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Token Payments is the simplest way to bypass traditional methods and accept faster, lower cost account-to-account payments.

A shift is coming

Open banking is the most exciting disruption to hit financial services in a generation — and it is fundamentally changing the payments landscape.

Open banking legislation requires banks to release their customer data and APIs to authorised third parties, accelerating competition and innovation across financial products and services in Europe and beyond.

As pioneers in open banking technology, Token’s mission is to drive the shift from traditional payment methods to account-to-account bank payments with our best-in-class Pan-European bank connectivity, data and compliance capabilities.

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As pioneers in open banking technology, Token’s mission is to drive the shift from traditional payment methods to account-to-account bank payments with our best-in-class Pan-European bank connectivity, data and compliance capabilities.

a2a payments

THE OPEN BANKING ADVANTAGE

Open banking is about more than just data — and so is Token. Unlike other solutions that only provide data connectivity, Token provides a complete open banking integration for bank payments, data and compliance, benefiting consumers, businesses and banks alike.p>

For consumers

Better visibility & control over finances

Open banking and A2A payments give consumers a single view of their finances, empowering savvier financial decision making.

Faster, frictionless experiences

Token Data can auto-fill onboarding forms and instantly authenticate new customers for sleeker journeys (and higher conversion rates).

Secure, one-click payments

With Token Payments, customers approve payments in their own banking app. Card details are never shared, reducing fraud vulnerability.

For businesses

Cheaper than card schemes and wallets

With account-to-account payments, businesses never pay scheme or interchange fees.

Fast or instant settlement

Receive money within minutes — not days.

Better customer journeys

By enabling customers to pay merchants with app-to-app redirection, A2A payments mean shorter, sleeker customer journeys.

Increase conversions

Token Data can accurately auto-fill onboarding forms and instantly complete KYC with secure authentication directly with banks.

No chargebacks

Completely eliminate the costs of chargeback fraud.

More secure

A2A payments have bank-grade security baked in. Token Pay also eliminates screen scraping, and reduces data breaches and mobile hacking.

Richer data

Instantly access new customers’ account and transaction data, seamlessly aggregated from over 3,000 European banks.

Higher acceptance

A2A payment transaction success rates are equal to or better than cards.

Reduce risk

Customer’s financial login details are entered in their banking app. They’re never given to, or stored, by you.

For banks

Revenue from payments

Create additional revenue channels with new, data-driven products.

Reintermediation with customers

Deliver offers and financial services that are hyper-personalised, relevant and perfectly timed to succeed.

How it works

With Token Payments, you can enable customers to pay merchants in one click, directly from their bank account, through seamless app redirection.

A2A payments are faster, frictionless, and more secure than traditional payment methods. Since customers don’t have to enter card details to pay, this eliminates screen scraping and reduces fraud exposure and mobile hacking.

See how Payment Service Providers (PSPs), Banks and Merchants also profit with Token’s open banking payments platform.

How it Works

Ready to shift?

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