Bank transfers & instant payments · On request
MyBank
MyBank is a pay-by-bank scheme run by PRETA, a subsidiary of EBA Clearing: the payer picks their bank at checkout, logs in to their own online banking and authorises a pre-filled SEPA credit transfer. The confirmation is immediate and irrevocable, there is no card and no chargeback, and most participating banks are Italian, which makes Italy its home market.
Key facts
- Countries
- Italy
- Currencies
- EUR
- Operations
- Pay-in · Refund
- Settlement
- instant
- Chargebacks
- not possible
How a payment goes through
- 1The checkout shows the account details, the amount and a reference
- 2The payer sends the transfer from their banking app
- 3The provider matches the incoming transfer by reference and amount
- 4Webhook to the merchant; unmatched transfers are refunded
How a payment goes through
- The checkout offers MyBank and shows the list of participating banks; the payer picks theirs.
- The payer is redirected to their own online banking, logs in with the usual credentials and authorises the pre-filled SEPA credit transfer.
- The bank confirms the authorisation; the provider reports the result at once.
- Tranzify writes the result and calls the merchant’s webhook; the payer returns to the merchant.
MyBank against cards in Italy
MyBank was launched in 2013 by PRETA, a subsidiary of EBA Clearing, and most of its participating banks are Italian: for the payer the flow looks like a transfer in their own bank, for the merchant it is a confirmation that cannot be reversed.
| MyBank | Cards | |
|---|---|---|
| What the payer needs | online banking at a participating bank | a card accepted by the acquirer |
| Confirmation | at once, irrevocable | at once |
| Chargebacks | none | scheme rules |
| Recurring | no | yes, with tokens |
| Large amounts | within the bank’s transfer limits | within the card limit |
Who uses it
E-commerce for payers who trust their bank more than a card; travel and education for larger one-off payments such as tickets and tuition, where a transfer confirmed at once beats a card limit. A client (a payment company) enables Adyen for MyBank under its own contract; the integration is enabled on request. Payouts in euro go through the providers that offer them, for example by SEPA Instant.
How to connect
- 1Onboard with Tranzify and get your network, keys and back office.
- 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
- 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
- 4Go live. Every payment, callback and retry is in the journal for five years.
Providers offering this method
On request — Request this integration
Industries
Frequently asked questions
Does the payer need a card?+
Are there chargebacks?+
Is MyBank available for payouts?+
Related methods
See the platform on your own flows
Thirty minutes with an engineer, not a sales deck: your providers, your routing rules, your merchants' checkout.
- ✓ Not a financial institution
- ✓ Money never passes through us
- ✓ Built to PCI DSS requirements