Pay by Bank allows businesses to bypass traditional card networks, reducing transaction fees significantly. Payments are direct from the customer’s account, which speeds up cash flow and lowers operational costs.
Merchants also benefit from easier reconciliation and fewer disputes. Customers enjoy faster checkouts with secure bank authorisation. Wonderful Payments notes that small and medium enterprises in the UK can improve profitability and provide a modern payment experience.
For more practical tips and insights on Pay by Bank, visit our blog and discover how it can help your business grow.
https://wonderful.co.uk/blog/h....ow-is-pay-by-bank-re
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