Is banklinq safe to use?

banklinq on 2021-07-24

banklinq uses Open Banking, which is the practice of sharing financial information electronically, securely, and only under conditions that consumers approve of. It puts you in control of your own financial data — you can choose if you want to share it with providers outside of your bank, resulting in a better, personalized experience.

banklinq operates under European Payments licenses issued by the Bank of Lithuania — Electronic Money Institution (EMI), Payment Initiation Service Provider (PISP), and Account Information Service Provider (AISP) which ensure the highest level of security when managing payment transactions.