Real-time account-to-account bank payments — lower fees than cards, irrevocable, and
settled in seconds. Customers approve in their own banking app; merchants get cleared funds
on the same day.
Why open banking?
Lower cost — flat per-transaction fees instead of % of basket.
Higher conversion on large baskets — no card limits or 3DS friction.
Irrevocable settlement — no chargeback risk on the bank-debit leg.
40+ banks & instant-payment rails.
Provider availability varies by region; the okePay orchestration layer surfaces the right one
automatically per customer geography and basket.
