Paytently and Mastercard partner to launch next-generation open banking payment solution

Paytently and Mastercard partner to launch next-generation open banking payment solution

Summary

Paytently has launched Paytently Open Banking, an account-to-account (A2A) checkout option powered by Mastercard Open Finance. The solution combines Mastercard’s open banking connectivity with Paytently’s orchestration engine to deliver bank authentication, payment initiation and improved reconciliation in a single flow. Paytently routes transactions over the most effective rails to provide instant confirmation and faster settlement, aiming to boost merchant conversion and cash flow. The partners will showcase the solution at SBC Summit Lisbon (16–18 September 2025).

Key Points

1. Paytently Open Banking offers account-to-account payments at checkout, letting customers pay directly from their bank accounts.
2. The service is powered by Mastercard Open Finance for open banking connectivity and security.
3. Paytently’s orchestration engine routes transactions to the most effective payment rail for instant confirmation and quicker settlement.
4. Features include secure bank authentication, payment initiation and enhanced reconciliation in a single end-to-end flow.
5. Mastercard research cited in the announcement shows that over three-quarters of consumers in leading markets already use open banking, driving merchant demand for A2A payments.
6. The partnership targets merchants who want faster payments, improved cash flow and higher checkout conversion; the solution will be presented at SBC Summit Lisbon 2025.

Content Summary

The collaboration pairs Mastercard’s global open finance infrastructure with Paytently’s agility in payments orchestration. By integrating connectivity and routing intelligence, Paytently Open Banking aims to reduce operational friction, speed up settlement times and provide clearer reconciliation for merchants. Executives from both companies highlight the combined strengths: Mastercard’s secure open banking network and Paytently’s capability to manage complex payment environments.

Context and Relevance

Open banking is becoming mainstream in many markets, and A2A payments are increasingly attractive as an alternative to card rails—especially for businesses focused on conversion and cash-flow efficiency. For sectors with high transaction volumes and complex reconciliation needs (such as iGaming, travel and e-commerce), solutions that offer instant payment confirmation and faster settlement can materially improve operations. This partnership is a clear signal that major card networks are scaling open banking options for merchants via trusted partners.

Why should I read this?

Quick and blunt: if you handle online payments, this matters. Mastercard backing means reach and trust; Paytently’s routing chops mean it could actually work in messy, high-volume environments. Read on if you want a faster, cheaper, more reliable alternative to card payments at checkout — or if you’re just after a neat example of how open banking is being commercialised.

Source

Source: https://next.io/news/b2b-news/paytently-and-mastercard-partner/