Our TPP-licensed clients are able to create their PSD2 payment systems through our secure and stable Payment Initiation API. This was created drawing from our solid experience crafting Financial Aggregation solutions.

Payment Initiation API

We've developed a RESTful API so that our clients can develop their own solutions for payment initiation. This creates new avenues to add value to consumers and business customers, also opening-up new business opportunities and models.

Our clients that own a PISP license and want to market quickly might face a wide array of technological hindrances when it comes to developing PSD2 connectors. Our API is prepared and readily available to process large transactional volumes, and thanks to our experience we have designed it to execute a swift, successful production start-up.

In addition, our clients that do not own a PISP license can opt for Banconecta, a payment method ready to be integrated into any platform to start accepting payments by either bank transfer or payment initiation. Learn more about it...

Outstanding features of PayBits


Regularly audited. Paybits complies with both PSD2 and GDPR. Service hosted in an Europe-based IBM Data Center that meets ISO 27001: 2013, ISO 27018, SOC I, II & III.


Prepared for high transaction services for large electronic stores, banks, and more.


Designed and developed using the same technology as our Aggregator.


Set-up your own payment method & customize the User Interface with your brand image.

Technical Features

Payment Initiation Gateway

The Eurobits Payment Initiation Service issues payment orders by bank transfer, directly from the end user's online banking by drawing the user's express consent to do so. The transaction is carried out through the financial institution's means and mechanisms, be that a dedicated API or through traditional online banking access.

This service is based on a RESTful API that operates under a request-response model, allowing the implementation of a variety of scalable and mission-critical use case applications. This API is the result of continuous research and development plus more than 10 years of Eurobits' solid experience in Financial Aggregation, which has resulted in several successful implementations for our clients.

Main Features:

  • An API that fully complies with current PSD2 regulations.
  • Support for multiple login mechanisms, including 2-Factor Authentication or through an alternative way (OTP, Captcha, etc.).
  • High security: endorsed by the Bank of Spain.
  • High performance: high concurrency environment without any “Single Point of Failure”.
  • Evolutionary design: continuous & iterative development, always PSD2 and GDPR compliant.

Would you like to know more?

Get in touch with us

If you would like to find out how this service works or the advantages it can bring to your company or project, do not hesitate to contact us.

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