Token.io vs OpenPayd

Token.io and OpenPayd are both payments infrastructure providers focused on enabling fast, compliant money movement for businesses. Both support instant payments and instant fiat payouts, include fraud prevention, and operate under PSD2 with GDPR compliance. They are commonly used by businesses in sectors such as crypto, iGaming, financial services, and online marketplaces.

OpenPayd’s platform includes bank transfers, multi-currency accounts, virtual IBANs, and fiat and stablecoin settlement and payouts, with regional coverage across Europe and North America. In contrast, Token.io’s services are more aligned with open banking and payment initiation. Its platform supports instant and recurring payments, account information services, and connectivity to a large number of banks, with options for white-labelling and coverage across Europe.

Use OpenPayd if you

• Need multi-currency accounts or virtual IBANs

• Require fiat or stablecoin settlement and payouts

• Operate across both Europe and North America

Use Token.io if you

• Focus on open banking and payment initiation

• Need recurring payments or access to account data

• Require broad bank connectivity or white-labelled payments infrastructure