"Imagine a traditional payment company like MasterCard, Visa, Stripe, or Checkout.com. They charge between 2% and 8% on everything that we buy online. We want to change that. There are no more intermediaries... there is the simple movement of money from your bank account to the account of the merchant."
"The missing bit is the user experience. You need to prompt the user for their account number and sort code. But we compressed it all into one click. So we've managed to solve the user interface. Nobody else is really looking at the user experience. We think we've built the 'Apple Pay' of the account to account payments."
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