Truelayer Partners With BR-DGE To Enhance Enterprise Payments With Pay By Bank
13th of January 2025, London, UK. TrueLayer, Europe’s leading open banking payments network, today announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe.
BR-DGE is a category leader in payment orchestration, working with enterprise businesses worldwide, across sectors like transport, travel, igaming, digital goods and online retail. BR-DGE’s platform offers seamless access to multiple banks, payment methods and other key payment-related services via a single integration.
Recognising the growth in open-banking powered Pay by Bank, particularly in the UK, but increasingly across Europe and further afield, BR-DGE have partnered with open banking payment network — and Pay by Bank leader — TrueLayer, to add this seamless, secure and cost-effective payment method to its suite of payment options.
Advancing interoperability within the payments ecosystem
A best-in-class, high-performing checkout experience is one that blends customer preference with the best business outcomes, namely reducing cost inefficiencies and driving sales. To do this effectively, merchants need to be able to access, operate and add new payment methods to their checkout quickly and efficiently. That’s where BR-DGE comes in: a single integration connecting merchants with an entire ecosystem of payment methods, fraud solutions, PSPs and more, challenging outdated processes and legacy technology, which so often hold businesses back.
By adding TrueLayer to its growing ecosystem, BR-DGE will offer its merchants a payment method — in Pay by Bank — that sees over 20 million payments a month in the UK alone, and two-thirds of online shoppers comfortable in trying Pay by Bank if offered.
Mariko Beising, VP Financial Services & Payment Partnerships at TrueLayer, commented:
“Pay by Bank — and open banking more generally — is no longer an idea on the distant horizon, it’s right in front of us. Consumer adoption is growing rapidly, and merchants increasingly recognise the benefits, namely its real-time settlement, high-converting user experience and bank-grade security. BR-DGE is leading the way in payment orchestration and we’re delighted to partner with them to offer Pay by Bank to its merchants.”
[Tom Voaden], [VP Commercial] at BR-DGE, said:
“At BR-DGE, we’re really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank. This collaboration not only simplifies connectivity and expands payment options but also positions BR-DGE to drive industry standards for open, interconnected networks—future-proofing our platform for continued growth and innovation.”
About TrueLayer
TrueLayer is Europe’s leading open banking payments network. We power smarter, safer and faster online payments by combining real-time bank payments with financial and identity data. Businesses big and small use our products to onboard new users, accept money and make payouts in seconds, and at scale. We’re live across 21 countries and over 10 million users trust us to process their transactions. Though we’re not stopping here. We’re on a mission to change the way the world pays. And we won’t stop until we’ve unlocked the full potential of payments. Visit truelayer.com
About BR-DGE
Founded in Edinburgh in 2018, BR-DGE is a global payment orchestration platform. As an entirely independent technology provider, BR-DGE is redefining the ecosystem, to deliver value through the entire payments chain.
By serving as a technology anchor-point, BR-DGE enables enterprise merchants, financial institutions, platforms and payment providers to access best-in-class payment tools and products via a single integration. BR-DGE’s modular platform connects with over 400 payment methods and partner solutions, including Visa, Mastercard, PayPal, Discover, Thunes, Trustly, Kount and more, to help clients overcome payment challenges and drive better customer and commercial outcomes for their business.
In 2023 BR-DGE’s new merchant signups grew by 60% year-on-year, committed revenues increased by 600%, and the company launched BR-DGE Vault, its proprietary, standalone Network Tokenisation solution.
In 2024, BR-DGE launched its white-label payment orchestration solution and expanded into the Asia-Pacific region, in response to increasing market demand.
For more information and the latest company news, please visit: https://br-dge.to/
Media Contact - Headland
truelayer@headlandconsultancy.com / +44 (0)7717 827258 (Drew Salisbury)
Related content