Volt

At the checkout, the Volt badge appears next to the pay by bank option of the merchant. The customer chooses a bank, lands in the banking app and confirms a payment that arrives there with all details prefilled. Card numbers and bank account details are neither entered nor stored by Volt at this step, because the customer authenticates only at the bank. Volt starts the transfer through open banking as a payment initiation service, and the money then moves from the account of the customer to the account of the merchant.

Volt keeps more than one API connection to many banks and sends each payment through the strongest connection available at that moment. Circuit Breaker, the fraud tool built into the Volt checkout, scores every transaction and can block a payer by device fingerprint, email address, bank or IP address. Each merchant sets its own risk rules and so decides how strictly the tool trades fraud protection against approval rates.

Volt reports 2,500 connected banks in 31 territories, with access to 618 million bank accounts. Germany, Austria and the other euro countries are reached over SEPA Instant, while Volt also uses national schemes such as Express Elixir in Poland, Straksclearing in Denmark and RIX in Sweden. In the UK the payments run over Faster Payments, and Volt handles twelve currencies, from the euro, pound and zloty to the Brazilian real and the Australian dollar.

In Brazil, Volt connects merchants to Pix, the instant payment system that the Central Bank of Brazil launched in 2020. The customer scans a QR code or pastes a Pix code into the banking app, and Volt acts as merchant of record, so a foreign merchant needs no Brazilian company of its own. Volt converts the reais into the currency of the merchant and pays them out once a week to its local bank account. Chalinga, a Brazilian online travel agency, raised the share of Pix at its checkout to 35 percent after switching on Volt.

Merchants send full or partial refunds straight to the bank account of the customer, either in Fuzebox, the Volt customer portal, or through the API. Payouts use the same instant schemes in the other direction, for example when a wealthtech platform pays out a withdrawal or a marketplace pays its sellers. Mitrade, a multi-asset trading platform licensed in the EU by CySEC, is preparing closed-loop payouts with Volt that return money only to the bank account that funded the trading account.

Since 5 February 2026, merchants in the UK and the EU can keep their funds in Volt Accounts, payment accounts in euros or pounds that receive pay by bank payments and send refunds in real time. Named Accounts give each store of a marketplace or each seller an account of its own, and virtual IBANs point to a Volt Account so that every incoming transfer can be matched to one end customer. The UK clearing bank ClearBank supplies the banking infrastructure behind these accounts, as both companies announced in January 2026.

Volt Technologies Limited is authorized by the Financial Conduct Authority as an electronic money institution under firm reference number 982594. A second UK company, Volt Technologies Holdings Limited, holds an FCA authorization as a payment institution under firm reference number 925340. For the European Economic Area, Volt Technologies sp. z o.o. holds a license as a national payment institution from the Polish Financial Supervision Authority (KNF), registered under number 635816.

In Australia, Volt Connect Pty Ltd received an Australian Financial Services Licence from the Australian Securities and Investments Commission on 29 September 2026, with license number 700107. The license covers account-to-account pay-ins and payouts on the New Payments Platform for retail and wholesale clients, and Volt Connect is also registered with AUSTRAC. Since February 2026, Volt has also been an NPP Identified Institution, which lets the company offer PayTo and PayID through its sponsoring participant, Banking Circle Australia.

Many merchants reach Volt through the payment service provider that already handles their cards. Volt names Worldpay among the payment companies that work with it, alongside Worldline, Primer, Solidgate and AsiaBill, and Primer merchants can switch on Volt in the Primer Dashboard without new code. SysPay, a payment gateway in Malta for hotels, travel and e-commerce, added Volt pay by bank in June 2026 for its merchants in Europe and the UK. Farfetch and the games marketplace Kinguin use Volt at their checkouts, as do City Beach, 99 Bikes and the trading platform Pepperstone in Australia.

In December 2025, Volt began working with BVNK to accept stablecoin payments at the checkout, in a partnership that starts with pay-ins. Since February 2026, shoppers can choose Pay by Crypto Wallet next to Pay by Bank and pay in USDC or EURC, and the merchant receives the amount converted into fiat money. Volt plans to let merchants receive the same stablecoin that the shopper paid with, without a conversion into fiat.

Volt Payments is the payments company Volt, which runs real-time bank payments for merchants and payment providers from London and has offices in Warsaw, Kraków and Sydney. Steffen Vollert, co-founder and CEO, leads the company, which raised $23.5 million in a Series A in June 2021 and $60 million in a Series B in June 2023.

The customer approves every Volt payment inside the app of their own bank, and Volt does not access the banking credentials unless the customer asks Volt to remember the bank. Volt is supervised by the FCA in the UK, by the KNF in Poland and by ASIC in Australia, and Circuit Breaker checks each payment for signs of fraud before it goes through.

Volt Technologies Limited and Volt Technologies Holdings Limited are the two companies in the UK that the FCA regulates. Volt Technologies sp. z o.o. in Poland holds the license for the European Economic Area, and Volt Connect Pty Ltd in Sydney holds the Australian license from ASIC.

In Australia, Volt collects payments through PayTo, where the customer approves an agreement in the banking app for a one-off, repeat or recurring payment, including amounts that change with usage. PayID aliases give each customer or invoice its own payment address, and instant payouts and refunds reach a BSB and account number or a PayID around the clock. Pepperstone, which serves more than 830,000 clients, uses Volt for PayID top-ups and instant withdrawals of its Australian clients.

Developers find the API reference and integration guides in the Volt developer documentation, which covers pay-ins, refunds, payouts and accounts. A merchant can build its own payment screens on the API, use the hosted checkout of Volt or send payment links and QR codes. Merchants that already use Volt in the UK or the EU can add Australia through the same Global API.