Tink and Adyen Launch “Pay by Bank” in France

Tink, a leading platform for payment services and data enrichment, and Adyen, a global fintech platform of choice for large enterprises, announce the launch of Pay by Bank (instant payments) in France. Pay by Bank is now available for Adyen merchants in the French market.

Pay by Bank is an integrated payment method based on open banking that allows consumers to initiate payments directly from their bank account. With zero data entry and fewer redirects, this account-to-account payment method offers a streamlined and cost-effective experience by allowing users to authenticate and initiate payments in a few clicks.

The launch of Pay by Bank allows Adyen merchants to differentiate themselves from the competition by offering consumers everything they expect from a payment method: familiarity, speed, reliability, and ease.

Virginie Melaine, Country Manager France at Adyen, said: “We are delighted to offer Pay by Bank to our customers in France. Our long-standing collaboration with Tink allows us to introduce this innovative technology, enabling customers to make payments directly from their bank account. Our mission is to continuously innovate to meet the present and future needs of our customers. Evaneos, the European leader in responsible travel and one of our longstanding merchants, is among the first to integrate this option, and we look forward to seeing many others follow suit.”

Mathieu Péré, Sales Director France and Benelux at Tink, commented: “We are very proud of the relationship we have built with Adyen over the years, and we are excited to work even more closely with them to help democratize next-generation payments in France. Thanks to Adyen’s scale in France and successful launches in the UK and Germany, our partnership can help accelerate the adoption of Pay by Bank, one of the simplest ways to pay online.”