How Crezco Payments Work

Our account-to-account payments are free, fast and easy, all powered by the wonders of Open Banking.

  • Select your bank

    Review the payment then select your bank. Crezco will securely redirect you to your bank to authorise the payment.

  • Approve payment

    Crezco securely communicates payment instructions to your bank. You just need to approve the payment in your banking app.

  • Payment sent

    The payment is initiated by your bank. Crezco does not touch your money and only the confirmed payment will be sent.

Secure open banking

Security and fraud protection are at our core. Crezco doesn’t touch your money, we don’t see your passwords, and we don’t ask for card details.

What we do is securely let one bank know where to send funds if approved, assuring funds never get lost due to typing errors or incorrect payment details.

  • No payment details sent online

    Credit-card data, even when encrypted, remains vulnerable to hackers. Crezco initiates direct bank transfer, which are faster and cheaper but also safer as there is no need for your customers to share credit-card or account data preventing phishing and identity attacks.

  • Bank grade security

    Crezco uses industry-standard best practices and strictly follows guidance released by the Financial Conduct Authority (‘FCA’) and the European Banking Authority (‘EBA’) concerning Payment Service Providers (‘PSP’) and the Second Payment Services Directive (‘PSD2’).

  • FCA Authorised

    Crezco Limited (11752182) is authorised by the UK Financial Conduct Authority (FRN: 925173) as an Authorised Payment Institution.

5,000+ companies simplify their payments with Crezco

Rated ‘Excellent’ On Trustpilot

Crezco In The Press

  • Crezco makes invoice payments as frictionless as card payments but without the costs. Leveraging open banking, Crezco makes bank transfers easy, instant and secure.

    5 stars
  • Crezco provides a free payment API using open banking rails across UK and international markets for B2B payments such as invoice payments as convenient as B2C card payments, without the costs.

    5 stars
  • Early investors in Revolut back London-based fintech Crezco in £3M funding.

    5 stars

See how we can help you receive instant and free payments

  • Allied Irish Bank
  • Bank of Ireland
  • Bank of Scotland
  • Barclays
  • Capital One
  • Cash Plus
  • Cater Allen
  • Chelsea Building Society
  • Clydesdale Bank
  • Coutts & Company
  • Cumberland Building Society
  • Danske Bank
  • First Direct
  • Halifax
  • HSBC
  • Lloyds
  • M&S Bank
  • Monzo
  • Nationwide
  • Natwest
  • Revolut
  • Royal Bank of Scotland
  • Sainsbury's Bank
  • Santander
  • Starling Bank
  • Tesco Bank
  • Tide
  • TSB Bank
  • Ulster Bank
  • Unity Trust
  • Vanquis Bank
  • Yorkshire Bank
  • Yorkshire Building Society