Pay by bank
Pay by bank is one of the popular alternative payment methods in the UK, allowing customers to pay directly from the existing bank accounts with a user-friendly, secure, and cost-effective payment experience.
Properties
The properties of the Pay by bank payment method are shown in the following table:
Payment type | Online banking | ||
Acquirer | AlipayUK | Merchant entity location | UK |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | UK | Partial refund | ✔️ |
Processing currency | GBP | Chargeback/Dispute | ❌ |
Minimum payment amount | 0.99 GBP | Refund period | 365 days |
Maximum payment amount | 15,000 GBP | Time to return payment result | Real-time |
| Supported integrations | ✔️ API-only ❌ Hosted Checkout Page ❌ Embedded Checkout Page ❌ Mobile Element ❌ Web Element ❌ Payment links | ||
User experience
Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.
The following figure shows the journey of paying with Pay by bank:
- The buyer selects Pay by bank to pay.
- The buyer selects a bank to make a payment.
- The buyer is redirected to the bank app or webpage. Check the order information and complete the transaction with bank account verification.
- The buyer receives the payment result via SMS sent by the bank.
- The buyer is redirected back to the merchant result page.