Volt Open Banking Alternatives to Look For in 2025 for UK Businesses!

Looking for a Volt Open Banking alternative that’s faster to deploy, easier to manage, or better aligned with your business model?

Volt is a well-recognised platform in the Open Banking space, known for enabling real-time account-to-account (A2A) payments across the UK, Europe, Brazil, and Australia. It offers advanced features like Volt Transformer for converting card payments into bank transfers and Circuit Breaker for fraud prevention, catering largely to high-volume enterprises and international merchants.

However, Volt may not suit every business. From pricing complexity and plugin limitations to development-heavy onboarding, there are several reasons companies, especially small and mid-sized businesses, seek a Volt alternative that better supports faster setup, lower operational overhead, or simpler integration paths.

In this guide, we cover four Open Banking payment platforms that can serve as practical alternatives to Volt, each offering a unique combination of features tailored to different industries and business stages.

What to Look for in a Volt Alternative

Before choosing a replacement, it’s worth clarifying what your business needs that Volt might not currently offer. Here are five key criteria to consider when evaluating any Volt Open Banking alternative:

Feature	Why It Matters
Real-Time A2A Payments	Ensures funds move instantly without card networks or intermediaries.
Plugin & Integration Support	Essential for reducing development effort and launching faster.
Transparent, Flexible Pricing	Volt’s model may not suit businesses with variable volumes or tighter margins.
Strong UK and EU Bank Coverage	Consistent access to customer accounts across regulated markets is critical.
Customisation or White-Label Options	Helpful for platforms embedding payments or building branded user journeys.

Finexer

Best For

UK platforms, financial service providers, and product teams that want real-time Open Banking payments without long integration cycles or expensive enterprise pricing.

Purpose-Built Features

• Instant Pay by Bank transactions with QR code and payment link support
• Batch payments, refunds, and mandate setup via API
• 99% UK bank coverage through FCA-authorised infrastructure
• White-labelled APIs with branded UX flows
• Usage-based pricing with no fixed monthly fees

Where It Stands Out

• 3–5 weeks of hands-on assistance during setup and launch
• Fully white-labelled solution with your own branding
• Saves up to 90% on transaction costs by bypassing card networks
• Developer-first experience with clean documentation and sandbox access
• Built specifically for the UK, with regulatory support included

Example Use Case

Finexer is a standout Volt Open Banking alternative for UK accounting firms, payroll providers, SaaS platforms, or claims handlers who need to collect, send, or reconcile payments quickly, with full control over the payment journey and without overcommitting on infrastructure or price.

Why Finexer Is a Strong Volt Alternative

Unlike platforms designed for global enterprises, Finexer is purpose-built for the UK market, designed to help businesses launch compliant, real-time bank payments in days, not months. With faster onboarding, white-labelled flexibility, and cost-saving features, Finexer offers a high-impact, low-friction alternative to Volt that meets the speed and control that today’s platforms demand.

Brite Payments

Best For

Businesses in the Nordics and Germany looking for fast settlement, simplified UX, and a strong presence in regulated markets.

Key Features

• Real-time account-to-account (A2A) payments with full settlement, not just initiation
• “One-Click” checkout for returning users to reduce friction
• Instant refund and payout infrastructure
• Licensed in Sweden, operating across multiple European countries

Pros

• Extremely fast settlement speed across supported banks
• Optimised payment flows for higher customer conversion
• No third-party redirects or wallet requirements

Limitations

• Coverage remains focused on select European markets
• Plugin support is limited to direct merchant integrations

Example Use Case

Brite is a strong Volt Open Banking alternative for platforms operating in Sweden, Finland, the Netherlands, and Germany that need a reliable Pay by Bank solution with fast confirmation and low cart abandonment. It’s particularly well-suited to industries like retail, digital goods, and gaming where payment speed and repeat-user flows are critical.

Why It’s a Solid Volt Alternative

While Volt offers multi-region support and enterprise orchestration tools, Brite stands out for its ultra-fast clearing and UX-first approach in local markets. For businesses focused on Northern and Central Europe that don’t need complex infrastructure, Brite delivers a more focused and often faster alternative to Volt.

Token.io

Best For

Regulated platforms and developers are building custom Open Banking payment experiences across the UK and EU.

Standout Features

• Unified Open Banking API supporting both payments (PIS) and data access (AIS)
• Direct access to 2,000+ banks across Europe
• Built-in support for SCA (Strong Customer Authentication)
• Enterprise-grade compliance framework with ISO 27001 certification

Strengths

• Suitable for businesses building white-labelled or embedded payment journeys
• Extensive developer documentation and sandbox access
• Scalable infrastructure trusted by banks and regulated financial services

Trade-Offs

• Integration requires engineering resources; it’s not ideal for no-code teams
• No plug-and-play checkout or hosted payment pages for non-technical users

Example Use Case

Token.io is a compelling Volt alternative for fintech developers or SaaS providers looking to integrate Open Banking payments and account access into their own platforms. It’s particularly effective in sectors that demand high levels of compliance, such as lending, insurance, or investment platforms.

Why It’s a Volt Open Banking Alternative to Consider

Unlike Volt, which includes pre-built orchestration and fraud tools out of the box, Token.io focuses on giving businesses total control over their Open Banking flows. If you’re building a regulated app or financial platform that needs to embed payments natively, Token.io offers flexibility and coverage without locking you into a rigid structure.

Trustly

Best For

Large-scale platforms and marketplaces that require embedded account-to-account payments across multiple continents.

Core Capabilities

• Supports instant Pay by Bank transfers, refunds, and payouts in the UK, EU, and North America
• Enables fully embedded payments without redirecting users
• Offers built-in KYC tools and onboarding flows for end-user verification
• Operates under multiple payment licenses in Europe and the US

Benefits

• Broad international coverage for global merchants
• Direct integration with major banks across 30+ countries
• End-to-end payment and identity infrastructure in a single platform

Drawbacks

• Complex fee structure that may not suit SMEs or smaller merchants
• Requires high transaction volumes for commercial viability

Example Use Case

Trustly is a suitable Volt alternative for enterprise retailers, travel platforms, or gaming companies operating across multiple countries. If your business requires a single payment solution for collecting funds, verifying users, and issuing payouts, without relying on card networks, Trustly delivers the scale and infrastructure to support that.

Why It’s a Viable Alternative to Volt

While Volt also supports real-time payments and serves high-growth sectors like gaming and crypto, Trustly offers broader geographic reach and native tools for user verification. For platforms needing a more vertically integrated approach across onboarding, compliance, and settlement, Trustly may provide stronger long-term infrastructure than Volt.

Comparing Volt Open Banking Alternatives

Feature / Provider	Volt	Finexer	Brite	Token.io	Trustly
Primary Focus	Real-time A2A with orchestration	UK-first, developer-led A2A payments for SMEs	UX-driven, fast settlement across Nordic markets	Regulated Open Banking infrastructure	Enterprise scale embedded payments
Geographic Coverage	UK, EU, Brazil, Australia	UK-only (99% bank coverage)	Sweden, Finland, Germany, Netherlands	UK + EU (2,000+ banks)	UK, EU, US
Pricing Model	Enterprise, custom quote	No setup/cancellation fee; usage-based only	Transaction + optional subscription	Usage-based (volume-driven), contact for quotes	~1.5% per transaction (min €0.80); no setup/monthly fee
White-Label Options	No	Yes	No	Yes	Partial via partners
Pay by Bank (A2A)	Yes	Yes	Yes	Yes	Yes
QR Codes / Payment Links	Yes	Yes	No	No	Via partners
Ideal For	Global, enterprise merchants	UK fintechs, SaaS, accountants, payroll providers	Nordic merchants, UX-focused retailers	Regulated platforms, compliance-first tools	Marketplaces, global-scale merchants

Finding a Volt Alternative That Fits

Volt may offer a wide-reaching Open Banking solution, but that doesn’t mean it’s the right fit for every business. Whether you’re facing integration delays, pricing complexity, or limited plugin options, there are viable alternatives available, each catering to different priorities.

• Brite works well for Nordic businesses that value user-friendly, fast settlement flows
• Finexer stands out for UK platforms that need to move quickly, minimise costs, and retain full control
• Token.io suits regulated platforms needing full API control and compliance-ready infrastructure
• Trustly is built for marketplaces and global merchants handling large-scale disbursements

If you’re building in the UK and want a Volt alternative that offers usage-based pricing, developer-first APIs, and full bank coverage without the overhead, Finexer is the practical choice.