Belgium’s regulated payment institution, Mobile Payment Solutions (MPS), has partnered with open banking leader Salt Edge to launch its PSD2-compliant APIs. „Initially available in the Netherlands and France for both retail and corporate accounts, these APIs will be accessible to all licensed third-party providers (TPPs) throughout the European Economic Area.” – according to the press release.
To secure an exemption from the fallback mechanism (Article 33.6 of the RTS), 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.
The solution enables AISPs to retrieve account balances and transaction data, PISPs to initiate payments directly from user accounts and PIISPs to confirm the availability of funds before authorising transactions.
MPS powers secure, real-time fund movement in B2B, B2C, and embedded finance contexts. But what truly sets the institution apart is its ability to enrich transactions with contextual data, real-time insights, and loyalty features, transforming routine payments into engaging, value-added experiences that drive customer satisfaction and retention.
This collaboration enables MPS 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. By combining MPS’s intuitive 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.
Jan Harboort, CEO Mobile Payment Solutions: „We see this partnership with Salt Edge as a key enabler of smarter, more responsive payment experiences. 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.„
Victor Colta, Product Owner 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.„
______________
Mobile Payment Solutions (MPS) is a Belgian fintech and licensed payment institution, regulated by the National Bank of Belgium. MPS enables fast, secure payments across Europe, enriched with real-time value through user experience, data insights, and loyalty features.
Salt Edge is a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to get access to bank channels via a unified gateway and developing the technology necessary for banks to become compliant with the directive’s requirements. ISO 27001 certified and AISP licensed under PSD2, the company is integrated with 5,000+ financial institutions in 50+ countries.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
