Currently only available in the UK, BofA says it has plans to roll-out the e-commerce solution to other countries and regions in the near future.
BofA’s co-head of global corporate sales, head of GTS sales and head of GTS EMEA, Matthew Davies, says the launch is “part of our continual cycle of technology investment”.
Pay by Bank allows users at online checkouts to connect their mobile banking app and authenticate the purchase using biometrics with no logins required.
