#Payment Service Provider

Tink is a Swedish technology company that specializes in open banking solutions, providing a platform for businesses to connect their financial services to banks and institutions. Their platform enables developers and companies to access and analyze real-time financial data, driving innovation in the financial services sector.

Payment methods N/A

Market coverage N/A
  • Sweden

Tink is a Swedish technology company specializing in open banking solutions. Founded in 2012, Tink provides a platform that enables businesses to connect their financial services to banks and financial institutions. Its goal is to facilitate access to financial data and drive innovation in the financial services sector.

The Tink platform offers a range of tools and APIs (Application Programming Interfaces) that allow developers and businesses to access real-time financial data, aggregate it, and analyze it. This enables companies to create innovative applications and services based on users’ financial information, such as personal finance management, financial product comparisons, investment services, and more.

Tink is recognized as one of the leading players in open banking in Europe. The company works closely with banks and financial institutions and operates in several European countries, including Germany, where it offers Financial Tinkering Suite (FTS) solutions to businesses.

Tink's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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