Pay with Bank transfer, powered by American Express (AXP), announces it has selected Nuvei (NVEI), the Canadian fintech company, as its first acquirer authorised to promote and sell PwBt’s Open Banking-enabled payment method. The innovative payment method enables consumers to complete transactions seamlessly from their bank accounts, without having to enter card details or complete additional authentication checks. For merchants, PwBt delivers a frictionless payment where funds are reconciled instantly, with attractive processing fees. Nuvei will be promoting PwBt to both existing and prospective UK merchants, supporting them with the integration of the Open Banking payment method into their ecommerce platforms.
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