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ITV: Partners with Ecospend to offer ‘pay-by-bank’ services for ITV Win competition

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

ITV: Partners with Ecospend to offer ‘pay-by-bank’ services for ITV Win competition

  • ITV has announced that it is partnering with Ecospend, a leading UK provider of open banking technology
  • Offer customers the ability to ‘pay-by-bank’ for its Win competitions, which feature on headline shows
  • Ecospend’s open banking payment method could potentially later offer an off the screen QR code functionality
  • As a result of the partnership, payment processing times will become instant and bypass all card processing fees
  • It will sit alongside the broadcaster’s existing payment methods, which include PayPal, Apple Pay, and card payments
  • The technology provides a more secure payment process, with every transaction authorised by bank-level security
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