Salt Edge Payment Initiation
Salt Edge Payment Initiation enables account-to-account payments from customers’ bank accounts through open banking connectivity.
What Salt Edge Payment Initiation is
Salt Edge Payment Initiation enables account-to-account payments from customers’ bank accounts through open banking connectivity. A single API integration supports payments from 2,700+ banks across Europe and the UK. Customers select a bank, review and consent to payment details, then authenticate and approve the payment with their bank. Instant payments run 24/7 and usually complete in seconds. Listed uses include e-commerce, e-wallet top-ups, loan repayments, corporate payments, and travel settlements and refunds. For corporate payments, the API supports recurrent, scheduled, bulk and batch transfers, with standardised templates for bank and regional requirements. Salt Edge says it is ISO 27001 certified and PCI DSS compliant, and uses TLS-encrypted channels, layered encryption and tokenisation. It monitors its systems and services and makes a 24/7 incident reporting channel available to clients. The company, founded in 2013 and based in Toronto, describes itself as an open banking API provider for businesses. Pricing is available by contacting sales or booking a demo.
Good
- One API supports 2,700+ banks across Europe and the UK.
- Instant payments usually complete in seconds.
- Supports recurrent, scheduled, bulk and batch payments.
- Refunds and payment webhooks are supported.
- Security includes tokenisation and layered encryption.
Watch out
- Pricing is available only on request.
- The listed platforms are API and web.
Who it suits
It suits businesses that want to initiate account-to-account payments through open banking, including e-commerce, lending, e-wallet and corporate payment use cases. Its API also covers travel settlements and refunds.
Verdict
Salt Edge Payment Initiation is built around bank-based payments, with broad stated bank coverage and options for corporate payment schedules and batches. Businesses need to contact sales for pricing.
Plans and prices
From Salt Edge Payment Initiation's own pricing page, checked 2 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Pay by bank | Priced on request | Pricing not stated; contact sales |
The facts
Each one read from Salt Edge Payment Initiation's own pages, with the date it was checked.
What it does
- Bank coverage
- The product page states that one API integration supports payments from 2,700+ banks across Europe and the UK.checked 2 Oct 2026
- Example adopters
- The payment initiation page displays ING, Odoo, CRIF, Cloud Finance, ConnectPay, TreasurUp, Erste, and Shoptet as companies that trust Salt Edge.checked 2 Oct 2026
- Monitoring and support
- The security page says a 24/7 incident reporting channel is available to clients and Salt Edge monitors its systems and services.checked 2 Oct 2026
- Payment flow
- Customers choose a bank, review and consent to payment details, then authenticate and approve the payment through their bank.checked 2 Oct 2026
- Payment options
- The API supports recurrent, scheduled, bulk, and batch payments for corporate payments.checked 2 Oct 2026
- Payment templates
- Salt Edge says it supports standardised payment templates to handle bank and region specifics.checked 2 Oct 2026
- Payment use cases
- Listed use cases include e-commerce, e-wallet top-ups, loan repayments, corporate payments, and travel settlements and refunds.checked 2 Oct 2026
- Performance
- Salt Edge states a 99th percentile HTTP response time of 250 ms for all public endpoints.checked 2 Oct 2026
- Pricing availability
- The product page directs prospective customers to book a demo or contact sales and does not state a price.checked 2 Oct 2026
- Processing
- The page says instant payments are processed 24/7 and usually complete in seconds.checked 2 Oct 2026
- Security
- Salt Edge says it is ISO 27001 certified and PCI DSS compliant, and uses TLS encrypted channels, multiple encryption layers, and tokenisation.checked 2 Oct 2026
- What it does
- Pay by bank enables account-to-account payments from customers’ bank accounts through open banking connectivity.checked 2 Oct 2026
The company
- Company
- Salt Edge describes itself as a provider of open banking API solutions for businesses.checked 2 Oct 2026
- Founded
- 2013checked 28 Sep 2026
- Headquarters
- Toronto, Canadachecked 28 Sep 2026
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