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Head-to-head · Open Banking Payment Platforms

Trustly vs Salt Edge Payment Initiation

  • Updated Oct 2026
  • Both researched from official sources
  • 2 checks side by side
Higher score Trustly #1 in Open Banking Payment Platforms 9.2/10 Pricing on request ✓ 2 of 2 features Visit Trustly
Salt Edge Payment Initiation #4 in Open Banking Payment Platforms 8.2/10 Pricing on request ✓ 2 of 2 features Visit Salt Edge

Trustly leads on 0 checks, Salt Edge Payment Initiation on 0, and 2 are even. Who comes out ahead on the 2 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreTrustly · 9.2/10

Trustly scores higher on our rubric for open banking payment platforms: 9.2 against 8.2 out of 10; our editors rank them #1 and #4.

On bank authentication, Trustly gives you Both where Salt Edge Payment Initiation offers Redirect.

Trustly is the better fit for mature, full-service payment platforms. Salt Edge Payment Initiation is the better fit for european and UK account-to-account payments.

  • Trustly fits best

    Mature, full-service payment platforms

  • Salt Edge Payment Initiation fits best

    European and UK account-to-account payments

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Trustly 9.2/10 Visit ↗ Salt Edge Payment Initiation 8.2/10 Visit ↗
At a glance
Editor score 9.2 8.2
Ranking #1 in Open Banking Payment Platforms #4 in Open Banking Payment Platforms
Best for Mature, full-service payment platforms European and UK account-to-account payments
Pricing model Paid Paid
Starting price Pricing on request Pricing on request
Free plan Not checked yet Not checked yet
Free trial — —
Deployment Cloud, Mobile Cloud, Browser extension
Platforms Web, iOS, Android Web
Support Email, Docs Email, Docs
Compliance ISO 27001, GDPR ISO 27001, 2FA
Built for Mid-market, Enterprise Small business, Mid-market, Enterprise
Features Trustly 2/2 · Salt Edge Payment Initiation 2/2
Payment webhooks ✓ ✓
Refunds ✓ ✓
Specs
Supported countries Not checked yet Not checked yet
Bank authentication Both Redirect
Payment frequency Both Both
Settlement speed Instant Instant
Our review
Pros
  • Supports Pay by Bank, recurring payments, payouts and refunds
  • Offers web, Android, iOS and React Native SDKs plus APIs
  • Includes reconciliation, webhooks, account verification and fraud controls
  • Hosted payment flow with bank selection and authentication
  • Payment status callbacks with signed callback requests
  • Payment cancellation, templates and status refresh
Cons
  • Merchant pricing requires direct contact with sales
  • The broad feature set may exceed the needs of single-purpose payment teams
  • Risk controls use bank-qualified data rather than a broader stated data scope
  • Pricing is handled through contact with sales
  • Authentication uses bank redirects
  • Coverage is focused on Europe and the UK
Our verdict

Trustly is an Open Banking payment platform for merchants that want more than a basic bank-payment checkout. Customers can pay directly from bank accounts, while businesses can manage recurring payments, subscription billing, payouts,…

Read the review →

Salt Edge Payment Initiation helps businesses and financial platforms accept account-to-account payments through open banking. Its API and Salt Edge Connect hosted payment flow let customers select a supported bank, authenticate with their…

Read the review →
  1. TrustlyOpen Banking Payment Platforms 9.2Pricing on request
  2. Salt Edge Payment InitiationOpen Banking Payment Platforms 8.2Pricing on request

Strengths and trade-offs

  • Trustly — where it wins

    • Supports Pay by Bank, recurring payments, payouts and refunds
    • Offers web, Android, iOS and React Native SDKs plus APIs
    • Includes reconciliation, webhooks, account verification and fraud controls

    Where it doesn't

    • Merchant pricing requires direct contact with sales
    • The broad feature set may exceed the needs of single-purpose payment teams
    • Risk controls use bank-qualified data rather than a broader stated data scope

  • Salt Edge Payment Initiation — where it wins

    • Hosted payment flow with bank selection and authentication
    • Payment status callbacks with signed callback requests
    • Payment cancellation, templates and status refresh

    Where it doesn't

    • Pricing is handled through contact with sales
    • Authentication uses bank redirects
    • Coverage is focused on Europe and the UK
  • Trustly9.2/10 · Pricing on request

    A mature, full-service platform for bank payments, recurring billing, payouts and reconciliation.

    Visit TrustlyFull verdict →
  • Salt Edge Payment Initiation8.2/10 · Pricing on request

    A focused account-to-account payment layer for European and UK bank payments.

    Visit Salt EdgeFull verdict →

More comparisons

All open banking payment platforms comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update