Neopay Payment Initiation vs TrueLayer Data API
Neopay Payment Initiation
neopay.onlineTrueLayer Data API
truelayer.comSide by side
| Figure | Neopay Payment Initiation | TrueLayer Data API |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 2 | 2 |
| Spec score · Open Banking Payment Platforms | 7.9 (#2) | 7.7 (#6) |
| Headquarters | Vilnius, Lithuania | London, United Kingdom |
| Regulation | Neopay says its payment initiation operates under PSD2 open-banking licensing and national-bank regulation. | TrueLayer states that it is regulated by the UK Financial Conduct Authority and that TrueLayer (Ireland) Ltd is authorised by the Central Bank of Ireland. |
| Support | Neopay lists email and chat support, merchant-portal tickets, and online documentation, code examples, and FAQs. | TrueLayer support operates Monday to Friday from 8 AM to 8 PM GMT through Help Centre chat and tickets. |
Plans
Neopay Payment Initiation
- Custom planPriced on request
- Standard planPrice not published
In their own words
Neopay Payment Initiation
Neopay Payment Initiation has no write-up on Specifiction yet; its figures are above.
TrueLayer Data API
TrueLayer Data API gives applications access to identity, account, transaction and balance data for integrated banks through a single interface. Account details may include the holder’s name, account number and IBAN; card data may include the network, last four digits and name on card, with balances and transactions available at card level. Listed uses include account verification and aggregation, affordability checks, rewards and insights, and money management. TrueLayer offers a customizable user journey or a custom authentication flow for regulated customers. Non-regulated customers and agents of TrueLayer customers must use the customizable flow. Documentation lists client libraries for Node.js, Python, Java and .NET, as well as web and mobile SDKs and hosted payment-page options. The free Sandbox plan uses mock data and has no production access. Production pricing is based on volume and use case; access requires a registered business or commercial entity, a signed commercial agreement and KYB/KYC. TrueLayer requires HTTPS and says data is encrypted at rest and in transit. Identical API requests are cached for one hour, and persistently unreasonable request volumes may be throttled or blocked. The company is headquartered in London and was founded in 2016.