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Open Banking PSPTier-5

Brite

Open Banking PSP headquartered in UK. EU + UK. Open banking, Account linking, No chargebacks, Fast KYC

4.4(4.4/5 Trustpilot)
UK Visit website

Overview

Brite is a UK-based open banking payment service provider founded in 2020. The company provides account-to-account payments through open banking infrastructure, with a focus on fast KYC, no chargebacks, and same-day settlement for merchants across the EU and UK.

Brite's platform is built natively on PSD2 open banking regulations, enabling consumers to link their bank accounts and make payments directly without cards or e-wallets. The platform's no-chargeback model is particularly attractive to iGaming operators, as it eliminates the chargeback risk that plagues card-based payments.

The company provides gaming integrations and has positioned itself as a modern alternative to established open banking PSPs. Its PSD2-native architecture and same-day settlement capabilities make it competitive in the European open banking payment space.

Features & Capabilities

Open Banking Payments

Brite provides account-to-account payments through PSD2 open banking infrastructure, enabling consumers to pay directly from their bank accounts without cards or e-wallets. This reduces transaction costs and eliminates card network fees.

Account Linking

The platform's account linking capability allows consumers to connect their bank accounts once and make repeat payments without re-entering credentials. This reduces friction in the deposit flow for returning players.

No Chargebacks

Brite's open banking payments are irrevocable — transactions cannot be charged back. This eliminates the chargeback risk that is a major cost for iGaming operators using card-based payments.

Same-Day Settlement

Brite provides same-day settlement, allowing merchants to receive funds on the same day as transactions. This improves cash flow compared to traditional bank transfer settlement times.

Notable Features

Open banking, Account linking, No chargebacks, Fast KYC

Pros & Cons

Pros

  • PSD2-native open banking with no chargeback risk
  • Account linking for frictionless repeat payments
  • Same-day settlement improves merchant cash flow
  • Fast KYC reduces onboarding friction
  • Gaming integrations available for iGaming operators

Cons

  • Newer company (founded 2020) with shorter track record
  • Limited to EU and UK — not global
  • Open banking only — does not support cards or e-wallets
  • Requires players to have online banking access

Frequently Asked Questions

Key Facts

TypeOpen Banking PSP
TierTier-5
Founded2020
HeadquartersUK
CoverageEU + UK
Trustpilot4.4/5

Specialties

Bank TransfersAccount VerificationOpen Banking

Integration Depth

PSD2-native, Same-day settlement

Gaming Platforms

Gaming integrations available

Visit Brite