Payment Expert – MultiPay and Acquired launch Pay by Bank in latest collaboration
Payment Expert’s article discusses the launch of our new payment solution called Pay By Bank, aimed at meeting the demand for alternative payment methods (APMs) at checkout. The solution enables merchants to process in-store transactions directly from customers’ bank accounts, offering benefits such as cost savings, increased acceptance rates, and reduced fraud exposure. MultiPay’s CEO, David Maisey, emphasises the use of cutting-edge technology to empower merchants and enhance customer experiences. Developed in partnership with Acquired.com, the solution will initially be available to UK merchants, with an international launch planned later. Payment Expert highlight in their article the growing demand for APMs, citing statistics from the BRC Payments Survey 2023. Both companies express confidence in the solution’s potential to revolutionise in-store transactions and strengthen their partnership.
