Payment provider Mollie is introducing a new online payment tool that, according to the FD, is set to compete with iDEAL, Wero, and international players such as Mastercard and Visa. The service, called Pay by Bank, will first roll out in the Netherlands and the Uniter Kingdom. It is then expected to become available in the rest of Europe in the first half of 2027. The system is set to use direct connections with more than 2,500 banks.