Paytently and Mastercard partner to launch next-generation open banking payment solution

Summary

Paytently has launched Paytently Open Banking powered by Mastercard Open Finance, offering an account-to-account (A2A) payment option at checkout. The solution combines Mastercard’s open banking connectivity with Paytently’s orchestration engine to provide secure bank authentication, payment initiation and enhanced reconciliation in a single flow. Paytently’s proprietary orchestration routes transactions over the most effective rail for instant confirmation and faster settlement. The partnership is positioned to boost merchant conversion rates and improve cash flow. The solution will be presented at SBC Summit Lisbon (16–18 September 2025).

Key Points

Paytently Open Banking (powered by Mastercard Open Finance) enables account-to-account payments at checkout.
The service integrates Mastercard’s open banking infrastructure with Paytently’s orchestration for end-to-end payment initiation, authentication and reconciliation.
Paytently’s routing picks the most effective rail for instant confirmation and quicker settlement.
Mastercard research indicates over three-quarters of consumers in leading markets already use open banking, increasing demand for A2A payments.
The partnership aims to improve conversion, reduce operational friction and speed up merchant cash flow; it will be showcased at SBC Summit Lisbon.

Why should I read this

Quick and casual: if you work with payments, e-commerce or run an online business, this is worth a minute. It’s a practical step towards cheaper, faster account-to-account checkouts that can lift conversion and settle funds quicker. Mastercard + Paytently isn’t a small tie-up—so it’s one to watch if you care about checkout friction and fees.

Context and Relevance

Open banking adoption is rising and merchants are actively seeking alternatives to traditional card rails to cut fees and speed up settlement. This partnership pairs Mastercard’s global scale and secure Open Finance infrastructure with Paytently’s agility and orchestration expertise, making it simpler for merchants—especially in high-volume sectors—to offer “Pay by Bank”. The move aligns with broader industry trends around account-to-account payments, improved reconciliation and reduced payments risk, making the announcement particularly relevant to payments teams, fintechs and online merchants.