Lloyds has partnered with Stripe to provide small businesses with access to digital payment tools through a new service called Lloyds Accept.

The bank said it has integrated Stripe’s payments infrastructure into its business banking offering, enabling customers to access a range of payment services directly through their Lloyds or Bank of Scotland business accounts.

Lloyds Accept allows businesses to start accepting payments within minutes and includes tools such as Tap to Pay on smartphones, payment links, and card payment terminals.

The service supports both Tap to Pay on iPhone and Tap to Pay on Android, allowing merchants to accept contactless payments using a smartphone without the need for additional hardware.

Lloyds added that businesses can use the technology in a variety of locations, including customer premises, markets and community events.

The collaboration forms part of Lloyds’s efforts to expand the digital capabilities available to its business banking customers. By embedding Stripe’s technology into its banking platform, the bank said it aims to simplify payment acceptance and reduce the barriers for small businesses looking to adopt digital payment methods.

“Businesses need simple, flexible payment solutions so they can focus on growing and serving their customers,” said Amanda Murphy, chief executive of Lloyds business and commercial banking. “Our new tools enable businesses to get set up and start trading instantly, supporting healthy cashflow – which is vital for small businesses."

Earlier this week, Lloyds Banking Group announced the roll out of new agentic artificial intelligence system across its fraud operations after preventing more than £1 billion of fraud in 2025 and investing £100 million in fraud technology since 2023.

The bank said the new system deploys multiple AI agents simultaneously during customer interactions, enabling fraud teams to conduct identity checks, transaction analysis, and scam risk assessments in real time.

The technology has been integrated into existing fraud tools used by frontline staff and is designed to support faster decision-making while leaving final judgments with human colleagues.

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