Salt Edge Payment Initiation

6.4easy start · #9 of 22
in Open Banking Payment Platforms

Free to practise onnot on record
Free trialnot on record
Well documentedyes
Runs where you worknot on record

Runs on api, Web.

Salt Edge Payment Initiation is ranked #9 of 22 in open banking payment platforms on The Geeks Club. It runs on API, Web.

Salt Edge Payment Initiation plans and pricing

All plans

Pay by bank Not published Pricing not stated; contact sales saltedge.com · 2 Oct 2026

Compared on open banking payment platforms

Bank authentication: redirect
Payment frequency: both
Settlement speed: instant
Payment webhooks: Yes
Refunds: Yes

Best Salt Edge Payment Initiation alternatives

See all 12

TrueLayer Data API 0 of 4 in the starter kit Lesson 17.2 Plaid 0 of 4 in the starter kit Lesson 26.9 Trustly 0 of 4 in the starter kit Lesson 36.6 Volt 0 of 4 in the starter kit Lesson 46.6 Lean Payments 0 of 4 in the starter kit Lesson 56.5 Finexer 0 of 4 in the starter kit Lesson 66.4

The record

What it does: Pay by bank enables account-to-account payments from customers’ bank accounts through open banking connectivity.
Bank coverage: The product page states that one API integration supports payments from 2,700+ banks across Europe and the UK.
Payment flow: Customers choose a bank, review and consent to payment details, then authenticate and approve the payment through their bank.
Processing: The page says instant payments are processed 24/7 and usually complete in seconds.
Payment use cases: Listed use cases include e-commerce, e-wallet top-ups, loan repayments, corporate payments, and travel settlements and refunds.
Payment options: The API supports recurrent, scheduled, bulk, and batch payments for corporate payments.
Payment templates: Salt Edge says it supports standardised payment templates to handle bank and region specifics.
Security: Salt Edge says it is ISO 27001 certified and PCI DSS compliant, and uses TLS encrypted channels, multiple encryption layers, and tokenisation.
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.
Performance: Salt Edge states a 99th percentile HTTP response time of 250 ms for all public endpoints.
Example adopters: The payment initiation page displays ING, Odoo, CRIF, Cloud Finance, ConnectPay, TreasurUp, Erste, and Shoptet as companies that trust Salt Edge.
Pricing availability: The product page directs prospective customers to book a demo or contact sales and does not state a price.
Company: Salt Edge describes itself as a provider of open banking API solutions for businesses.
Founded: 2013

Where it ranks on The Geeks Club

Best Open Banking Payment Platforms in 2026#9 of 22

Is Salt Edge Payment Initiation yours?

Claim it for free: prove the domain, then correct facts, plans and screenshots. An editor reviews every change.

Claim it free Promote Salt Edge Payment Initiation

Sources

saltedge.com/products/payment_initiation· checked 2 Oct 2026
saltedge.com/company/security· checked 2 Oct 2026
saltedge.com/company/about_us· checked 2 Oct 2026
saltedge.com· checked 28 Sept 2026