TrueLayer announces eBay tie up bringing Pay by Bank solution to UK buyers at checkout

TrueLayer has partnered with eBay to introduce Pay by Bank at checkout in the UK.

With Pay by Bank, eBay’s UK buyers can pay directly from their bank accounts, authorising the transaction through their own bank app in seconds, with no cards or manual entry of account details required. Bank login information is not shared with or stored by eBay. TrueLayer connects the buyer’s bank to process the payment.

The move builds on eBay Ventures making an undisclosed investment in TrueLayer.

“Our partnership with eBay brings Pay by Bank into the everyday shopping journey of millions of UK customers,” says Francesco Simoneschi, CEO and Co-founder at TrueLayer. “By integrating directly into eBay’s checkout, we’re enabling instant, bank-authenticated payments at scale that allows merchants to benefit from a faster and more streamlined payment experience. This is another step towards a real-time payments ecosystem that aligns with modern consumer expectations.”

“We’re constantly evolving eBay’s checkout experience to expand choice and make paying on our platform safer, faster and more seamless,” says Avritti Khandurie Mittal, Vice President of Product at eBay Services.

“Pay by Bank represents an important step in diversifying our payment mix with a secure, real-time way for buyers to pay directly from their bank accounts. Through our partnership with TrueLayer, we’re bringing this innovation to millions of UK customers while continuing to build a more modern, efficient payments experience.”

2026 RTIH Innovation Awards

Payments will be a key focus area at the 2026 RTIH Innovation Awards.

The awards will open for entries in April. They celebrate global retail technology innovation in a fast moving omnichannel world.

Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Thursday, 15th October.

Check out our 2025 winners here.

Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”

“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”

He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”

Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.