A2A payments. Simplifying payments, strengthening connections
Say goodbye to card payments, the cheaper, faster and more secure alternative is here: Moneyhub’s Account-to-Account Open Banking Payment API.
A2A payments move money from the payer’s bank account to the payee’s bank account through the instant payment networks. These inexpensive, push-only credit transfers, or single immediate payments, complete in seconds using the secure faster payments network.
Moneyhub is an FCA Authorised Payment Initiation Service Provider (PISP) whose technology will connect you to the Open Banking ecosystem so you can build payment experiences.
POS retail
Scan a QR code and pay by phone, no card needed
Ecommerce
Reduce friction, one-click secure payment
SME and tradespeople payments
Make seamless large payments with a QR code, no card fees
P2P payments
Transfer money between accounts without having to type in a sort code or account number
Charity donations
Reduce processing fees, more of the donation goes to a good cause
Faster, low cost and more secure
No need to exchange or retain sensitive card details
Reduce the risk of fraudulent chargebacks due to better authentication
Instant customer refunds, no 2-3 day wait
Save 85% compared to card-based payments
Set up open banking payments today with our no-code widget
Enable open banking capability on your website with our no-code widget and start taking single immediate payments
Open Banking Payments user journeys
Select a use case:
How Open Banking Payments work for e-commerce payments
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Your customer heads to the checkout.
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At the checkout, your customer selects the option to pay by instant bank transfer.
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The customer chooses their preferred bank.
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The customer is redirected to their own banking app where they select the account to pay from and can confirm the payment amount.
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Customer authorises the payment through their banking app with embedded Secure Customer Authentication (SCA).
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The customer is taken back to the checkout and payment is confirmed.
How Open Banking Payments work for self-service payments
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At the checkout, your customer selects the option to pay by instant bank transfer and chooses their preferred bank to pay from.
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The customer scans QR code displayed on screen with their mobile phone and initiates payment.
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The customer is redirected to their own banking app where they select the account to pay from.
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Customer authorises the payment through their banking app with embedded Secure Customer Authentication (SCA).
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The customer is taken back to the checkout and payment is confirmed.