Vodafone launches Pay by Bank in Germany

Vodafone has launched Pay by Bank in Germany.

The telecoms giant has partnered with Tink and Adyen on the Open Banking-powered payment method.

The move means Vodafone customers in Germany can now transfer money directly from one bank account to another.

The payment method is facilitated by Tink's Open Banking platform and Adyen's end-to-end payments solution.

“We’re pleased to work with two leading FinTechs in Tink and Adyen to offer this new payment method for some of our customers in Germany," said Michael Reinartz, director innovation at Vodafone. "The simplicity and security of Pay by Bank provides a great option.”



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