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Darren Warren
Darren Warren

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Product update—Open Banking, new acquirers, PayPal upgrades & more

This Solidgate product update introduces a wide range of enhancements designed to improve payment performance, subscription management, and risk control. Key highlights include the launch of Open Banking for real-time bank payments across Europe, offering faster settlements and lower fees, and the addition of new acquirers to expand European coverage.

The update also delivers major PayPal improvements, such as smart routing between sub-accounts, customizable soft-descriptors, and pre-chargeback alerts to reduce disputes. Subscription tools have been upgraded with bulk coupon creation, flexible pause and restore options, and better safeguards against double charges, giving merchants more control and operational efficiency.

Further enhancements include more accurate fraud alerts, improved settlement handling, richer financial reporting with legal entity visibility, and the transition to a faster, more powerful HUB interface. Together, these updates help merchants optimize conversions, reduce risk, and scale more effectively across European and global markets.

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