Open Banking Payments

14/04/2022

Payment initiation is the payment method that Open Banking makes possible. SignD offers Open Banking payment services, the most innovative standard in which customers connect to their Banks and authorize payment directly from their account, without the need for a credit card, prepaid card, e-wallet or financial intermediary of any kind. With Open Banking companies can save money, since there are fewer parties and intermediaries involved, commissions are lower, transactions are immediate and the fact that payment transactions are processed in the same environment, decreases the chances of failed transactions.

Open banking is a regulated standard, defined in the EU’s PSD2.

We are proud to count with a network of partners that allow us to offer our customers one of the broadest bank coverage within the European Union.