How to integrate Pay by Bank into a PSP platform
One way for PSPs to integrate Pay by Bank is through an open banking provider like Yapily, which offers a single API for payments and account data across nearly 2,000 banks in 19 European markets.
Instead of building and maintaining individual bank connections, PSPs can plug into Yapily’s infrastructure to offer operators instant deposits, faster withdrawals, and can support compliance processes implemented by PSPs
The challenge of direct integration
Bank fragmentation: Each market has its own APIs, standards, and requirements.
Engineering complexity: Maintaining multiple integrations drains developer resources.Compliance overhead: PSPs must ensure payments meet PSD2, SCA, AML, and local rules.
For most PSPs, building Pay by Bank connections in-house is slow, costly, and difficult to scale.
Step-by-step: integrating Pay by Bank with Yapily
Connect once via Yapily’s API
Access nearly 2,000 banks across 19 countries through a single integration.
Avoid managing multiple bilateral connections.
Embed payments into your PSP platform
Add Pay by Bank as a deposit and withdrawal option for iGaming operators.
Use hosted payment pages or fully white-labelled flows to keep brand control.
Enable compliance and onboarding
Use Yapily Validate for instant account verification and ownership checks.
Leverage enriched data for AML, KYC, and affordability checks.
Optimise settlement flows
Instant deposits and withdrawals through Faster Payments and SEPA Instant.
Automated reconciliation and audit trail for regulatory reporting.
Scale with enterprise support
Handle high-volume transaction loads with Yapily’s resilient infrastructure.
Get dedicated onboarding and technical consultation for smooth go-live.
Why PSPs should integrate Pay by Bank
Win operators: Offer faster, cheaper payments compared to cards and e-wallets.
Boost player conversion: Reduce failed deposits and improve first-time success.
Lower costs: Avoid card-scheme interchange and chargeback fees, which can reduce processing costs.
Increase stickiness: Combine payment initiation with data services that can support PSP's compliance processes.
Why PSPs are choosing Yapily
Yapily makes it simple for PSPs to integrate Pay by Bank at scale:
Single API integration: Payments and data across UK and Europe.
High success rates: Direct bank connections designed for enterprise use.
White-label flexibility: PSPs own the operator experience.
Enriched data services: Affordability, AML, and KYC support through Yapily Data.
Future-ready infrastructure: VRP capabilities to support new recurring payment models as they go live in the UK.
In short: Yapily enables PSPs to integrate Pay by Bank quickly and securely, reducing time to market and giving operators instant access to faster, cheaper, and more compliant payments.
FAQs for PSPs on integrating Pay by Bank
How long does it take to integrate Pay by Bank into a PSP platform?
With Yapily, PSPs can go live in weeks, not months, thanks to a single API connection covering nearly 2,000 banks.
Does Pay by Bank require separate integrations per market?
No. Yapily provides multi-market access through one API, removing the need for multiple provider contracts or bank connections.
Can Pay by Bank integration support compliance requirements?
Yes. Yapily enables PSPs to embed affordability checks, KYC, and AML monitoring directly into the payment flow using Yapily Data and Yapily Validate.
How does Pay by Bank improve operator conversion rates?
Pay by Bank reduces failed deposits by connecting directly to customer accounts with Strong Customer Authentication, increasing first-deposit success.
Why choose Yapily for Pay by Bank integration?
Yapily offers broad coverage, high success rates and white-label flexibility, making it the most complete solution for PSPs supporting iGaming operators.