Wire · operational-macro
Brite Payments launches Pay by Bank in the UK amid growing checkout frustration
◆ Sectors
Fintech
◆ Geography
United Kingdom
◆ Source
◆ Verified
Fusion42 · 3 October 2026 · Fusion42 review
Brite Payments has launched its Pay by Bank service in the UK after obtaining its FCA Electronic Money Institution licence, aiming to reduce checkout frustrations by enabling faster, more seamless bank-to-bank payments domestically and across Europe via a single API.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You can now offer a simplified Pay by Bank payment option that removes legacy barriers and accelerates cross-border checkout. British merchants need to integrate this to keep customers who refuse slow, error-prone card payments.
◆ Coverage
1 source · 2 Oct 2026
◆ Related on Wire
◆ Topics
Fintechopen-bankingpaymentsUKFCA-licencecheckout-frictioncross-border