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TrueLayer launches Open Banking-based PayDirect to replace cards

By Sunniva Kolostyak

January 26, 2021

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Open Banking provider TrueLayer has unveiled a new payment method, called PayDirect, to combine on-click verification with instant deposits and withdrawals for streamlined payments processes. PayDirect is built on Open Banking and the fastest bank payment rails to provide instant payments and accelerates KYC and AML processes, enabling firms to stay compliant while delivering a […]

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