At Open Banking Expo’s Live Lounge, Token.io’s Matt Jackson and ACI Worldwide’s Darren Wood revealed merchant insights and practical strategies for accelerating Pay by Bank adoption and conversion rates.
On stage at Open Banking Expo this autumn, Open Banking Expo, Token.io VP Partner Management Matt Jackson and ACI Worldwide Senior Solutions Consultant Darren Wood led audiences through an interactive polling exercise to reveal how prevalent Pay by Bank service usage is, and what the most effective strategies for driving adoption are.
Fresh off the stage, Matt and Darren sat down with Open Banking Expo Head of Content Ellie Duncan in the Live Lounge to unpack what the audience had to say — and to share how ACI Worldwide and Token.io are working together to drive merchant adoption and boost conversions of Pay by Bank.
Key highlights of this discussion include:
Placing Pay by Bank front-and-centre at checkout and using QR codes led to conversion increases of up to 79% for select merchants, proving the power of seamless journeys
Incentives, clear signposting, and streamlined UX encourage consumers to keep choosing Pay by Bank, turning first-time users into loyal advocates
“A quality Pay by Bank experience, backed by ongoing education, is essential for lasting adoption.”
— Matt Jackson, VP Partner Management, Token.io
Watch the full fireside chat for more actionable advice to help you lead with Pay by Bank: