Stripe and Truyer to put the wage by the bank in France and Germany

Stripe Companyy Stripe, in cooperation with Truyer, has unveiled plans to launch the “Pay Byk” payment option in France and Germany.

The move represents the extension of the partnership, which started in the United Kingdom.

The feature is designed to simplify the exit process for companies operating in France and Germany.

It enables consumers to overcome the traditional entry of the card details and delegate payments directly from their bank accounts, and they often use biological measurement methods such as identifying fingerprints or face to ratify.

Using Truyer’s open banking infrastructure, “Pay by Bank” calls directly to bank accounts throughout Europe.

Ryanair, which has partnered with Truyer in December last yearHe also performs this payment option for its customers.

“After I saw a success in the integration of Stripe’s Trueelayer in other markets, we are pleased to bring an innovative payment solution to Germany and France,” said Sebastian Vitter, the country’s manager in Germany.

“By taking advantage of the open bank infrastructure of Trueyerer, we enable German and French companies to accept payments directly from bank accounts, making transactions faster, safer and more affordable.”

Truyer’s press release said that companies can avoid cards processing fees, which may lead to a decrease in transactions.

Payments are treated in the actual time, and the method uses the “safe and approved” approval protocols.

Truyer processes 2 billion euros in the “payment” transactions by the bank annually in France and 1.4 billion euros in Germany.

Integration will be available to all Stripe users in France and Germany in the near future.

Last month, Stripe reached an agreement To acquire the queenThe start of its New York -based encryption portfolio.

The Special Queen, established by Henry Stern and Asta Li in 2021, specializes in providing developers with application programming devices to create safe portfolios, banquet transactions and integrate Blockchain systems.

“The tape and trulayer to put the wage by the bank in France and Germany” was originally created and published by International electronic paymentsThe brand owned by Globaldata.

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