Payments
3 min read
Nov 27, 2025
How to Find the Perfect Open Banking Provider
An RFP Guide for Crypto Businesses
Navigate the Open Banking landscape with confidence. This guide shows you how to compare providers effectively, understand key differences, and make smarter payment decisions.
A reliable Open Banking partner is the backbone of your customer experience, shaping user trust, conversion, and long-term retention.
As Open Banking continues to gain global traction as a preferred payment method, instant payments offer the speed, cost efficiency and fraud protection needed to deliver a smooth funding experience.
However, with more providers entering the space and offering different levels of coverage, performance and regulatory maturity, navigating the Open Banking landscape is becoming increasingly challenging. A structured RFP helps crypto businesses evaluate their options with confidence and choose a partner that truly fits their needs.
This guide walks you through the key components of an RFP process tailored to crypto use cases, enabling you to navigate complexity, ask the right questions, and ultimately select the payment provider that best supports your growth.
Who This
Guide Is For
This guide is designed for crypto businesses looking to integrate Open Banking solutions into their platforms. It is particularly useful for teams preparing to evaluate payment providers in a structured way. Whether you're entering the Open Banking space for the first time or reassessing your current setup, this guide helps you navigate a rapidly evolving payments landscape with clarity.
UNDERSTAND WHAT MATTERS:
Learn which criteria truly matter when evaluating Open Banking providers – from coverage and reliability to integration quality and compliance readiness.
ASK THE RIGHT QUESTIONS:
Discover the key questions that uncover a provider’s strengths, limitations, and suitability for your business’s long-term strategy.
MAKE BETTER DECISIONS:
Use a clear, practical RFP structure that helps you consistently compare providers and select the one that aligns with your product and growth plans.
