Yaspa Alternatives: A Complete Guide for Merchants

Please note that the information about the companies in this article was sourced from their respective websites as of June 2025. This information may be subject to change.

The world is moving towards frictionless payments and less complexity. This is true for both customers and businesses. Yaspa is a relatively new open banking provider. With Yaspa funding secured at £5.6 million in 2022, the company has focused on scaling its presence in industries like iGaming and crypto and other industries.

According to their claims, one of the merchants observed that 30% of their customers paid with Yaspa over Stripe and PayPal. However, like any payment solution, Yaspa may not be the right fit for everyone, especially if you're prioritising factors like platform maturity, feature set or long-term scalability.

If you're specifically looking for a payment gateway with instant settlement that matches your business model and growth plans, several of these Yaspa alternatives are worth a close look.

What is Yaspa & What Makes it Unique?

Yaspa is a frictionless payment processing platform that provides instant, easy, and speedy payments without needing cards, codes or apps. This platform became popular due to easy access to direct A2A (account-to-account) payments.

Customers can make payments simply by clicking a button, scanning a QR code, or following a link. These transactions can be done without needing any physical or digital medium like a card or an app, improving both user experience and lowering payment processing costs for the merchant.

How Does Yaspa Work?

Yaspa enables merchants to accept cardless, account-to-account (A2A) payments through an open-banking system. When a customer chooses to pay, they’re securely redirected to their bank’s interface to authenticate the transaction. Once approved, the funds are transferred in real time—eliminating intermediaries like card networks and acquirers and effectively functioning as an instant settlement payment gateway.

Pros & Cons of Yaspa

Best Yaspa Alternatives in 2025 (A Complete Comparison)

Noda

Noda is a powerful open banking alternative to Yaspa, built for businesses that want cost-effective, fast and secure payments with broad international coverage. Operating in the UK, EU, Brazil, and Canada, Noda enables merchants to accept instant bank payments, send payouts, and even offer card and wallet options – all through a single platform.

It’s especially suitable for eCommerce, digital goods, gaming, and marketplaces, with integration flexibility that suits both developers and non-technical teams.

Here are some of the key advantages of using Noda:

• Open Banking: Accept instant bank payments and send payouts across multiple regions with minimal transaction costs.
• Bank Support: Connect to over 2,000 banks across 28 countries, including major institutions across the UK, EU, Brazil, and Canada.
• Cards & Wallets: Combine open banking with additional payments methods like cards, Apple Pay and Google Pay.
• Easy Onboarding & Integration: The setup process is simple, with fully assisted onboarding and an API key available on Noda’s management hub. Plugins for popular e-commerce platforms are available as well.
• No-code payment solutions: Easily create payment links, QR codes, and branded payment pages – perfect for businesses that want to start accepting payments without needing a full website or custom integration.
• Pay & Go: A feature that combines identity verification with the first deposit, increasing conversions, speed and user experience.

What Makes it a Great Yaspa Alternative?

Noda is ideal for merchants who want more flexibility, global reach, and eCommerce-friendly tools than Yaspa currently provides. While Yaspa is strong in specific verticals like iGaming and crypto, Noda is better suited for a broader range of industries, including small businesses, and offers more integration options and no-code payment tools to help you launch quickly.

Zimpler

Zimpler is a Sweden-based open banking provider, licensed and supervised by Finansinspektionen (the Swedish Financial Supervisory Authority). It has carved out a strong presence in iGaming and investment platforms verticals. Zimpler currently operates in Northern Europe – Sweden, Finland, Denmark and Estonia, and is expanding rapidly into Brazil, the largest Latin America’s regulated gaming market.

Zimpler supports instant payouts to individuals and businesses, and offers tools for combining identity verification with initial deposit. In Sweden, it also supports Swish, the widely used mobile payment system.

Some of Zimpler's key features include:

• Open Banking Payments: Real-time A2A transfers via bank authentication.
• Focus on High-Risk Verticals: Especially suited for iGaming and investments.
• Payins & Verification: Offers both deposit flows and built-in verification tools.
• Integration: only via API, plugins unavailable.
• Third-Party Access: Can be integrated via payment platforms like Nuvei, Payabl, and some others.

What Makes it a Great Yaspa Alternative?

Zimpler is a strong Yaspa alternative for businesses in iGaming, investments, or those with operations in Northern Europe or Brazil, especially if you're looking for verified payout flows and secure onboarding. While Yaspa focuses on instant settlements, Zimpler brings an edge with its built-in verification tools, payout infrastructure, and partnership-based integrations, making it a strong contender for platforms needing deeper financial compliance or regional coverage.

TrueLayer

TrueLayer, headquartered in London, is one of the more advanced open banking providers in operating across the UK and EU, with the UK, Ireland, France, Germany, Spain, the Netherlands and Lithuania being the strongest markets. Focused on open banking payments, it serves both fintech payment providers and merchants directly, powering digital payments across industries like crypto, iGaming, eCommerce, SaaS, and travel.

Aside from one-off payments, TrueLayer offers a combination of direct debit and variable recurring payments (VRP), enabling businesses to accept recurring payments. For high-risk industries, TrueLayer supports KYC and identity verification workflows.

Key features include:

• Bank Payments & Payouts: A2A payments through open banking
• Recurring Payments: Direct Debit + VRP support for subscriptions and billing cycles.
• Identity Verification: KYC tools built-in for high-risk verticals
• User incentives: Marketing tools that drive conversion through embedded rewards/cashback.
• Integration: mainly API, however plugins for 3 ecommerce platforms available (UK only): Woocommerce, Magento, Shopify

What Makes it a Great Yaspa Alternative?

TrueLayer stands out as a Yaspa alternative for businesses looking to integrate more advanced and recurring payment features or incentivised conversion strategies. Its robust infrastructure and ability to support both direct merchants and platforms make it ideal for scalable, compliance-heavy applications. For companies needing VRP, direct debit, and KYC in one place, TrueLayer provides flexibility and depth that Yaspa doesn’t currently offer.

Volt

Volt is a real-time payments platform headquartered in London, with a growing international presence. It provides open banking-based payment services across the EU, Brazil, and Australia. Volt is particularly popular in industries such as gaming, wealthtech, crypto, retail and travel.

Volt not only enables A2A payments but also offers identity and transaction verification tools, ensuring a secure and compliant user experience – especially important for high-risk or regulated sectors.

Here are some of the features that you get with Volt:

• Open Banking Coverage: Available in the EU, Brazil, and Australia, with local integrations.
• Multi-Industry Focus: Designed for a wider range of industries than Yaspa.
• Transformer Feature: Helps convert more card payments into bank payments. Detects the customer’s bank from the first few digits of their debit or credit card, then prompts them to switch to Pay by Bank.
• Integration Options: Available via API, with direct plugins for Shopify and Shopware with some other plugin support available through some third-party PSP partners.

What Makes it a Great Yaspa Alternative?

While both Yaspa and Volt offer great features, Volt is working on a bigger scale than Yaspa. It is a respectable solution for merchants who have a lot of international transactions.  However, Volt’s infrastructure and positioning suggest it may be better suited to larger or more established businesses, and might not be the most small-business-friendly option.

What Yaspa Alternative is the Best?

Yaspa has carved out a niche with instant, cardless payments—particularly in iGaming, crypto, and high-risk sectors. But for many merchants, it may fall short when it comes to broader industry support, easy integration, or geographic reach.

If you’re finding Yaspa too limited in flexibility, coverage or features for your business needs, switching to a more versatile alternative could unlock better conversion rates and lower costs. Noda stands out by offering not just open banking, but also card and wallet support, payouts, no-code payment tools and extensive bank coverage across the UK, EU, Brazil, and Canada.

Whether you're in eCommerce, digital goods, or fast-paced user onboarding environments, Noda delivers the reliability and adaptability Yaspa may be missing.

Choosing the right payment partner is a big decision. We’re happy to walk you through what Noda can offer and whether it aligns with your goals – get in touch for a quick, no-obligation chat.