Resumen
Brite Payments is an instant bank-payment network from Sweden, headquartered in Stockholm and operating since 2019. It is described as a second-generation instant A2A payments and instant payouts network with its own clearing. The operator is Brite AB.
Services
- Brite Instant Payments, accepting payments by bank transfer;
- Brite Instant Payouts;
- single-click bank authentication;
- Smart FX and reconciliation tools;
- integration through an API for platforms with in-house development, or plugins that connect without coding.
Industries
Target verticals are iGaming, e-commerce, travel, financial services and crypto.
Settlement
Settlement is T+0: revenue reaches the merchant on the day of the transaction. For businesses with fast cash cycles this removes the need to hold a liquidity buffer while waiting for payouts.
Coverage
The service works in 25 European countries, including Sweden, Norway, Finland and Denmark, Germany, Austria, the Netherlands and Belgium, France, Spain, Italy and Portugal, and the Baltic states. The full list also covers Ireland, Switzerland, Greece, Cyprus, Malta and several Central European countries.
Pricing
The commercial model is a per-transaction fee or an enterprise contract. Exact fees are not published. The company says it was founded by former senior managers of Trustly and Klarna.
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