Neopay Payment Initiation vs Pay by Bank from allpay
Neopay Payment Initiation
neopay.onlinePay by Bank from allpay
allpay.netSide by side
| Figure | Neopay Payment Initiation | Pay by Bank from allpay |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | — |
| Plans published | 2 | 0 |
| Spec score · Open Banking Payment Platforms | 7.9 (#2) | 7.4 (#10) |
| Headquarters | Vilnius, Lithuania | Hereford, England, United Kingdom |
| Integration | Neopay says businesses can access connected payment institutions through a single integration and provides API documentation. | Allpay says Pay by Bank is being rolled out through the allpayments app and online journeys based on hosted payment pages, with Gateway Plus marked as coming soon. |
| Payment flow | The documented flow is bank selection, identification, verification and payment confirmation. | Customers choose Pay by Bank at checkout, select their bank, authorise payment through their banking app or online banking, and receive confirmation near instantly. |
| Security | Neopay says transactions use end-to-end encryption, sensitive-data tokenization, and real-time fraud monitoring. | Customers authorise each payment directly through their bank, so the organisation does not handle sensitive account details. |
| Support | Neopay lists email and chat support, merchant-portal tickets, and online documentation, code examples, and FAQs. | The Pay by Bank page directs organisations to contact the sales team and links to the allpay Help Centre for support. |
| What it does | Neopay provides open-banking account-to-account payment initiation for e-commerce buyers and merchants. | Pay by Bank lets customers pay directly from their bank account using Open Banking, without entering card details. |
Plans
Neopay Payment Initiation
- Custom planPriced on request
- Standard planPrice not published
In their own words
Neopay Payment Initiation
Neopay Payment Initiation has no write-up on Specifiction yet; its figures are above.
Pay by Bank from allpay
Pay by Bank from allpay lets customers pay an organisation directly from a bank account using Open Banking, without entering card details. At checkout, the customer chooses the option, selects a bank, and authorises payment in a banking app or online banking; confirmation arrives near instantly. The organisation does not handle sensitive account details because authorisation takes place through the customer’s bank.
The service is intended for housing associations, local authorities, rent and income collection teams, utilities, billing organisations, and organisations handling high-volume regular payments. allpay says bypassing traditional card networks can lower processing costs, while avoiding expired cards, incorrect entries, and manual input may help reduce failed or abandoned transactions. The rollout is starting with the allpayments app and online payment journeys using hosted payment pages. Gateway Plus support is marked as coming soon, with no date specified. Pricing is on request. Platforms listed are Android, iOS, and web. allpay describes the method as FCA-regulated and states that it complies with PCI DSS.