Tink and Adyen bring Pay by Bank to Vodafone customers in Germany

By Gloria Methri

Tink has partnered with Adyen to enable Vodafone customers in Germany to pay for their prepaid tariffs and outstanding postpaid balances using Pay by Bank, an open banking-powered payment method.

Pay by Bank enables consumers to transfer money directly from their bank accounts, providing a fast, secure, and user-friendly alternative to traditional card payments. This launch marks a significant milestone in the expansion of real-time account-to-account payments in the telecom sector.

“We’re pleased to work with two leading FinTechs in Tink and Adyen to offer this new payment method for some of our customers in Germany,” said Michael Reinartz, Director of Innovation at Vodafone. “The simplicity and security of Pay by Bank provides a great option.”

The implementation is the result of the strong collaboration between Tink, which provides the open banking infrastructure, and Adyen, which delivers the end-to-end payments stack, including checkout, acquiring, and risk management.

Thomas Gmelch, Head of Commercial Central Europe at Tink, noted, “Ever since our first discussions with Vodafone at an event in Düsseldorf, we’ve been excited about the potential of this partnership. We look forward to building on this opportunity alongside our long-standing partner Adyen.”

Hella Fuhrmann, Country Manager DACH at Adyen, added, “We are delighted to introduce Pay by Bank for Vodafone customers thanks to our partnership with Tink. This integration reflects the growing demand for seamless, bank-direct payments. It helps businesses optimise their checkout experience and drive higher conversion rates.”

As open banking adoption accelerates across Europe, this partnership marks a significant step forward in introducing innovative, customer-centric payment methods to the mainstream, particularly in industries such as telecommunications, where recurring and one-time payments are crucial.