Page Comparison

Overview

Open banking enables payments to enter your business account directly from your customer’s account in real-time. The entire transaction is processed through online banking.

Open Banking banking allows for transactions to occur B2C (Business to Consumer) without needing a card processor to complete the payment. It differs from conventional card payment systems (Visa, Mastercard, and Amex).

Turning on open banking

To enable open banking for your Blink account, simply request the feature from the top right-hand corner of the portal.

Once you have made the request, one of our onboarding team members will initiate the process. Once the process is complete, your customers will be able to make payments using Open Bankingopen banking.

Using

Open Banking

open banking

Once Open Banking open banking is enabled, your customer can select ‘Pay ‘Pay by Bank’ Bank’ as a payment option on the Blink Page and PayLinks.
Customers will only be required to enter their email and the amount when paying on a Blink Pagepage. There is no additional information necessary when your customer pays via a PayLink.
Selecting ‘Pay By Bank’ will initiate the Open Banking open banking flow for the customer.
The customer will first need to select the bank they wish to pay from, and they will then be required to complete their bank’s unique authenticationOnce .
The payment process is complete once the customer has successfully authenticated the transaction with their bank and the customer’s bank accepts the transaction, the payment process is complete.
Both you and the customer will now be issued receipts for the payment if successful.

Info
If the customer’s bank declines the transaction, the customer will be taken directed to a payment declined screen page and the payment will not go throughbe processed.

Video tour - Paying via

Open Banking

open banking on a PayLink

Open Banking Paylink (1).mp4

Paying a Paylink with Open Banking open banking (example. Revolut)

Find

If Open Banking is enabled, an Open Banking transaction history table will be visible to track transactions

Once enabled, you can track your open banking transactions through the open banking transaction history table on Blink.
You can find this under Reporting→ Open Banking
Each transaction can also be viewed, which will pull up the relevant PayLink/Blink Page that the transaction was taken from
This will also display banking.
View from which paylink or Blink page the open banking transaction originates.
View the status of the transaction: Success or FailedAs well as .
Additional details provided include the Date/Time, Customer Email, Source, Reference, Amount, and Unique Transaction Reference ID.