Pay with Bank transfer by American Express is a new frictionless payment method developed for online and mobile commerce.  The solution is a simple, speedy and secure way for retailers to accept payments in real time directly from their customer’s bank accounts.  Retailers benefit from a low-cost payment process that guarantees funds without the risk of chargebacks.  Consumers benefit from a fast and secure payment journey that leverages biometrics and bank grade security without the need to share sensitive data.