It enables you to make payments to a retailer directly from your bank account. Payments could be sent in real time (subject to your bank account’s terms and conditions). You could use HSBC Open Payments by selecting “Pay by bank account” amongst other payment options at the retailer’s checkout page. You will then choose the bank or building society that holds your account and then be securely redirected to your bank account provider’s online banking portal or app where you will log in and authorise your payment to the retailer. It saves you typing in 16 digits’ card numbers and none of your card details or bank account information will be stored to the merchant or us.