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Overview

MyBank at a glance.

MyBank turns a SEPA credit transfer into a structured online checkout: beneficiary, amount and reference are pre-filled, the customer authorises inside their own bank, and the merchant receives immediate confirmation — a EUR account-to-account route built for higher-value payments. The profile below shows where the method fits.

Type
Account-to-account payment using a pre-filled SEPA credit transfer
Payment category
Bank transfer
Primary market
Participating European banks, with strong recognition in Italy
Currency
EUR
Payment confirmation
Immediate confirmation after customer authorisation
Best for
High-value B2C and B2B, invoices, travel, automotive, luxury and payment links
The method

What MyBank is.

MyBank is a European account-to-account payment solution that turns a SEPA credit transfer into a structured online checkout. The payment details are prepared in advance and the customer authorises the transfer through a participating bank.

The beneficiary, amount and reference are pre-filled, reducing manual data entry while keeping authentication inside the customer’s familiar banking environment. The merchant receives immediate payment confirmation and can proceed with the order quickly.

MyBank can also be offered through payment links, giving merchants a bank-payment journey for remote sales, invoices and B2B collections outside a conventional shopping cart.

The MyBank payment experiences
E-commerce payment

The customer selects MyBank, chooses a bank and approves the prepared SEPA credit transfer.

Authentication stays inside the customer’s own online or mobile banking, and the merchant receives immediate confirmation after approval.

Payment link

The merchant sends a MyBank-enabled link through email, SMS, chat or another remote-sales channel.

A full bank-payment journey for remote sales, invoices and B2B collections — no conventional shopping cart required.

Repeated payment requests

Merchants can issue scheduled or repeat links for ongoing commercial relationships.

The same pre-filled transfer proposition, reused for recurring invoicing and long-running B2B arrangements.

The customer journey.

Six steps from checkout or payment link to confirmation — all inside the customer’s own bank.

  1. 01

    Select MyBank

    The customer selects MyBank at checkout or opens a MyBank-enabled payment link.

  2. 02

    Choose a bank

    The customer chooses a participating bank or payment service provider.

  3. 03

    Enter the bank environment

    The customer enters their bank’s own online or mobile-banking environment.

  4. 04

    Review the transfer

    The pre-filled beneficiary, amount and reference are reviewed.

  5. 05

    Authorise

    The customer authorises the transfer using the bank’s normal authentication.

  6. 06

    Back to the merchant

    The customer returns to the merchant or payment-link experience.

Coverage

Market coverage.

MyBank operates through participating European banks and payment providers, with EUR payments based on SEPA credit transfers. Its market fit is particularly strong for Italy and for pan-European merchants collecting higher-value payments.

Fit

Where it wins.

Strong fit

  • High-value purchases such as automotive, luxury, travel and furnishings
  • B2B invoices and professional-service payments
  • Remote sales through email, SMS, messaging and payment links
  • Public administration, education and institutional collections
  • Deposits, balances and other EUR bank payments

Additional merchant positives

Pre-filled payment
Beneficiary, amount and reference are prepared before the customer authorises.
Immediate confirmation
Merchants receive a prompt result after the banking approval.
High-value capability
MyBank itself does not impose a scheme-level transaction amount limit.
B2B and B2C fit
The same account-to-account proposition supports consumers, businesses and public entities.
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