Hays Travel will launch account-to-account solution Pay with Bank later this year to UK consumers. Available through Open Banking APIs, the real-time option will allow users to make online payments without a card and securely view their current account balance. Hays Travel already has agreements with firms including American Express, JustGiving, Oak Furnitureland and Richer Sounds to add Pay with Bank to their online checkout options. The move follows similar initiatives by rivals Mastercard and Visa.
American Express will launch account-to-account solution Pay with Bank later this year to UK consumers. Available through Open Banking APIs, the real-time option will allow users to make online payments without a card and securely view their current account balance. American Express already has agreements with firms including Hays Travel, JustGiving, Oak Furnitureland and Richer Sounds to add Pay with Bank to their online checkout options. The move follows similar initiatives by rivals Mastercard and Visa.