May 24, 2023 | 7 min read
Pay by Bank
Pay by Bank is the trending payment technique for consumers who wish to purchase using their phone. On the consumer end, it works a lot like digital wallets or P2P apps. There’s a big plus for merchants, however, as pay-by-bank payments do not incur credit card fees. So, how do these payments work? Are they really a game changer for the payments space?
Banking
