Paid straight to your bank.
Customers approve the payment in their own banking app. The money goes from their bank to yours. Smyl never holds it.
Card payments cost you, and you wait.
A card terminal means rental, fees on every sale and days before the money arrives.
How it works.
Ring it up
Tap items or type the total.
Scan or show
Scan the customer’s Smyl code, or they scan the code on your screen.
They approve it
They approve in their own banking app. Nobody sees their bank login.
Paid
The money lands in your bank account, usually within seconds, and their receipt is on their phone.
What’s included.
- Payments straight to your bank account
- Works on the phone or tablet you already have
- Refunds from the Back office, up to 120 days after the sale
- Every payment and refund in Transactions
- Receipts sent automatically
- Payments made by a regulated payment provider
On every plan. Listing is free, and your plan starts when you switch on Pay by Bank. How plans work
Questions about Pay by Bank
Does Smyl hold my money?
Never. The payment goes from your customer’s bank to yours. A regulated payment provider makes the payment, and Smyl is not a bank.
How do refunds work?
Find the payment in your Back office and refund it, up to 120 days after the sale. The money goes back to your customer’s bank, any points are put right, and their receipt updates.
Do I still need my card machine?
Keep it for customers who want to pay by card. Scan their Smyl code and they still get a receipt.
Works with the rest of Smyl
Ready when you are.
Apply in two minutes. Applying doesn’t commit you to anything.