MyBank is an online payment method that’s popular in the Netherlands. It allows customers to make secure and instant payments directly from their bank accounts, without needing a credit card or a separate online payment account. MyBank is integrated with various Dutch banks, providing a familiar and convenient experience for users.

To use MyBank, customers select their bank from a list of participating banks displayed on the merchant’s website. They are then redirected to their bank’s secure online banking environment, where they can authenticate the payment using their existing online banking credentials, such as a PIN or TAN (Transaction Authentication Number).


Benefits

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Secure Transactions

MyBank uses two-factor authentication and direct bank account verification to secure payments, reducing fraud risks. This makes it a highly secure payment option for online transactions.

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Familiar User Experience

Customers can make payments using their familiar online banking interface, providing a convenient and trustworthy experience.

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Instant Payments

Payments made using MyBank are usually processed instantly, providing a seamless and efficient transaction experience.

Features

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Direct Bank Account Payments

Allows for secure payments directly from a customer’s bank account.

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Two-Factor Authentication

Requires customers to authenticate their payment using existing online banking credentials.

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Real-Time Transactions

Payments are typically processed instantly.