Table of Contents

What is TrueLayer.com?

TrueLayer.com is an open banking payments network that facilitates instant bank payments and payouts for businesses and consumers across the UK and Europe, leveraging direct bank-to-bank connections.

Is TrueLayer.com regulated?

Yes, TrueLayer.com states on its homepage that it is “FCA authorised,” meaning it is regulated by the Financial Conduct Authority in the UK.

What services does TrueLayer.com offer?

TrueLayer.com offers “Payments” for accepting and sending instant bank payments and “Payouts” for verified and recurring disbursements, alongside an “Integration toolkit” for developers and businesses. truelayer.com CEO

0.0

0.0 out of 5 stars (based on 0 reviews)

Excellent0%

Very good0%

Average0%

Poor0%

Terrible0%

There are no reviews yet. Be the first one to write one.

Amazon.com: Check Amazon for truelayer.com FAQ
Latest Discussions & Reviews:

Which industries does TrueLayer.com serve?

TrueLayer.com serves industries such as Ecommerce, iGaming, Financial Services, and Crypto.

What are the key metrics of TrueLayer.com’s network?

As per their homepage, TrueLayer.com has over $116 billion in annualised Total Processing Volume (TPV), over 200 million annualised transactions, and 15 million users.

How does “Pay by Bank” work with TrueLayer.com?

“Pay by Bank” allows users to securely pay directly from their bank app or online banking, eliminating the need to enter card details.

The transaction is authenticated directly with the user’s bank.

Does TrueLayer.com support recurring payments?

Yes, TrueLayer.com mentions supporting “Recurring payments” and provides information on Variable Recurring Payments (VRPs). truelayer.com Companies House Information

What integration tools does TrueLayer.com provide?

TrueLayer.com offers SDKs for iOS, Android, and React Native, plugins for WooCommerce, Shopify, and Magento, and a “Console” for merchants to manage their accounts and integrations.

Who is the CEO of TrueLayer.com?

The Co-Founder and CEO of TrueLayer.com is Francesco Simoneschi.

Can I find TrueLayer.com on Companies House?

Yes, as a legitimate UK-based company, TrueLayer Limited is registered with Companies House, and its details can be found on the official Companies House website.

Is TrueLayer.com a scam?

No, based on its regulatory status (FCA authorised), substantial operational metrics, professional website, and publicly verifiable information, TrueLayer.com is a legitimate financial technology company and not a scam.

What are the main advantages of using TrueLayer.com over traditional payment methods?

TrueLayer.com offers advantages such as instant payments and settlements, potentially lower transaction costs, enhanced security through direct bank authentication, and a frictionless user experience compared to traditional card payments or manual bank transfers. truelayer.com vs. Traditional Payment Methods

Does TrueLayer.com have a public API or developer documentation?

Yes, TrueLayer.com provides a link to “Go to docs” on its homepage, indicating comprehensive developer documentation and APIs for integration.

Does TrueLayer.com offer services outside the UK?

Yes, TrueLayer.com explicitly states that its payments network connects banks, people, and brands “across the UK and Europe.”

Are there ethical concerns about TrueLayer.com from an Islamic perspective?

Yes, significant ethical concerns arise from TrueLayer.com’s explicit targeting and facilitation of the “iGaming” (gambling) industry, which is strictly forbidden in Islam, and the ambiguity around its crypto services that may involve speculation or interest.

Does TrueLayer.com charge for its services?

While specific pricing is not listed on the homepage, B2B fintech services like TrueLayer.com typically operate on tiered or volume-based pricing models, requiring direct contact with their sales team for a custom quote.

Does TrueLayer.com offer customer support?

Yes, the website includes a “Contact us” option and an invitation to “Get in touch” to help businesses make the most of their services. truelayer.com Pricing

Open banking is a secure way for consumers to share their financial data with third-party providers (like TrueLayer) via APIs, with their explicit consent, to enable new financial services and products.

How does TrueLayer.com handle fraud?

TrueLayer.com’s direct bank authentication model inherent to open banking significantly reduces the risk of card fraud and chargebacks compared to traditional payment methods.

Where can I read TrueLayer.com’s blog?

TrueLayer.com has a “Go to blog” link on its homepage, featuring articles on various topics like open banking, e-commerce, and recurring payments.

truelayer.com a Scam?

truelayer.com FAQ