Skip to content

The language model for banking data


Personalisation and financial wellbeing



Insight exploration and marketing


Affordability and risk


Everything you need to know about Bud.

Faster, safer, more cost-effective payments

Pay is Bud's open banking payments solution service. It offers a fast, cost-effective payments solution via open banking that reduces both fraud and friction for end-users.


Why Pay?

Pay enables clients to initiate account-to-account payments on behalf of their users. It's fast, safe, and extremely cost-effective vs alternatives like the card rails.

Customers want ease of use

59% of users would prefer to pay account to account

The best open banking coverage

We cover the vast majority of all current accounts in the UK.


Everything you need to revolutionise your payments journey

Easy to integrate
Simple APIs ensure clients get product to market fast.

Flexible payments
Initiate single payments and create scheduled payments or standing orders.

Thorough auditing
Track payments through a merchant dashboard.

Use your own PIS licence or become an agent of Bud.


How clients drive growth with open banking payments

Speed and efficiency
Receive money within minutes not days of the transaction being initiated. 

Improved conversion rates
Allow customers to authenticate and pay in a few clicks without leaving your service, seamlessly integrated from onboarding to checkout.

Reduced fraud risks
Because customers approve payments within their bank apps, the details of their cards are never shared. 

Customer retention
Our payments solution empowers clients to maintain the relationship with their customers and drive higher in-app engagement. 


How it works


1. Create a payment or standing order

Post the payment details to the API and it will return an initiation link.


2. User authorises payment

The user clicks on the payment link, selects a bank and is redirected to their Bank app where they select a bank account, see the balance and authorise the payment.


3. User initiates the payment

The user is redirected back from the bank and the payment is initiated. Users will be prompted to approve any fees incurred before this happens.


4. Payment confirmation

The platform tracks the payment's progress and posts updates as it completes.


What our customers

saying about Bud


“Our new partnership with Bud marks a significant step forward in our campaign for greater transparency, providing us with a wealth of insight that gives customers more power over their financial future.
“Importantly, the functionality Bud provides will also enable us to continue to meet our responsibilities as a responsible lender, without compromising customer experience.”
“Partnering with Bud will empower our customers, by ensuring that their data works even better in their favour, helping them move their finances forward."

Download the Pay factsheet


Complete the form below to download the guide