OpenPayd

OpenPayd is a Banking-as-a-Service (BaaS) platform designed to integrate financial services directly into business workflows via a unified API. It enables companies, particularly fintechs and B2B platforms, to embed multi-currency payment processing, virtual accounts with unique IBANs, foreign exchange services, and wallet infrastructure without the need to hold a regulated banking license. This API-first approach facilitates seamless account creation, real-time SEPA, Faster Payments, and SWIFT transactions, streamlining international and domestic payment operations.

The platform supports multi-currency accounts with automatic currency conversion, helping businesses manage global payment needs efficiently. OpenPayd’s infrastructure is built with compliance in mind, adhering to UK and EU regulatory standards, which ensures secure and reliable financial operations. A recent integration with Circle enhances the platform by enabling the conversion between fiat currencies and USDC stablecoins, thereby improving liquidity access, lowering settlement costs, and expanding payment and treasury management capabilities. This stablecoin infrastructure also allows businesses to move and manage digital assets alongside fiat currency through a single interface, optimizing payment speed and cross-border transactions.

OpenPayd’s capabilities are particularly suited for platforms managing multiple customer accounts across different geographies, offering enterprise-grade reliability and reducing the complexity of building regulated financial infrastructure. The service includes features such as real-time payment validation and extensive developer tools, supporting straightforward onboarding and integration. While it is comprehensive in its feature set, the platform may be more appropriate for businesses with sizeable or complex payment needs due to its onboarding and technical requirements. Overall, OpenPayd provides a robust API-driven financial infrastructure for companies seeking embedded payments, account management, and stablecoin-enabled transactions in a scalable and compliant manner.

This description was generated by AI (artificial intelligence). AI can make mistakes. Check important info.

Website: openpayd.com

Disclaimer: WebCatalog is not affiliated, associated, authorized, endorsed by or in any way officially connected to OpenPayd. All product names, logos, and brands are property of their respective owners.