TrueLayer Launches Instant Bank Payments in Europe

European payments are about to get a lot faster. Today, TrueLayer's complete payments product expands to Ireland, France, Germany, Spain, Lithuania and the Netherlands.

TrueLayer Payments runs on the back of open banking and Europe’s fastest rails, letting you send and receive instant, data-rich bank payments in any app or website. With TrueLayer Payments, you can:

• Accept instant pay-ins: let your customers top up their accounts, buy products and send money in seconds

• Automate withdrawals and refunds: use API calls to automatically initiate withdrawals and refunds

• ​Hold a dedicated merchant account: automate reconciliation processes and get full visibility of your payment details

TrueLayer Payments addresses some of the major pain points with online payments in Europe: speed, cost, friction and fraud.