GoCardless Bank Account Data vs Token.io Data
GoCardless Bank Account Data
gocardless.comToken.io Data
token.ioSide by side
| Figure | GoCardless Bank Account Data | Token.io Data |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 4 | 0 |
| Spec score · Bank Connectivity Software | 8.2 (#7) | 6.8 (#45) |
| Consent | End users authorize data sharing through their bank, and GoCardless describes open banking as user consent driven. | Under Open Banking protocols, the customer must explicitly consent before a bank shares account data with a third party. |
| Coverage | The solution is available in European Economic Area countries subject to PSD2, where GoCardless says it operates as an authorised AISP. | Token.io's homepage states connectivity to over 567 million verified bank accounts in the UK and Europe. |
| Product | Bank Account Data API connects to users’ bank accounts through bank PSD2 APIs and returns account information in JSON. | Token.io Data lets users consent to share bank account balances, transactions, and/or account details with a third party. |
| Support | The Bank Account Data help centre lists support availability Monday to Friday, 9am–5pm GMT. | Token.io's developer documentation directs users to [email protected] for feedback about the documentation. |
Plans
GoCardless Bank Account Data
- StandardFree
- AdvancedFree
- ProFree
- CustomPriced on request
In their own words
GoCardless Bank Account Data
GoCardless Bank Account Data is an API for businesses that need account details and transaction data from connected bank accounts. It connects through bank PSD2 APIs and can return account holder names, account identifiers, IBANs, transaction dates, counterparties, descriptions and amounts, plus current and available balances. It can retrieve up to 24 months of transaction history, with continuous access lasting up to 90 days. Data refreshes on demand, and responses use JSON. To connect, an end user chooses a supported financial institution, accepts a GoCardless-hosted consent screen and authenticates through the institution. API requests use an authorization token created with a Bank Account Data portal user secret. GoCardless provides a quickstart guide and instructions for importing the API schema into Postman. Availability is limited to EEA countries subject to PSD2 where GoCardless operates as an authorized AISP. Banks may restrict requests to as few as four calls per account per day. Account verification is available only to paying customers; new accounts are unverified by default. The service is paid, with pricing on request, and is available via API and web.
Token.io Data
Token.io Data is an Account Information Service that lets a customer share bank-account information with a third party after explicit consent. Its API covers account details, balances, standing orders, and transactions. Documented uses include creditworthiness assessment, account-ownership verification, autofill, personal financial management, and balance display. Teams can use Token.io Hosted Pages or an API-only flow, with redirect, embedded, and decoupled authentication options. Data refresh is on demand, and connected banks can be filtered by country and supported features. Token.io states connectivity to over 567 million verified bank accounts in the UK and Europe across 21 countries. Token.io Limited is authorised by the UK FCA as an AISP and PISP; Token.io GmbH is authorised by BaFin as an AISP. The company lists ISO 27001:2013, PCI-DSS Level 1, PSD2, and Cyber Essentials credentials. Pricing is available on request.