Introducing Pay
with Bank

What is TravelPay Pay with Bank?

Pay with Bank is a better way for agents to accept bank payments using your customer payment link. This new payment option allows yet another way to pay, removing payment friction and modernising bank-to-bank payments. We have built this latest payment innovation using PayTo technology.

Benefits for Agents

All in One

One secure payment platform to accept both bank and card payments

Visibility

‘Pay with Bank’ transaction are recorded and accessible via the TravelPay platform

Easy Verification

Customer authorisation means bank accounts are quickly and accurately validated

Benefits for Customers

Full control

Customers can review and authorise payments in their internet or mobile banking app

Real-time Updates

Customers will receive notifications from their banking app

Robust Security

Payments are securely processed through a secure environment (online banking) which reduces fraudulent transactions

How does it work?

Once you have a Pay with Bank set up with TravelPay:

1

When a customer chooses ‘Pay with Bank’ via the agent’s customer payment link, they enter their bank account information, which triggers an authority (PayTo Mandate) to debit their bank account.

2

The customer will then receive a notification to approve the payment via their internet or mobile banking app.

3

In their app, they will be able to view and authorise the payment. The customer will have 15 minutes to complete authorisation before the authority expires. When the customer completes authorisation, the funds will be successfully transacted.

Introducing Pay
with Bank

What is TravelPay Pay with Bank?

Benefits for Agents

All in One

Visibility

Easy Verification

Benefits for Customers

Full control

Real-time Updates

Robust Security

How does it work?

1

When a customer chooses ‘Pay with Bank’ via the agent’s customer payment link, they enter their bank account information, which triggers an authority (PayTo Mandate) to debit their bank account.

2

The customer will then receive a notification to approve the payment via their internet or mobile banking app.

3

In their app, they will be able to view and authorise the payment. The customer will have 15 minutes to complete authorisation before the authority expires. When the customer completes authorisation, the funds will be successfully transacted.

4

Once the payment is processed, the merchant will be able to view in their payment history. Funds settle next business day.

Get Started with TravelPay

Introducing Paywith Bank

What is TravelPay Pay with Bank?

Benefits for Agents

All in One

Visibility

Easy Verification

Benefits for Customers

Full control

Real-time Updates

Robust Security

How does it work?

1

When a customer chooses ‘Pay with Bank’ via the agent’s customer payment link, they enter their bank account information, which triggers an authority (PayTo Mandate) to debit their bank account.

2

The customer will then receive a notification to approve the payment via their internet or mobile banking app.

3

In their app, they will be able to view and authorise the payment. The customer will have 15 minutes to complete authorisation before the authority expires. When the customer completes authorisation, the funds will be successfully transacted.

4

Once the payment is processed, the merchant will be able to view in their payment history. Funds settle next business day.

Get Started with TravelPay

Introducing Pay
with Bank