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TrueLayer

TrueLayer is an open-banking payments company operating a Pay by Bank network. It provides payment, payout, data, verification, and related API products for merchants across ecommerce, iGaming, financial services, travel, and crypto.
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Bank On File


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Description

Bank on File is TrueLayer’s payment product for bank-account-based one-click payments. After a customer sets up a mandate, businesses can support future checkout payments, fixed or variable recurring billing, subscriptions and instalments, with bank authentication, instant payment confirmation and refunds over bank-to-bank rails.

Category: Payments Infrastructure

Verification


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Description

Verification is a TrueLayer product providing name verification, including UK Confirmation of Payee services, and instant account verification through biometric authentication in a customer’s bank app. It also supports verified payment and payout flows, including suspense accounts that hold funds until required age or name verification is complete.

Category: Payments Infrastructure

Signup+


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Description

Signup+ is a TrueLayer onboarding and Pay by Bank product for regulated businesses. It lets customers create an account and make a bank payment in a single flow, using verified real-time identity data to support compliance checks and fraud reduction. It provides mobile and browser payment interfaces, integration plugins and libraries, and setup through the TrueLayer Console.

Category: Payments Infrastructure

Verified Payouts


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Description

Verified Payouts is a TrueLayer payout product for instant account-to-account withdrawals. It verifies the recipient name and original deposit transaction, keeps payouts within a closed loop to the verified originating account, and provides SEPA Instant and Faster Payments settlement with automated retries and rerouting.

Category: Payments Infrastructure

Payouts


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Description

Payouts is TrueLayer’s open-banking payout product for sending customer funds such as withdrawals, refunds, and settlements. It provides a single API with automated retries, queuing, and rerouting; uses Faster Payments in the UK and SEPA Instant in Europe; and offers dashboard visibility plus mobile, browser, SDK, and ecommerce integration options.

Category: Payments Infrastructure

Data


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Description

Data is a TrueLayer product for accessing customer financial information in real time. It supports account ownership and transaction-history verification, account aggregation, affordability checks, spending insights and money management, fraud prevention, and more seamless onboarding and payment experiences.

Category: Payments Infrastructure

Pay By Bank


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Description

Pay by Bank is TrueLayer's open-banking payment product for accepting direct bank-account payments. It provides real-time settlement, bank-app biometric authentication, merchant-account transaction visibility, implementation APIs and Console access, plus mobile, browser, and ecommerce integration options.

Category: Payments Infrastructure