# Instant payments made in the right way

## Accept and send verified payments instantly via a fully automated banking solution that delivers a better business banking solution. An innovative, secure payments solution you can trust.

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### Payment Options

- Amount to pay: 692,30£
- Pay promptly on due date
- Custom date

#### Payee
By clicking Continue you agree that FriendlyScore initiates this payment for you in accordance with Terms.

- Payee account: John Doe
- Reference: 464 6446812341234

## The future of fast payments

The ultimate payments solution.

Streamline business banking with a payments solution that is quick, easy, cost-effective and delivers verified pay-ins and pay-outs in real time.

**Instant pay-ins and pay-outs**

Receive payments from customers, send refunds and make payments the easy way within seconds, 24/7.

**Automated payment verification**

Automated verification checks at the time of payment, confirming affordability and reducing the risk of fraud.

**Set up recurring payments**

Set up the collection of secure ad-hoc and subscription payments with Variable Recurring Payments.

### Instant pay-ins

Now you can accept confirmed customer payments instantly knowing their account ownership has been verified via their banking app.

Your customers can make payments with ease using their favoured biometric authentication method. No need to create an account or enter any card details.

Simple. Fast. Easy. Safe.

### Instant pay-outs

Streamline the way your business withdraws funds, sends refunds or makes payments in the most secure, fast way.

Customers are able to verify their accounts via their banking app and be paid instantly, 24/7. Funds will be in their account within seconds.

### Pay the right account

No more lengthy verification processes that take days. Your customers can verify their account instantly via their banking app and use that information to pre-populate payment set up.

Reduce the risk of failed or lost payments, protect customers from fraud and ensure you’re paying the right account with automated account verification.

### Facts about Open Banking payments

Open Banking payments are changing the way people pay online. With strong, secure automated biometric verification methods in place, like face ID or fingerprint, via online banking apps and websites, receive and send money cost effectively, with the minimum of fuss.

- **10M+** Customers in the United Kingdom decided to pay with Open Banking
- **30s** Average time of receiving funds into bank account
- **85%** Lower fees vs regular online payments
- **99.9%** Uptime

## How our product works

Enable instant payments and withdrawals from within your banking app.

**A payment is initiated**

Your customer initiates a payment by choosing the amount they want to pay and the bank they want to use.

**Account authenticated with the bank**

Customer account ownership is authenticated with the bank via an automated verification process.

**Receive or send money**

Funds are immediately available for customers to send and receive payments instantly. The money is withdrawn and deposited within 30 seconds.

### Other Products

At Planky, we do our best to streamline the financial processes of our clients. We deliver high-end AI-powered solutions to increase your conversion rates and skyrocket your revenue. Here’s a portfolio of our products:

**Account Check**  
Need instant and simple access to your customer’s bank data? Account Check automatically verifies financial data in an easy and regulated way. [Explore](https://planky.com/products/account-check)

**Transactions**  
Get access to transactional data straight from the bank. Verify data in real-time, manipulation-free. [Explore](https://planky.com/products/transactions)

**Categories**  
Keep track of customers’ personal and business expenses and classify their bank transactions into over 100 categories with over 95% accuracy. [Explore](https://planky.com/products/categories)

**Income Check**  
Get instant confirmation of your customers’ and partners’ salary and income and verify their financial credibility in seconds. [Explore](https://planky.com/products/income-check)

**Transactional Intelligence**  
Monitor financial trends and detect anomalies. Get access to financial ratings, events, and notifications about customers’ credibility and financial health. [Explore](https://planky.com/products/transactional-intelligence)

**PlankyGPT**  
Analyze customer data faster than ever and never miss out on new segments and target audiences. [Explore](https://planky.com/products/planky-gpt)

**Affordability**  
Verify sources of income and expenses to make correct loan decisions. All affordability calculations are automatically made by Planky. [Explore](https://planky.com/products/affordability)

**Decisioning Engine**  
Automate decision-making processes using your tailor-made decision trees. Access, analyze, and process large amounts of data to streamline decisioning. [Explore](https://planky.com/products/decisioning-engine)