Simplify the payment chain. Payments are securely initiated from a shopper's bank account in a few simple steps, and settle in seconds. Embedded SCA and pre-populated payment details reduce risk of unauthorised payments and fraud. This open banking model is well suited to payments in the digital age. Open banking providers can integrate seamlessly with merchant checkouts, without the need for funds to travel through other parties such as payment gateways, acquirers or schemes.