http://Zen.com offers merchants pay-by-bank in nine European countries through Mastercard Open Finance

http://Zen.com, a European payments firm that serves both merchants and consumers, has added pay-by-bank in nine European countries using Mastercard Open Finance. The markets are Germany, Austria, Spain, Belgium, the Netherlands, Italy, Portugal, Ireland and Lithuania. Electronic Payments International reported the launch on 29 October 2026 and said the service was live in those countries as of September 2026. For merchants on http://Zen.com, pay-by-bank sits next to cards and other methods at checkout. Shoppers approve the payment from their own bank account instead of entering card details. Consumers can also use it to top up a http://Zen.com wallet. Mastercard's European platform provides the bank connections behind the service through a single integration, so http://Zen.com did not need separate links to each country's banks. Neither company gave transaction volumes, conversion rates or pricing. http://Zen.com's chief growth officer described pay-by-bank as one of the fastest-growing ways to pay in Europe. Mastercard's open finance lead said the partnership makes the method easier to deploy and scale. The launch fits a wider pattern. Card networks are now acting as suppliers of open banking connections rather than only competing with them, and payment firms are adding account-to-account options to lower acceptance costs. For online merchants selling across the euro area, coverage has been the main obstacle, because bank support and shopper habits differ widely from one country to the next. A provider that bundles nine markets behind one connection makes it simpler to test the method, but it also hands the work of comparing actual completion rates and costs against cards to the merchant.