eBay have just made it easier than ever to buy and pay on their platform with the introduction of Pay by Bank.
Pay by Bank is a fast and secure way to checkout with bank-level encryption, instant payment confirmation and greater control powered by Truelayer. The reason that this is a winner, is that you can now pay directly from your bank account and don’t need to go hunting for your card details.
I especially like that it links directly to my banking app, allowing me to select either my current account for personal purchases or my business account when I’m making a work purchase (yep, I can never remember which card is which from the last four digits!).
How eBay Pay by Bank works
- Choose Pay by Bank at checkout – Then select your bank from the list of providers via eBay’s partner Truelayer
- Confirm the details – Log into your banking app as usual, select which account you’d like to pay with and authorise the payment.
- Complete your purchase and you’ll be redirected back to eBay
Benefits of eBay Pay by Bank
- Fast Checkout – Complete your payment in a few clicks – no card needed
- Secure Shopping – Payments are authenticated directly through your bank with a secure connection
- Greater Control – Stay on top of your spending – see your bank balance and approve payments
