Global: Paytently Partners with Mastercard to Advance Open Banking Payments

Paytently has joined forces with Mastercard Open Finance to launch a new open banking solution that enables shoppers to pay directly from their bank accounts at checkout, while helping merchants improve conversion rates and cash flow.

The collaboration combines Mastercard’s open banking connectivity with Paytently’s orchestration layer, streamlining payments end-to-end. The solution integrates secure bank authentication, payment initiation, and enhanced reconciliation into a single flow, offering merchants greater operational efficiency and faster settlement times.

At the core of the partnership is Paytently’s proprietary orchestration engine, which intelligently routes transactions over the most effective rails, ensuring instant payment confirmation and quicker fund availability.

“By combining our orchestration expertise with Mastercard’s open banking technology, we’re enabling merchants to move money faster, reduce operational friction, and ultimately create a more seamless experience for their customers,”
said Samuel Barrett, CEO of Paytently.

The new offering reflects the growing momentum behind open banking, positioning it as a driver of both merchant efficiency and customer convenience in an increasingly digital economy.