Noda vs Salt Edge Payment Initiation
Noda
noda.liveSalt Edge Payment Initiation
saltedge.comSide by side
| Figure | Noda | Salt Edge Payment Initiation |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 2 | 1 |
| Spec score · Open Banking Payment Platforms | 7.8 (#3) | 7.1 (#13) |
| Bank coverage | Noda says it connects to more than 2,000 banks in the UK and EU, with full UK bank coverage. | The product page states that one API integration supports payments from 2,700+ banks across Europe and the UK. |
| Founded | LinkedIn lists the company as founded in 2020. | 2013 |
| Headquarters | Cyprus | Toronto, Canada |
| Security | Noda describes open banking payments as authorised through customers' banks using Strong Customer Authentication. | Salt Edge says it is ISO 27001 certified and PCI DSS compliant, and uses TLS encrypted channels, multiple encryption layers, and tokenisation. |
| What it does | Noda provides open-banking payments, payouts and financial-data services for online merchants. | Pay by bank enables account-to-account payments from customers’ bank accounts through open banking connectivity. |
Plans
Noda
- Open-banking transaction pricingPriced on request
- Transaction-based pricingPriced on request
In their own words
Noda
Noda is a paid open banking payment platform for businesses, available through an API and web-based tools. Customers can pay directly from bank accounts, while businesses can also offer cards, Apple Pay, and Google Pay. Noda lists plugins for WooCommerce, Magento, PrestaShop, and OpenCart, plus payment links and QR codes for accepting payments without coding. The platform connects to more than 2,000 UK and EU banks and states that it covers every UK bank. Open banking transaction fees start at 0.1%, with pricing tailored to business needs and no fixed plans listed. Noda says payments settle instantly or near-instantly. Bank authorisation uses Strong Customer Authentication, and customers must consent to financial-data sharing, with an option to withdraw consent. The pricing page lists 24/7 global technical support and a dedicated personal manager. Noda says the service does not support recurring subscriptions.
Salt Edge Payment Initiation
Salt Edge Payment Initiation enables account-to-account payments from bank accounts through open banking connectivity. One API integration supports payments from more than 2,700 banks across Europe and the UK. A customer selects a bank, reviews and consents to payment details, then authenticates and approves the transfer through that bank. Salt Edge says instant payments run 24/7 and usually finish within seconds. Listed uses include e-commerce, e-wallet top-ups, loan repayments, corporate payments, and travel settlements and refunds. Corporate workflows can use recurrent, scheduled, bulk, and batch payments, with standardized templates for bank and regional requirements. The API provides redirect-based bank authentication, payment webhooks, and refunds. Salt Edge describes TLS-encrypted channels, layered encryption, tokenisation, ISO 27001 certification, and PCI DSS compliance. It monitors systems and services and offers clients a 24/7 incident-reporting channel. The company was founded in 2013 and is headquartered in Toronto. Pricing is on request through sales or a demo.