Open banking invoice payments for UK accountancy firms
A practical guide to using pay-by-bank for invoices where cost, proof, and reconciliation matter.
What are open banking invoice payments?
Open banking invoice payments let a payer authorise a bank-to-bank payment from a secure checkout instead of typing bank details or card numbers. For accountancy firms, the value is not only the payment rail; it is the evidence around it. A good workflow links the invoice, payer identity, provider reference, payment method, timestamp, and settlement status so the firm can prove who paid and reconcile the invoice without manual bank narrative checks.
What matters before you choose a payment workflow.
Every page in this programmatic set is built from a shared structure, but the examples, trade-offs, and recommendations are specific to the search intent.
When pay-by-bank is better than cards
Open banking is usually strongest when invoice values are high enough that uncapped card fees become painful. It can also reduce manual reconciliation because the payment starts from a structured request rather than a copied bank account number.
What accountants should check before adopting it
The payment method should not create a new reconciliation process. Firms should check whether the platform records the payer, invoice, provider reference, method, settlement state, and audit trail together.
Related Saldivo pages
Get paid and keep the evidence.
Start with one invoice, one payer, and one audit-ready payment record.