Truelayer, the Europe’s leading open banking payments network with over 10 million users across 21 countries, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe.
BR-DGE is a category leader in payment orchestration, working with enterprise businesses worldwide, across sectors like transport, travel, igaming, digital goods and online retail. BR-DGE’s platform offers seamless access to multiple banks, payment methods and other key payment-related services via a single integration.
„At BR-DGE, we’re really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank.” said Tom Voaden, VP Commercial, BR-DGE
Recognising the growth in open-banking powered Pay by Bank, particularly in the UK, but increasingly across Europe and further afield, BR-DGE has partnered with open banking payment provider — and Pay by Bank leader — TrueLayer, to add this seamless, secure and cost-effective payment method to its suite of payment options.
A best-in-class, high-performing checkout experience is one that blends customer preference with the best business outcomes, namely reducing cost inefficiencies and driving sales. To do this effectively, merchants need to be able to access, operate and add new payment methods to their checkout quickly and efficiently. That’s where BR-DGE comes in: a single integration connecting merchants with an entire ecosystem of payment methods, fraud solutions, PSPs and more, challenging outdated processes and legacy technology, which so often hold businesses back.
By adding TrueLayer to its growing ecosystem, BR-DGE will offer its merchants a payment method — in Pay by Bank — that sees over 20 million payments a month in the UK alone, and two-thirds of online shoppers comfortable trying Pay by Bank if offered.
Mariko Beising, VP Financial Services & Payment Partnerships at TrueLayer, commented:
“Pay by Bank — and open banking more generally — is no longer an idea on the distant horizon, it’s right in front of us. Consumer adoption is growing rapidly, and merchants increasingly recognise the benefits, namely its real-time settlement, high-converting user experience and bank-grade security. BR-DGE is leading the way in payment orchestration and we’re delighted to partner with them to offer Pay by Bank to its merchants.”
Tom Voaden, VP Commercial at BR-DGE, said:
“At BR-DGE, we’re really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank. This collaboration not only simplifies connectivity and expands payment options but also positions BR-DGE to drive industry standards for open, interconnected networks—future-proofing our platform for continued growth and innovation.”
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Founded in Edinburgh in 2018, BR-DGE is a global payment orchestration platform. By serving as a technology anchor-point, BR-DGE enables enterprise merchants, financial institutions, platforms and payment providers to access best-in-class payment tools and products via a single integration. BR-DGE’s modular platform connects with over 400 payment methods and partner solutions, including Visa, Mastercard, PayPal, Discover, Thunes, Trustly, Kount and more.
In 2023, BR-DGE was the first platform to go live with Visa Instalments with a UK merchant and launched BR-DGE Vault, its proprietary, standalone Network Tokenisation solution.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
