An account setup with Pay By Bank will have additional options in Account Settings under the Checkout and Payment Links page in the General Tab:
Default Payment Method Displayed - Choosing a payment method here will set the default during the payment journey. Customers will have a default method already selected for them while making their payment, encouraging one method over the other. The customer can choose the alternative if they wish.
Set Card Limit - Adding a card limit will only allow the Pay by Bank option to be selected if the user sends a payment request above the limit set. This is used mostly when trying to reduce or avoid card processing fees on larger transactions.
This feature is great to encourage customers to use Pay by Bank.
