Token uses your smartphone’s secure biometric functions for authentication and authorisation and all data is encrypted.
Requests to access your account require your explicit consent and are approved via your bank approval processes.
In your control
View, cancel, or change an authorisation with a simple swipe.
Free of charge
Using the Token mobile app for your open banking account needs is entirely free of charge.
Open banking - a new banking era
Open banking has been enabled through an EU law called the Payment Services Directive “PSD2”, which requires European banks to allow users to access account information and payments via permitted third parties.
PSD2 aims to promote the development and use of innovative online and mobile payments, and make cross-border European payment services safer.
Allowing third parties to access your bank account will potentially enable many new future services that will help you better manage your money.
Token is one of the pioneers in open banking and we work closely with many banks and other financial services organisations to continuously improve your open banking experience.
The Token app is available for beta testing in the App Store.
Interested in finding out more? Get in touch and our team will contact you as soon as possible.