Case Study: Jaja Finance achieves 71% Pay by Bank adoption and 36% lower processing costs with TrueLayer

Jaja Finance reduces payment processing costs by 36% with TrueLayer

Jaja Finance, a UK-based fintech company, sought a cost-saving and innovative payment method that would also provide a frictionless and secure customer experience. They chose to implement Pay by Bank through the vendor TrueLayer to meet these goals.

TrueLayer provided its Pay by Bank solution, which featured a simple user journey, a dedicated merchant account for improved reconciliation, and Verified Deposits for enhanced security. As a result, 71% of Jaja customers chose Pay by Bank as their preferred payment method, and the company achieved a 36% reduction in its payment processing costs.

Jaja Finance