Token.io Expands Pay by Bank with UK's First New Payment Scheme in Nearly 20 Years
Level-up your player experience
Instant payments
Drive player loyalty and build trust with lightning-fast deposits and cash-outs directly to and from verified bank accounts.
Minimise fraud
Every payment is authenticated directly with a bank, with SCA is seamlessly baked-in, protecting you and your users. Never share or store sensitive payment details.
Smooth onboarding
Up to 50% of new users abandon onboarding due to friction. Instantly source identity data and verify bank account ownership for faster, easier KYC checks.
Reduce abandonment
Nearly any player with a UK or EU bank account can deposit with Pay by Bank, with success rates over 95% in top markets.
Stand out
Industry research shows fast payouts are the most important factor players consider when comparing iGaming brands. Take the lead with Pay by Bank.
Lower costs
Pay by Bank cuts processing and operational costs to a fraction of traditional payment methods.
Players can deposit instantly with Pay by Bank using biometric authentication, completing transactions in just a few clicks. In some markets, a one-time setup allows for convenient one-click deposits in the future.
See Pay by Bank in action. Explore our Use Case Library.
We cover all the bases
Customisable UX
Your platform, your brand. Customise payment flows to fit your needs. Easily embed into any experience with Pay by Bank Links and QR codes.
Growth services
Drive adoption and maximise the benefits of Pay by Bank with our collaborative training, advisory and support services.
Licencing as a service
Use our plug-and-play payment flows and go to market faster under our licences (PISP/AISP, UK/Europe) for open banking.
Smoother payouts
Eliminate penny checks and manual processes. Automatically verify account ownership before making an instant payout.
Support compliance
Easily prove source of funds with deposits direct from verified bank accounts.
No chargebacks
Eliminate the revenue losses, cashflow disruptions and operational burdens of chargebacks.
Partner with the best in the business
A complete solution
One partner for the easiest access to leading Pay by Bank schemes, the broadest acceptance, highest conversions and fastest time to success.
Unrivalled acceptance
Reach more payers in more markets. Initiate payments to over 567 million bank accounts in the UK & Europe through our unrivalled Pay by Bank network.
Built for scale
Our platform and service have the scale to suit the UK and Europe’s largest operators.
PAY BY BANK INFRASTRUCTURE
Powering leading Pay by Bank schemes and unrivalled open banking connectivity.
Cutting-edge infrastructure
Explore our products
- PAYMENTS
Industry-leading Pay by Bank solutions](/content/payments/index.html) - VRP
One-click, recurring and automated bank payments](/content/variable-recurring-payments/index.html)
Pay by Bank for other industries
- Crypto](/content/industries/crypto/index.html)
- Ecommerce](/content/industries/ecommerce/index.html)
- Payments](/content/industries/payments-industry/index.html)
- Fintech & Financial Services](/content/industries/fintech-financial-services-industry/index.html)
- Banking](/content/industries/industry-bank/index.html)
Recent awards
Merchant Payment Ecosystem Awards
Winner: Best Open Banking / A2A Payment Solution 2026
Juniper Research Future Digital Awards
Winner: Best A2A Payments Platform 2025
Open Banking Expo Awards
Winner: Best Open Banking Payment Project 2025 - Consumer