Token.io Expands Pay by Bank with UK's First New Payment Scheme in Nearly 20 Years
The speed you need for the edge you want
Instant
Send payouts and withdrawals to bank accounts in 21 European markets. Settles in seconds with 24/7/365 processing.
Verified
Instantly verify bank account ownership and payout beneficiaries. All built-in as part of our standard Payouts product.
Easy
No registration. No manual data entry. No sharing or storing sensitive details.
Faster payouts are a fierce advantage
Players
Drive trust and loyalty by giving players the fastest access to winnings with instant payouts directly to GBP or EUR bank accounts.
Investors
Help investors gain an edge with instant withdrawals to verified bank accounts.
Gig workers
Boost loyalty among gig and marketplace workers with payouts that reach them in seconds, deposited directly to their bank account.
PAY BY BANK INFRASTRUCTURE
Powering leading Pay by Bank schemes and unrivalled open banking connectivity.
Unmatched speed, unrivalled control
Instant settlement
Send and settle instantly to UK and EU settlement accounts (via Faster Payments and SEPA Instant).
API-driven
Save time with fully automated API-driven payouts. Stay in control with real-time status updates.
Self-serve dashboard
Easily access and manage meaningful reporting, customisation, configuration and permission options.
Account-to-account payouts are the fastest way to get funds to your customers — and one API integration does it all.
Explore our Use Case Library to learn more .
Cutting-edge 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)
Explore Pay by Bank for your industry
Our Pay by Bank solutions solve key challenges in your industry.
Banking](/content/industries/industry-bank/index.html)
Payments](/content/industries/payments-industry/index.html)
Fintech & Financial Services](/content/industries/fintech-financial-services-industry/index.html)
Ecommerce](/content/industries/ecommerce/index.html)
Crypto](/content/industries/crypto/index.html)
iGaming](/content/industries/igaming/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