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Salt Edge Payment Initiation
Toronto, Canada
What it is
Salt Edge Payment Initiation is an open banking API for account-to-account payments from customers’ bank accounts. One integration supports payments from more than 2,700 banks across Europe and the UK. Customers select their bank, review and consent to payment details, then authenticate and approve the transaction through that bank. Instant payments run around the clock and usually finish within seconds. Listed uses include online commerce, e-wallet top-ups, loan repayments, corporate payments, and travel settlements or refunds. Corporate payment workflows can use recurrent, scheduled, bulk, and batch payments, with standardized templates for bank and regional requirements. The API provides redirect-based bank authentication, webhooks, and refunds. Salt Edge says it uses TLS-encrypted channels, layered encryption, and tokenization, and is ISO 27001 certified and PCI DSS compliant. The service is available through API and web access. Salt Edge, founded in 2013 and headquartered in Toronto, offers pricing on request through sales or a demo.
For and against
For
- Coverage of 2,700+ European and UK banks
- Instant payments processed 24/7
- Supports scheduled, bulk, and batch payments
- Webhooks and refunds included
- ISO 27001 and PCI DSS stated
Against
- Pricing is available only on request
- Bank authentication uses a redirect flow
The verdict
Salt Edge Payment Initiation combines broad bank coverage with several payment schedules and business use cases. Buyers should contact sales for pricing and evaluate whether its redirect authentication fits their checkout flow.
Who it suits
It suits businesses needing bank-based payment initiation across European and UK banks. It is relevant to e-commerce, lending, travel, wallet, and corporate payment workflows.
Plans and prices
Pay by bank
Pricing not stated; contact sales
Read 2 Oct 2026 · saltedge.com
On the record
- Bank coverage
- The product page states that one API integration supports payments from 2,700+ banks across Europe and the UK.saltedge.com · read 2 Oct 2026
- Company
- Salt Edge describes itself as a provider of open banking API solutions for businesses.saltedge.com · read 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.saltedge.com · read 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.saltedge.com · read 2 Oct 2026
- Payment flow
- Customers choose a bank, review and consent to payment details, then authenticate and approve the payment through their bank.saltedge.com · read 2 Oct 2026
- Payment options
- The API supports recurrent, scheduled, bulk, and batch payments for corporate payments.saltedge.com · read 2 Oct 2026
- Payment templates
- Salt Edge says it supports standardised payment templates to handle bank and region specifics.saltedge.com · read 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.saltedge.com · read 2 Oct 2026
- Performance
- Salt Edge states a 99th percentile HTTP response time of 250 ms for all public endpoints.saltedge.com · read 2 Oct 2026
- Pricing availability
- The product page directs prospective customers to book a demo or contact sales and does not state a price.saltedge.com · read 2 Oct 2026
- Processing
- The page says instant payments are processed 24/7 and usually complete in seconds.saltedge.com · read 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.saltedge.com · read 2 Oct 2026
- What it does
- Pay by bank enables account-to-account payments from customers’ bank accounts through open banking connectivity.saltedge.com · read 2 Oct 2026
