Mobile Payment Solutions (MPS), Belgium’s regulated payment institution, has joined forces with open banking leader Salt Edge to launch PSD2-compliant APIs.
By teaming up with Salt Edge, MPS hopes it will be able to better serve its expanding client base, from fintechs and e-commerce platforms to mobility and hospitality brands, which increasingly view payments as strategic opportunities for user engagement.
Initially available in the Netherlands and France for both retail and corporate accounts, all licensed third-party providers (TPPs) throughout the European Economic Area will be able to access the new APIs. By combining MPS’s payment infrastructure with Salt Edge’s extensive connectivity across European banks and compliance expertise, the partnership lays the groundwork for scalable, next-gen financial services.
To secure an exemption from the fallback mechanism, MPS leveraged Salt Edge’s Open Banking Compliance solution, which ensures the APIs are reliable, well-documented, widely used, and offer performance on par with traditional banking interfaces.
“We see this partnership with Salt Edge as a key enabler of smarter, more responsive payment experiences,” explained Jan Harboort, CEO of Mobile Payment Solutions. “If a printer can order its own ink, why shouldn’t a payment system know what value to add at exactly the right time? With Salt Edge’s open banking infrastructure, we’re building a platform that doesn’t just process payments, but anticipates user needs and delivers actionable insight in real time.”
Delivering data-enriched financial services
The new solution will enable AISPs to retrieve account balances and transaction data, while also ensuring PISPs can initiate payments directly from user accounts and confirm the availability of funds before authorising transactions.
MPS powers secure, real-time fund movement in B2B, B2C, and embedded finance contexts. By enriching transactions with contextual data, real-time insights, and loyalty features, it aims to transform routine payments into value-added experiences that drive customer satisfaction and retention.
“Salt Edge views compliance as a driver of innovation,” added Victor Colta, product owner at Salt Edge. “By enabling MPS to adhere to strict PSD2 standards, we are establishing a basis for robust and dependable APIs that third-party providers can have confidence in, rather than simply fulfilling obligations. While the initiative is currently in early-stage rollout, it represents a significant step forward in delivering smarter, data-enriched financial services with a full-scale European activation on the horizon.”
The news comes shortly after Salt Edge teamed up with RiseUp, the AI-driven financial insights tool, to enable financial institutions to identify key financial moments better and help consumers take action, supporting efforts saving, lending, or building long-term financial well-being.
