New financial regulations (PSD2 and Open Banking) have unlocked the door for merchants to access a better way to get paid online.

Account-to-account payment technology empowers merchants to cost effectively challenge traditional payment processes, gain access to instant payment settlement and provide customers with more seamless checkout experiences.

⬇️ Cut out traditional payment flow costs:

Account-to-account payments move instantly from a customer's bank account to a merchant's bank account via Open Banking APIs.

Payments are authenticated via online banking apps, and a payment card is not required.

Importantly, this cuts out interchange fees charged by banks and card scheme fees traditionally accepted as a cost transacting online, and VibePay passes these savings on to the merchant.

Instant payment settlement:

Legacy payment processes are slow; they can take days or even weeks to process simple payments, leaving merchants to deal with the inevitable concerns and admin associated with delays.

Account-to-account payment are instant, empowering merchants with faster access funds.

🚅 Seamless checkout experiences:

Give your customers a truly streamlined mobile-first experience with account-to-account payments and increase your cart conversion rate.

Customers authenticate payments in seconds via their online banking app, so lengthy cards details are not required.


Account-to-account payments, enriched customer data and access to engaged and transactional community users are just some of the ways VibePay can help your business grow.  

Want to learn more about VibePay for Business? Contact the team now.