Open banking

Open banking for same-day funding

Open banking functionality allows you to give your customers a secure and seamless payment method, which enables them to pay direct from their bank account. This means instant settlement, lower transaction costs, and protection for you from chargebacks.
It’s the perfect solution for merchants who want to offer customers an alternative to card payments. You can accept open banking transactions anytime via paylinks, hosted payment pages, or by integrating with the Blink Payment API.

How does the open banking feature work?

Fast settlement

You can access funds the same day, after a successful transaction.

A choice of payment options

Choose whether to accept open banking payments via a paylink or the Blink page.

Dedicated reporting page

Run reports on transaction status in the Blink Payment platform.

Flexible payouts

Decide how often you want to receive payments from your customers.

Blink Payment API integration

Open banking connects easily into your existing payment infrastructure.

Why use open banking?

Faster cash flow

Access funds quickly, with the same-day settlement.

Flexibility for your customer

Improve your customer experience by offering them payment choice and convenience.

Report on all payment types in one platform

Reconcile all payments quickly and easily, with reporting in the Blink Payment platform.

Enhanced security

Improve customer trust with bank-grade security protocols.

Lower costs

Benefit from higher profit margins and reduced transaction fees.

Reduce chargebacks

Lower the risk of chargebacks with bank-verified payments.