Stripe Announces Pay by Bank in France and Germany, in Partnership with TrueLayer - EUROPE SAYS
7 Articles
7 Articles
Stripe, TrueLayer Expand Pay-by-Bank to France, Germany
Stripe and TrueLayer are expanding their pay-by-bank services to France and Germany, a move that underscores the growing momentum of open banking in Europe. This partnership enables real-time, secure payments that bypass traditional card networks, offering merchants lower fees and improved conversion rates. The service allows consumers to authorize payments directly from their bank accounts using… Source
TrueLayer already deals with 60% of open banking transfers in France. This agreement will allow it to reach the many traders, both small and large, who use Stripe.
The Irish-US-American Fintech wants to attack powerfully in Germany and announces numerous new products. The competition can't leave this cold.
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