TriggerPay

TriggerPay, developed by TriggerAppy, is a specialized payment initiation service provider (PISP) that leverages Open Banking to facilitate direct bank-to-bank transfers. By bypassing traditional card networks, it offers businesses a cost-effective, secure, and fast alternative for collecting payments. The platform is particularly well-suited for businesses requiring flexible billing, such as subscription services, invoice collection, or ad-hoc requests via its 'Pay By Link' functionality. Its robust REST API allows for deep integration into e-commerce checkouts and internal business systems, while the virtual terminal app provides mobile flexibility for field operations. While it excels in Open Banking-based payment initiation, it is not a traditional merchant account provider, meaning its utility is focused on direct bank transfers rather than card processing. The service is highly regulated and emphasizes security, with chargebacks effectively eliminated due to the direct bank authentication flow. It is an ideal solution for organizations looking to modernize their payment infrastructure and reduce transaction overhead.