How secure is Yolt Pay?
At Yolt, safeguarding your data is one of our core values.
We respect your privacy and personal information. Yolt has been designed to provide insights while also keeping your details and data private. Yolt is a venture of ING Bank and is subject to the same security and privacy standards applicable to a bank. ING (hence Yolt) is licensed by the Dutch National Bank (DNB).
Yolt Pay uses secure Open Banking APIs to initiate payments and transfers from your accounts. In order for a payment to be processed you’re directed to your banks online banking portal to confirm the payment initiation with your bank.
Here’s an overview of our main and licenses:
• We are a registered data controller (ICO Data Protection Register in the UK)
• We are a licensed Third Party Provider (Open Banking TPP) https://www.openbanking.org.uk...
• We are supervised by the European Central Bank through our mother company ING
• We use the most up-to-date encryption technologies