BTC Direct, one of Europe’s leading cryptocurrency brokers, has selected IBANXS as its Open Banking partner to power Pay by Bank payments across its platform.
By integrating the Payment Initiation Services (PIS) of IBANXS, BTC Direct enables customers to make fast, secure and seamless account-to-account payments directly from their trusted banking environment. As Open Banking continues to reshape the European payments landscape, the partnership gives BTC Direct access to a scalable payment infrastructure connecting more than 2,500 banks across Europe.
Customers benefit from a familiar banking experience, while payments are processed directly between bank accounts. Where supported by participating banks, Instant Payments enable funds to be transferred and received in real time.
Bas Peters, CTO of BTC Direct, commented: “Our mission is to make buying and selling cryptocurrency as simple and secure as possible. That requires payment infrastructure that is reliable, scalable and delivers an excellent user experience. IBANXS impressed us with both its technology and its team. Their expertise and responsiveness made them the right partner to support our Open Banking ambitions.”
For IBANXS, the partnership demonstrates the growing adoption of Open Banking within the digital assets sector. As Pay by Bank continues to gain traction across Europe, more fintechs and crypto platforms are looking for payment solutions that combine speed, security, regulatory compliance and a seamless customer experience.
Edy Bruinooge, Chief Commercial Officer of IBANXS, added: “BTC Direct has built an outstanding reputation as one of Europe’s most trusted cryptocurrency platforms. We are incredibly proud to support their continued growth with our Open Banking infrastructure. By connecting to more than 2,500 European banks through our PSD2-licensed platform, we enable innovative financial companies to offer a payment experience that is trusted by consumers, fast to execute and fully integrated into their own customer journey.”
IBANXS is licensed by the Dutch Central Bank (DNB) under PSD2, with passporting rights across Europe, enabling businesses to offer secure Pay by Bank services without requiring additional payment licences.
The partnership further strengthens the position of both companies in the European fintech ecosystem and reflects their shared commitment to innovation, customer experience and secure digital payments.