Token.io

Open banking payments for enterprises

UKGermanyFranceSpainNetherlandsIrelandBelgiumItaly+1 markets

Payment initiationAccount verificationFCA regulated

Overview

Token.io provides open banking payment infrastructure with a focus on B2B and enterprise use cases. Strong in payment initiation with a single API covering multiple EU markets. Used by banks, PSPs, and large enterprises.

Key features

Payment initiation

Account-to-account payments and checkout flows where banks expose PIS coverage.

Account verification

Bank-based checks for onboarding, name matching, and ownership validation.

PSD2-aligned connectivity

Structured around regulated access where applicable in EU markets.

Sandbox environment

Test flows before production traffic with provider tooling.

API-first integration

REST-style APIs and documentation aimed at product and engineering teams.

Documentation & guides

Onboarding materials differ by maturity — budget time for bank-specific edge cases.

Coverage

Markets where this provider commonly supports connectivity today (coverage can vary by bank and product).

UK
Germany
France
Spain
Netherlands
Ireland
Belgium
Italy
Portugal

Who it's best for

Teams prioritising bank-based checkout, payouts, or lower card fees in supported corridors.
Onboarding-heavy products that need verified bank account ownership at scale.
Businesses that need credible coverage in mature open banking markets such as the UK or Germany.

Limitations

Coverage is strongest in listed EU/EEA markets; US or other regions may be limited or partner-dependent.
Pricing is often negotiated for enterprise volumes — expect a sales process rather than self-serve list prices.
Roadmaps change quickly in open banking — validate timelines for the countries on your launch list.