# MyBank QR

> Source: https://docs.barcoder.ai/docs/standards/mybank-qr
> research date 2026-05-29 · extracted at 2026-10-04
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [MyBank — official](https://www.mybank.eu/)
- [EBA CLEARING launches MyBank](https://www.ebaclearing.eu/news-and-events/media/archive-press-releases/25-march-2013-eba-clearing-launches-mybank/)

## Overview

> **Note on the misleading slug.** This entry's slug is `mybank-qr` for historical reasons (it was originally added under the broad "QR Code" bucket), but **MyBank is not a QR-symbol standard**. It is a bank-redirect e-authorisation rail: the customer selects "MyBank" at merchant checkout, is redirected into their own online-banking interface, authenticates, and authorises a SEPA Credit Transfer — no QR symbol involved at any step. The slug is retained to avoid breaking incoming links; the wiki shows no playground because there is no payload to encode.

**MyBank** is **a pan-European e-authorisation and Online Banking ePayments service**, launched **25 March 2013 by EBA Clearing** (the European Banking Association's clearing-house consortium) <sup>[2][2], [EU report](https://docs.barcoder.ai/docs/payments/EU)</sup>. MyBank enables online payments using SEPA infrastructure — customers authorise payments directly via their bank's online-banking interface, eliminating the need to share card details with merchants. The service was designed as **a pan-European Open-Banking-style payment channel before "Open Banking" became the dominant terminology** — predating PSD2 mandates by years.

**First-phase rollout focused on Italy**, where MyBank gained significant early adoption: **48 participating Italian banks at launch with 300+ additional Italian institutions scheduled to join by end-2013** <sup>[3][3]</sup>. Italian utility provider **Enel connected to MyBank with UniCredit support in November 2013** — demonstrating early enterprise integration. Despite the Italian-anchor adoption, MyBank is structurally **pan-European** — designed for SEPA-area cross-border bank-redirect payment. EBA Clearing's broader infrastructure includes **EURO1** (RTGS-equivalent for large-value euro), **STEP2** (SEPA batched ACH), and **RT1** (SEPA SCT Inst instant); MyBank sits as the consumer-facing e-payment service complementing these wholesale rails.

## History

**Background — EBA Clearing** <sup>[1][1]</sup>:
- **EBA Clearing** founded 1998 by major European banks.
- Operates EURO1, STEP2, RT1 + MyBank.

**Pre-launch (2010-2013)** <sup>[3][3]</sup>:
- Italian banks championed MyBank development.
- Pan-European design from outset.

**25 March 2013 — MyBank launches** <sup>[2][2]</sup>:
- EBA Clearing officially launches MyBank.
- First phase focuses on Italian market.

**16 May 2012 — Italian banks + e-merchants embrace MyBank** <sup>[3][3]</sup>:
- Pre-launch positioning.

**Italian adoption first phase**:
- 48 participating Italian banks at launch.
- 300+ additional Italian institutions scheduled by end-2013.

**28 November 2013 — Enel connects** [[ebaclearing]]:
- Utility provider Enel connects to MyBank with UniCredit support.

**Pan-European expansion** <sup>[1][1]</sup>:
- Beyond Italy: gradual expansion across SEPA-area countries.

## Technical specification

MyBank is **EBA Clearing's pan-European e-authorisation + Online Banking ePayments service** <sup>[1][1], [2][2]</sup>:

| Layer | Description |
|---|---|
| **Operator** | **EBA Clearing** (European Banking Association consortium) |
| **Launch** | 25 March 2013 |
| **Underlying SEPA infrastructure** | EBA Clearing rails (STEP2 / RT1) |
| **Currency** | EUR |
| **Model** | Bank-redirect Online Banking ePayments |
| **Initial focus market** | Italy (48 banks at launch + 300+ end-2013) |
| **Geographic scope** | Pan-European (SEPA) |
| **Sibling EBA Clearing products** | EURO1 (large-value), STEP2 (batched ACH), RT1 (SCT Inst instant) |

**Flow** <sup>[1][1]</sup>:
- Customer selects MyBank at merchant checkout.
- Redirects to customer's bank online-banking.
- Authentication + payment authorisation.
- Direct bank-to-bank SEPA transfer.

**Open-Banking-predecessor pattern** <sup>[1][1]</sup>:
- Pre-PSD2 (2018 effective), MyBank already operated bank-redirect-payment model.
- Inspired some later Open Banking developments.

## Use cases

**E-commerce checkout (bank-redirect)** <sup>[2][2]</sup>: Italian + pan-European online merchants.

**Utility bills (Enel partnership)** [[ebaclearing]]: Major utility provider integration.

**B2B payments** <sup>[1][1]</sup>: Some enterprise integrations.

**Cross-border SEPA** <sup>[1][1]</sup>: Within euro area.

**Government services** <sup>[1][1]</sup>: Italian e-government partial integration.

## Implementations & ecosystem

**Operator**: **EBA Clearing**.

**Founding-era Italian banks (48 at launch)**: UniCredit, Intesa Sanpaolo, BNL, Banca Sella, others.

**Italian utility integration**: **Enel** (with UniCredit support).

**Pan-European bank participation**: Expanded across SEPA-area banks.

**Modern Italian competitors**: **[BANCOMAT Pay](https://docs.barcoder.ai/docs/standards/bancomat-pay)**, **[Bizum QR](https://docs.barcoder.ai/docs/standards/bizum-qr)**-equivalent NL/DE/ES products, EPC SCT Inst-overlay schemes.

## Fun facts

- **March 2013 launch — pre-PSD2 (2018 effective)**: MyBank's bank-redirect model predated formal Open Banking mandate by 5 years.
- **Italian-anchor adoption**: First-phase Italian focus (48 banks + 300+ institutions end-2013) reflects Italian banks' coordination capability + Italian-utility willingness to be early enterprise customer.
- **EBA Clearing's broader role**: Operates Europe's most important wholesale-payment infrastructure (EURO1, STEP2, RT1) — MyBank is consumer-payment extension.
- **Quiet competitor amidst louder rivals**: MyBank receives less attention than [Bizum](https://docs.barcoder.ai/docs/standards/bizum), [iDEAL QR](https://docs.barcoder.ai/docs/standards/ideal-qr), [EPS](https://docs.barcoder.ai/docs/standards/eps), Klarna SOFORT — but operates similar bank-redirect model at pan-European scale.
- **SEPA infrastructure leverage**: Built atop existing SEPA rails rather than parallel infrastructure.
- **Enel partnership November 2013**: First major utility integration — significant for adoption legitimacy.

## Comparison

| Feature | MyBank (EU) | [iDEAL QR](https://docs.barcoder.ai/docs/standards/ideal-qr) (NL) | [EPS](https://docs.barcoder.ai/docs/standards/eps) (AT) | giropay (DE) | Klarna SOFORT (EU) |
|---|---|---|---|---|---|
| Operator | **EBA Clearing** | Currence (NL banks) | Joint AT banks + Gov | DK card-issuers | Klarna |
| Launch | Mar 2013 | 2005 | Mid-2000s | 2005 | 2005 |
| Scope | **Pan-European** | NL primary | AT primary | DE primary | DE/AT primary, broader |
| Bank-redirect model | Yes | Yes | Yes | Yes | Yes |
| First-phase anchor | **Italy (48 banks)** | All NL banks | AT banks | DE banks | DE/AT banks |
| Government endorsement | Limited | Used by NL gov | **Official AT** | Used by DE gov | None |

## Status

**Active, pan-European bank-redirect payment** <sup>[1][1], [2][2]</sup>:
- **EBA Clearing** operator since 25 March 2013.
- **48+ Italian banks** primary base, **pan-European expansion**.
- **SEPA infrastructure-based**.
- **Enel** utility integration.

## Sources

[1]: https://en.wikipedia.org/wiki/EBA_Clearing "EBA Clearing — Wikipedia"
[2]: https://www.ebaclearing.eu/news-and-events/media/archive-press-releases/25-march-2013-eba-clearing-launches-mybank/ "EBA CLEARING launches MyBank"
[3]: https://www.ebaclearing.eu/news-and-events/media/archive-press-releases/16-may-2012-italian-banks-and-e-merchants-embrace-mybank-e-payment-solution/ "Italian banks embrace MyBank — EBA Clearing"
[ebaclearing]: https://www.ebaclearing.eu/news-and-events/media/archive-press-releases/28-november-2013-utility-provider-enel-connects-to-eba-clearing-s-mybank-service-with-support-of-unicredit/ "Enel connects to MyBank"

- [1] [EBA Clearing — Wikipedia][1]
- [2] [EBA CLEARING launches MyBank][2]
- [3] [Italian banks embrace MyBank][3]
- <sup>[EU report](https://docs.barcoder.ai/docs/payments/EU)</sup> Multiple European country reports

## Deployments

Found in the following country reports (grep across `reports/countries/`):

- **IT** — [IT-italy.md](https://docs.barcoder.ai/docs/payments/IT)

## Regions / aggregations not mapped to a single country

- EU (Italy-led)