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 the payment result | Real-time |
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:
- Users select Pay by bank to pay.
- Users select a bank to make a payment.
- Users are redirected to the bank app or webpage. Check the order information and complete the transaction with bank account verification.
- Users receive the payment result via SMS sent by the bank.
- Users are redirected back to the merchant result page.