Paytently has partnered with Mastercard to introduce an open banking payment solution that enables direct account-to-account checkout, helping merchants improve conversion rates and cash flow.
Paytently, a payments orchestration platform, has partnered with Mastercard to launch Paytently Open Banking, a new account-to-account payment option at checkout. The solution allows customers to pay directly from their bank accounts, which typically brings merchants better conversion rates and boosted cash flow.
Open banking has become increasingly important in global payments. Mastercard research shows that more than three-quarters of consumers in leading markets already use open banking services, driving demand for faster and more transparent ways to pay. For merchants, offering a “Pay by Bank” option provides an alternative to traditional card payments and can support quicker settlement and simpler reconciliation.
The new solution combines Mastercard’s open banking connectivity with Paytently’s orchestration technology. This setup enables secure bank authentication, payment initiation, and transaction routing within a single flow. Merchants operating in regulated or complex sectors can benefit from greater speed, efficiency, and flexibility in managing their payments.
There is no available information yet regarding the timing of the launch, the regions where it would operate, and other solution details, as Paytently and Mastercard will be officially presenting Paytently Open Banking together at SBC Summit in Lisbon, September 16–18, 2025.
The partnership highlights how open banking is moving from early adoption to a mainstream payment method, giving both businesses and consumers more choice at checkout.
Earlier this year, Mastercard also partnered with British fintech company Cardstream to advance open banking in the UK.
