Instant Payments

The process is fast and safe. The consumer simply chooses Pay by Bank at checkout, selects their bank from the list, and logs in securely using their bank’s usual identification method (such as biometrics or a digital ID). The payment is then authorised and processed instantly, without needing to input any card details or register an account.

No, chargebacks are virtually eliminated. Brite Instant Payments are direct Account-to-Account (A2A) transfers that the consumer authorises using their bank’s mandatory security protocols (SCA). Because the payment is authenticated and irrevocable, it removes your financial liability for card-related chargebacks.

Consumers typically spend less than 60 seconds from the start of the Brite Pay by Bank payment experience to completion on a merchant’s website. Settlement into your Brite Merchant Account typically happens in seconds once authorised by the consumer.

Brite leverages its proprietary network (Brite IPN) to route payments in the most efficient way possible, minimising dependency on traditional bank clearing cycles to provide real-time payment confirmation and improved cash flow.

Refunds are processed just as quickly as the original payment.

You initiate the refund via your merchant system or API, and Brite handles the instant payout. Our Instant Refunds feature is designed so that a consumer receives the funds in their bank account in seconds, drastically improving consumer satisfaction and reducing support costs.

UK Pay by Bank methods, such as Brite Instant Payments, can positively improve your conversion rate.

According to YouGov and other research sources, consumers are adopting Pay by Bank because it is faster and more secure than traditional credit or debit cards. By eliminating the friction of entering lengthy card numbers, our optimised UX boosts success rates.

Our ‘Pay Faster Next Time’ feature makes the experience even faster for returning consumers.

Pay Faster Next Time is our innovative solution designed to maximise loyalty and repeat sales by significantly speeding up the checkout process.

It’s the Open Banking equivalent of a one-click payment: allowing returning consumers to complete their purchase using only one streamlined authentication step. When combined with our Bank Account Selector, consumers are able to complete the Brite Instant Payment journey in a matter of seconds, using their preferred bank account.

Pay by Bank is the generic, consumer-facing term for open banking bank transfers, while Brite Instant Payments is Brite’s specific product that merchants integrate to offer this payment option

Instant Payments: Brite’s proprietary B2B payment product that utilises account-to-account (A2A) open banking rails, enabling merchants to process instant payments and offer instant payouts.

Pay by Bank: The common, consumer-facing UX label for A2A payments initiated via open banking technology, regardless of the provider that enables the transaction.

For a consumer, Pay by Bank is an online payment method that lets you pay directly from your bank account using your online banking login, facilitated by secure technology like Open Banking, for quick, card-free, and often cheaper transactions. You simply log in and approve the payment in your bank’s app or on its website. It’s a modern alternative to card payments, moving funds instantly (or near-instantly) from your account to the merchant’s.