FT. LAUDERDALE, Fla. — Segpay has added the Pay by Bank (UK) option to its direct payments solutions.
According to a rep, Pay by Bank (UK), powered by TrueLayer, offers real-time, secure bank-to-bank payments for customers; during checkout, customers are redirected from the Segpay Pay page to TrueLayer’s hosted page, where they sign in to their account and complete the payment.
“Pay by Bank (UK) is available to all Segpay merchants (EU, U.K., and U.S.) and helps them convert their U.K. traffic at a lower cost with a better conversion rate,” said the rep. “Price points can be set in any of Segpay’s base currencies (EUR, GBP, and USD) and remain compatible with Pay by Bank.”
Segpay CEO Cathy Beardsley enthused about the solution.
“Expanding our payment solutions with Pay by Bank (UK) gives our merchants access to a trusted method already used by many U.K. consumers,” said Beardsley. “It’s a win-win; consumers benefit from a safe and familiar experience, and merchants gain a real-time payment solution without the risk.”
Added Segpay U.K. CEO Stanley Skoglund, “We continue to look towards the future of open banking, finding the best solutions for our merchants. Pay by Bank (UK) delivers a highly secure and low-friction experience for consumers.”
For more information, visit Segpay or contact Sales@Segpay.com.