Fuel Open Banking Subscriptions via TrueLayer Payment Gateway
TrueLayer is the FCA-authorized payments provider behind Bank on File to process recurring payments straight from your customers’ bank accounts. Bill subscribers through TrueLayer recurring payments and avoid expired cards, interchange fees, and card settlement delays. Set it up once in SubscriptionFlow and every renewal runs on bank-to-bank rails.
What TrueLayer Offers
TrueLayer offers a low-cost, high-conversion “Pay by Bank” checkout that lets merchants accept instant payments and issue immediate refunds without high card fees.
VRP for Sweeping and Non-Sweeping Use Cases in One API
TrueLayer is the first provider to deliver variable recurring payments (VRP) for both use cases through a single API. It also processes over 60% of all VRP transactions.
Independence from Card Networks
Unlike other Bank on File providers, it remains an independent provider. Your recurring payments don’t depend on card scheme fees or card outages.
Fully White-Label Instant Payout Product
Your brand shows throughout the payout experience and on your customers’ bank statements, with TrueLayer acting as a fully white-label payout product.
Closed-Loop Verified Payouts and Suspense Accounts
Verified payouts find the correct originating bank accounts whether the customer paid by card or digital wallet, so refunds and withdrawals return to the verified payer. Signups+’s suspense account holds funds until age verification is completed and refunds the customer automatically if it fails.
Why Run Recurring Payments Through TrueLayer Payment Gateway
The TrueLayer payment gateway connects directly to your customer’s bank account, so renewals don’t depend on a card.
No Missed Payments
Bank accounts don’t expire, so long-lasting mandates keep renewals running.
Higher Setup Conversion
Customers confirm with a fingerprint or Face ID, not a card form, so fewer drop off at signup.
Flexible Plans
Support fixed subscriptions or variable amounts within limits the customer agrees to, such as £100 per payment and £500 per month.
Lower Cost Per Transaction
There are no interchange fees, authorization charges, or merchant service fees. Funds are also checked before payment is taken, which cuts failed attempts and retry fees.
One Integration, Four Recurring Payment Use Cases
Wherever you bill repeatedly, TrueLayer recurring payments in SubscriptionFlow can replace the card.
Subscriptions and Memberships
Customers set up a fixed plan directly from their bank account. Future payments are collected without re-authentication, so you stop losing subscribers to card expiry.
Top-ups and Billing
Collect fixed or variable amounts from repayments, investment top-ups, or utility bills. Money moves in seconds, not days, so cash flow isn’t held up.
One-Click Checkout
Once a mandate is set up, returning customers pay for one-off purchases in a single tap. Returning Pay by bank users convert at up to 90%.
Financial Services and Installments
Let customers split a purchase into multiple installments without paying card fees on every payment. Refunds travel over the same bank-to-bank rails, which keeps the experience fast.
Built on the UK’s Leading Bank on File Provider
SubscriptionFlow gives you the billing engine, and TrueLayer supplies the bank-payment infrastructure behind it.
- Processes over 60% of all variable recurring payment transactions in the UK
- First provider to deliver VRP for both sweeping and non-sweeping use cases through a single API
- One of 31 founding payment initiation service providers (PISPs) in the VRP operator, helping shape the standard.
- Authorized and regulated by the UK Financial Conduct Authority (FRN 901096)
Live in Days with TrueLayer’s Integration Toolkit
TrueLayer’s ready-made tools mean your team doesn’t have to build the payment journey from scratch.
Console
Your merchant account arrives pre-configured, so you can start taking payments straight away. Console also manages billing, reconciliation breakdowns, report downloads, and payment statuses.
Mobile SDKs
Pre-built payment screens for iOS, Android, and React Native give app customers a tested, low-friction journey.
Embedded and Hosted Payment Pages
For browser checkouts, choose an embedded or hosted page without building your own UI.
Libraries and Plugins
Libraries for Java, PHP, C# and JavaScript/Node speed up development, and TrueLayer is optimised for Shopify and Magento.
Connected to Europe’s Leading Pay by Bank Network
Your subscribers are probably already in TrueLayer’s network of more than 30 million consumers. TrueLayer handles 47% of all UK Pay by Bank transactions and over $150 billion in annualised payment volume. Shoppers in the network see a 20+% uplift in first-time conversion.
Add-Ons That Make Recurring Payments Safer and Smarter
Extend your SubscriptionFlow billing setup with TrueLayer’s optional tools.
Verification
Confirm a customer’s identity and bank account in seconds using their bank’s biometric checks. This minimizes fraudulent activities and failed payments.
Data
Use real-time bank data for account verification and affordability checks before a payment is taken.
Instant Payouts
Send refunds and withdrawals in seconds via SEPA Instant or UK Faster Payments across 22 European markets. Automated retries and rerouting lift the payout success rate to 99.1%.
Stop Losing Revenue to Expired Cards and Card Fees
Put your recurring billing on TrueLayer’s bank-to-bank rails and stop losing revenue to expired cards and card fees. Book a demo with SubscriptionFlow to see TrueLayer recurring payments running in your own billing setup.