Salt Edge Payment Initiation allows businesses to offer their end-users a direct payment method from their bank accounts, bypassing traditional card processing fees. This solution provides access to over 2,000 banks across Europe through a single API integration, ensuring seamless and instant payment initiation. It enhances security through strong customer authentication, mitigating fraud risks. The service is designed to be fully open banking compliant, offering a flexible approach with standardized templates that adapt to various bank and regional specifics. By handling the technical, security, and compliance aspects, Salt Edge empowers platforms to focus on their core services while providing a superior payment experience for their customers.

Features & Benefits

• Lower-Cost Payment Method: Eliminates expensive card processing fees, offering a more affordable option.
• Enhanced Security: Mitigates fraud and security breaches through strong customer authentication.
• Extensive API Coverage: Provides access to over 2,000 banks across Europe via one integration, with 24/7 monitoring.
• Seamless User Experience: Allows users to pay directly from their bank accounts using familiar authentication methods, encouraging repeat usage.
• Compliance and Flexibility: Adheres to international security standards (ISO 27001) and supports standardized payment templates for ease of use.