Payment Initiation Service (PIS)

by Enable Banking · Payments · Espoo, Finland

PSD2-compliant payment initiation infrastructure supporting licensed Payment Initiation Service Providers.

What Payment Initiation Service (PIS) does

• Payment initiation across 2,700+ banks
• Bulk SEPA payment support
• Domestic payment support
• Standing orders with custom execution schedules
• Country-specific payment methods
• PSD2 Strong Customer Authentication
• Bank-level authentication

What Payment Initiation Service (PIS) is used for

• SEPA payment initiation
• Standing order management
• Domestic payment processing
• Country-specific payment methods like Swedish BankGiro

Who Payment Initiation Service (PIS) is for

• Licensed Payment Initiation Service Providers

About Enable Banking

PSD2 API connecting to 2,700+ European banks for open banking data and payment initiation.

Enable Banking in the vendor registry: its products, features and similar vendors.

Also by Enable Banking

• Enable Banking Accounts API: PSD2-compliant API providing real-time account information and transaction history from 2,700+ banks across 30 European countries.
• Enable Banking API: Unified PSD2 API for account information and payments
• TPP Infrastructure as a Service: Managed PSD2 infrastructure for licensed TPPs

More in this category: Payments software and infrastructure.

Weighing up Payment Initiation Service (PIS)? Create a free procurement account to run the question as a procurement: Enable Banking and the alternatives answer your requirements side by side, on the same terms.

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Built by Vederca from public sources, last updated 2026-10-18.