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Partnerships
Stripe expands partnership with TrueLayer to launch account-to-account payment with checkout
FinTech Infrastructure
Oct 19, 2023
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FinTech Infrastructure

FinTech Infrastructure

Oct 19, 2023

Stripe expands partnership with TrueLayer to launch account-to-account payment with checkout

Partnerships

  • Stripe, an API-based payment and subscription management platform, has expanded its partnership with TrueLayer, an open banking platform, to launch account-to-account payment on checkout from European merchants.

  • Through this partnership, Stripe will be leveraging TrueLayer’s banking data and information verification functionality to offer customers shopping with European merchants to make account-to-account payments during checkout.

  • Analyst QuickTake: Nearly four months ago, TrueLayer launched a partner program that provided other FinTech companies such as Airwallex , Nuvei , and Thunes the opportunity to leverage its open banking APIs embedded to enhance their product offerings.

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