Description
TrueLayer is a leading open banking platform in Europe, revolutionizing the payment industry with its "Pay by Bank" network. The company provides solutions that help merchants reduce payment costs, increase average order value (AOV), and enhance security by eliminating the need for traditional card payments. Their services are designed for various industries, including e-commerce, iGaming, and financial services, offering products like Payments, Payouts, and Recurring Payments. TrueLayer's platform is built for enterprise businesses, handling a significant volume of UK Pay by Bank transactions and focusing on simplicity, safety, and providing more choice in the payment ecosystem. The company is authorized and regulated by the UK Financial Conduct Authority.