Watch this short video if you’ve received an instant payment request from one of our client businesses or charities and you would like to know more.

Perhaps you’re wondering: “what is an instant payment?”

Let me explain. Open banking lets you pay directly from your bank account, removing the need to share debit or credit card details. It’s simple, fast. And of course, it’s secure. And, Wonderful is authorised by the Financial Conduct Authority for your protection.

Instant payments are secure. Processed by Wonderful, an FCA-authorised Payment Institution, we ensure the highest standards of compliance.

They’re also fast. Transactions are completed and settle instantly.

And instant payments are convenient. There’s no data to enter. Simply approve the payment in a couple of taps directly via your online or mobile bank app.

Tap the link or scan the QR code to choose your bank. Log in using your mobile banking app or online banking. Review the payment details and authorise with a single tap.

That’s it. Your transaction is complete.

Is open banking safe? Absolutely. As an FCA-authorised Payment Institution, Wonderful meets strict regulatory standards. No sensitive data is shared, and you stay in control of your account at all times.

For your security, double-check that the name of the business or charity shown on our screen matches the name of the business or charity shown in your online bank or mobile banking app. They should always be an exact match.