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Ride the next wave of digital payments in the UK

23.02.2021

Brexit means that the EU’s cap on credit-card interchange fees no longer covers the UK – leaving credit card providers free to increase fees. EU-based merchants must now pass the fees on to consumers as higher prices

Luckily, there’s an alternative on the rise: bank transfer apps in the UK like Pay by Bank app are more popular than ever.

Download our latest report to discover:

  • How bank transfer payments work and why Brits love them
  • How EU merchants can cut costs by half (or more!)
  • Detailed info for Pay by Bank app