Pay-by-Bank, direct from the till with STL Technology

EchoPay's Pay by Bank integration with STL's Till and Central Cash systems provides merchants with a seamless alternative to traditional card payments. Through a dedicated Pay by Bank button directly within the STL payment workflow, staff can instantly generate and send a secure payment request to a customer's mobile phone.

When the Pay by Bank option is selected, the customer receives a payment link via SMS or other configured communication channels, such as WhatsApp. The link takes them directly to our online banking environment, where they can authorise the payment using their bank's secure authentication process. Funds are transferred directly from the customer's bank account to the merchant without the need for card networks, reducing processing costs while maintaining a fast and frictionless checkout experience.

The integration is fully embedded within STL's Till and Central Cash ecosystem, allowing businesses to continue using their existing payment processes while benefiting from the advantages of Open Banking technology. Payment requests are generated automatically from the transaction value entered at the till, eliminating manual input and reducing the risk of errors.

Staff can initiate payments in seconds, while customers enjoy a familiar and secure banking experience on their own device.

By combining STL's proven point-of-sale technology with EchoPay's innovative Pay by Bank platform, businesses can offer a modern payment experience that delivers greater efficiency, lower costs, and enhanced convenience for both staff and customers.

Case Study

A leading Scottish wholesaler initially introduced Pay-by-Bank on their STL tills at a single location to modernise its checkout experience and reduce payment processing delays. The integration allowed staff to send secure Pay by Bank payment requests directly to customers' phones, creating a faster and more convenient payment journey while eliminating the need for customers to present cards or handle cash.

The impact was immediate. Staff spent less time managing payments, queues moved more efficiently, and customers appreciated the seamless experience of authorising payments directly through their banking app. The business also benefited from instant settlement of funds, improving cash flow visibility and removing the delays often associated with traditional card payment processing.

Following the success of the initial deployment, the wholesaler expanded the solution to three additional sites within six months. The combination of operational time savings, a smoother customer experience, and faster access to funds made EchoPay and STL's integrated payment solution a natural choice for wider rollout across the business.

Pay-by-Bank, direct from the till with STL Technology

Case Study

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