Why do I have to enter the username and PIN for my online banking access at Qwist?

Qwist logs into your bank on your behalf. As a regulated payment institution, Qwist can process the necessary access data within the legally defined scope. Encryption and other security measures are used at all times to ensure that nobody but you, Qwist and the bank has access to your login data within the scope of this technical communication – not even the partner service you are using (see also the question under the category ➤Regulation and financial supervision: Can my bank prohibit me from using Qwist/the partner service?)