Tink and Chip announce open banking partnership

Tink, A Visa Solution, and Chip, the award-winning wealth app, have today announced a partnership which will see Tink provide its Payment Initiation Services (PIS) to Chip customers.

Tink is working with Chip to provide seamless and secure open banking-powered money transfers for users topping up their account.

Alex Latham, Chip Co-Founder, said: “It’s brilliant to partner with Tink, whose open banking solutions provide a fast and secure option for our users adding money to their savings on the Chip app.

“We’re looking forward to working with the Tink team to promote these payment options, with a few more exciting updates coming soon.”

Tink’s Head of Payments, Ian Morrin, added: “Chip have been on a tremendous growth journey in recent years, and we’re delighted to become part of their success story by bringing more payment options to their user base.”