforms listed are Android, iOS, and web.

Pay by Bank offers an account-to-account alternative to card entry for organisations accepting payments online or through the allpayments app. Check with allpay for pricing and the timing of Gateway Plus support.

It is aimed at organisations collecting rent, income, utility bills, or other regular payments, particularly at high volume. The listed platforms include web and mobile options.

Pay by Bank from allpay is an account-to-account option for collecting online payments without card entry. It is best suited to housing, public-sector, utility and billing organisations handling regular or high-volume collections. Its bank-authorised flow avoids card-detail handling, but custom pricing and a staged integration rollout are important constraints.

Overview

At checkout, customers choose Pay by Bank, select their bank and approve the payment in their banking app or online banking. Confirmation is near instant, and settlement is instant. Because authorisation takes place with the bank, the organisation does not handle sensitive account details.

Replacing card networks may reduce processing costs, while removing expired cards, incorrect entries and manual input can help prevent failed or abandoned payments. Those advantages suit frequent collections, but without a published transaction rate, organisations cannot weigh the potential savings against their current costs before contacting allpay.

Key features

• Bank-led authorisation: Customers approve each payment through their bank. This keeps sensitive account details out of the organisation’s hands, although it does not mean the organisation has no payment responsibilities.
• Card-free payment flow: Selecting a bank and authorising through banking replaces card-detail entry. That can avoid failures tied to expired cards or mistyped information, but does not guarantee every payment will succeed.
• Multiple payment journeys: Pay by Bank is rolling out through the allpayments app and online hosted payment pages. Gateway Plus support is coming soon, with no date stated, so organisations dependent on that route should confirm availability before committing.
• Security credentials: Allpay describes the method as FCA-regulated and says it is PCI DSS compliant, alongside adherence to ISO 9001, ISO 14001, ISO 27001, ISO 45001 and ISO 50001 standards.

Pricing

Pay by Bank is a paid service with custom pricing. Allpay says account-to-account processing can lower costs by bypassing traditional card networks, but provides no rate or price on the product page. The organisation’s actual savings therefore depend on a sales quote and comparison with its existing payment costs.

There are no published plan tiers, seat allowances, quotas or trial terms to compare. Organisations should contact allpay’s sales team to establish pricing and confirm how the rollout applies to their payment channels.

Platforms

The service is available across web, Android and iOS, with payment journeys intended to work across web, mobile and assisted channels. Current rollout details name the allpayments app and hosted payment pages; Gateway Plus support remains forthcoming. Allpay’s platform supports 5.5 million end users and processes more than 90 million transactions annually, providing scale context rather than a guarantee of service outcomes for a particular organisation.

Who it's for

Housing associations, local authorities, rent and income collection teams, utilities and billing organisations are the clearest fit, especially when they manage high volumes of regular payments. The payment flow can reduce reliance on card details and avoid some card-related failure causes. Organisations needing a known processing rate or Gateway Plus support immediately should resolve those points before choosing it.

Pros and cons

• Pro — no card details at checkout: Customers authorise through their bank, so the organisation does not handle sensitive account details.
• Pro — fewer card-entry failure points: Avoiding expired cards, incorrect entries and manual input can help reduce failed or abandoned payments.
• Pro — broad collection use cases: The service targets housing, local government, utilities and other organisations with regular payment volumes.
• Con — custom pricing: No published rate makes it difficult to estimate savings from bypassing card networks without a sales discussion.
• Con — incomplete integration rollout: Gateway Plus support is not yet available, which may rule it out for organisations that rely on that platform today.

Alternatives

For a broader comparison, see Open Banking Payment Platforms.

• TrueLayer Data API is a better fit for teams that need bank-data access as well as payments: it offers a free Sandbox for mock-data testing without production access, while Production pricing depends on volume and use case.
• Lean Payments is another paid option for organisations seeking an Open Banking payment service.
• Trustly may suit merchants considering a paid provider with merchant pricing handled through sales.
• Volt is another paid option with price-on-request terms.
• TrueLayer Payments is a paid alternative without a free plan.
• Fire Payments API may suit organisations looking for API access with customised corporate pricing on request.
• Plaid may suit eligible US and Canada teams wanting to explore a free trial, subject to its eligibility and trial limits.
• Brite Payments is another paid alternative available on web, Android and iOS.

Verdict

Pay by Bank from allpay is a strong candidate for organisations collecting rent, bills or other regular payments at scale, particularly when reducing card-detail handling and avoiding card-entry errors matter. Its main appeal is a direct bank-authorised flow with instant settlement; its main drawback is that custom pricing and the unfinished Gateway Plus rollout make costs and channel fit harder to confirm. Choose it when allpay’s current payment journeys match your needs and a quote supports the case; look elsewhere if you require a published rate or Gateway Plus support now.