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PayByBank is an online payment solution that enables users to make direct bank transfers for e-commerce purchases. At checkout, customers select the PayByBank option, which redirects them to their bank’s online banking system. After securely logging in, they authorize the payment, which is processed directly from their bank account to the merchant. This method eliminates the need for credit cards or entering sensitive information, enhancing security. Powered by open banking technology, Tink PayByBank ensures fast, safe, and seamless transactions. It offers an easy and privacy-conscious way to make payments online.
About Processing News
You Won’t Learn This in Business School – Real Industry Insight
The financial world moves fast. Payments power the global economy, but few truly understand how it all works. That’s where we come in. At Processing News, we don’t just report on the payments industry — we’ve built it, run it, and innovated within it.
Our contributors are former fintech executives, payment system architects, compliance officers, and tech insiders with firsthand experience.
We launched Processing News to be the Wikipedia of Payments — accessible, in-depth, and above all, accurate. In an era of clickbait headlines and recycled press releases, we deliver reporting grounded in real-world knowledge.
Whether it’s new regulations, card network changes, emerging fintech, or fraud detection trends — we break it down with clarity, context, and credibility.Welcome to Processing News.Real people. Real experience. Real payments journalism.
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