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APIs · head to head

Thredd vs Yapily

Thredd logo

Thredd

APIs

Issuer processing platform for fintechs and digital banks, formerly Global Processing Services

From
On request
Rated
-
Full reviewWebsite
Yapily logo

Yapily

APIs

Open banking API infrastructure for account data and pay-by-bank payments across Europe

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Yapily has a free tier, so it costs nothing to try first.
  • Each has a real cost: Thredd pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.; Yapily production pricing itself is not published; only the resulting typical merchant transaction cost is publicly known, so the underlying platform fee still requires a sales conversation.
  • They diverge on capability: Thredd covers Issuer processing, Yapily covers Unified open banking API.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Thredd and Yapily actually diverge.

Attributes where Thredd and Yapily differ
AttributeThreddYapily
Starting priceOn requestFree
Pricing modelquoteFree sandbox, pay-as-you-go production
Free tierNoYes

Identical on both: platforms (Web, API), user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Thredd

  • Issuer processing
  • Multi-country reach
  • Scheme certification
  • Programme support across verticals
  • High platform availability
  • Global office footprint

Only in Yapily

  • Unified open banking API
  • Account information access
  • Payment initiation
  • Free sandbox
  • Multi-country bank coverage
  • Webhooks and reconciliation tooling

What people use each for

The jobs each tool is most often brought in to do.

Thredd

  • A digital bank or fintech needing issuer processing across many countries under one contractnot Yapily
  • A BNPL, lending or crypto product needing certified card processing behind its own brandnot Yapily
  • A company that finds outdated Global Processing Services (GPS) material and needs to confirm it is now Threddnot Yapily
  • An embedded finance platform wanting a processor already integrated with core banking systems such as Mambunot Yapily

Yapily

  • A merchant wanting a lower-cost payment method alongside card acceptancenot Thredd
  • A lending or budgeting product needing bank account data for affordability checksnot Thredd
  • A business wanting one API instead of separate integrations to each bank's own open banking standardnot Thredd
  • A company prototyping open banking features for free in sandbox before committing budgetnot Thredd

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Thredd

  • Pricing is entirely unpublished, so cost comparison against competing processors requires a sales process.
  • The 2023 rebrand from GPS to Thredd means research under either name alone can miss relevant material, and partner or press references before 2023 will still say GPS.
  • Issuer processing does not include the banking licence itself, so a fintech still needs a separate BIN sponsor or bank partner, adding a second relationship to manage.
  • As shared infrastructure behind many fintech brands, an outage or processing delay at Thredd becomes a simultaneous incident for every programme running on it, with limited visibility for any single customer into root cause.
  • Its verticals span crypto, BNPL and remittance broadly, so depth of specialist support in any one vertical may be thinner than a processor focused narrowly on that niche.

Yapily

  • Production pricing itself is not published; only the resulting typical merchant transaction cost is publicly known, so the underlying platform fee still requires a sales conversation.
  • Consumer adoption of pay-by-bank still lags card payments, so merchants offering it as a checkout option typically see it used as a secondary rather than primary payment method.
  • Coverage depends on the banks in each country maintaining reliable open banking APIs, and inconsistent bank-side reliability across markets is a known category-wide weakness, not unique to Yapily but not solved by it either.
  • As infrastructure for both account data and payments, a company only needing one of those two capabilities is still evaluating a broader platform than it may need.
  • Regulatory dependence on PSD2 and UK open banking rules means the underlying legal framework, not just Yapily's product, could shift and affect what is possible on the platform.

Pricing, plan by plan

Thredd

On request
  • Thredd$undefined/year
    • Volume and programme-based pricing, not published
    • Custom quote required via sales

Yapily

Free
  • SandboxFree
    • Free testing environment
    • UK and European bank connections for development
  • Production$undefined/month
    • Pay-as-you-go pricing, exact rates not published
    • Typical pay-by-bank cost of 0.1 to 0.5% or a flat 5 to 30 pence per transaction

Which should you pick?

Choose Thredd if

  • You need issuer processing.
  • You work on Web, API.
  • You also want multi-country reach.
Thredd review

Choose Yapily if

  • You need unified open banking api.
  • You want to start without paying.
  • You work on Web, API.
  • You also want account information access.
Yapily review

Questions people ask

Is Thredd or Yapily better?
Neither clearly leads. Thredd starts at On request and Yapily at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Thredd or Yapily?
Yapily has a free tier; the other does not. Paid plans start at On request for Thredd and Free for Yapily.
Does Thredd or Yapily run on more platforms?
Both run on Web, API, so platform support will not decide this one for you.
Can I use Yapily for free?
Yes. Yapily has a free tier, so you can try it without paying. Thredd starts at On request.
What is Thredd best used for?
Thredd is most often used for a digital bank or fintech needing issuer processing across many countries under one contract, a bnpl, lending or crypto product needing certified card processing behind its own brand, a company that finds outdated global processing services (gps) material and needs to confirm it is now thredd, an embedded finance platform wanting a processor already integrated with core banking systems such as mambu. Of those, a digital bank or fintech needing issuer processing across many countries under one contract and a bnpl, lending or crypto product needing certified card processing behind its own brand are not what Yapily is typically brought in for.
What can Thredd do that Yapily cannot?
Thredd covers Issuer processing, Multi-country reach, Scheme certification, Programme support across verticals. Yapily covers Unified open banking API, Account information access, Payment initiation, Free sandbox.

Answered from the vendors’ own pages

Thredd: Is Thredd the same company as Global Processing Services?

Yes, GPS rebranded as Thredd in 2023; it is the same company and platform.

Yapily: Is there a free way to try it?

Yes, sandbox access is free for development and testing.

Thredd: Does it hold the banking licence for programmes it processes?

No, Thredd is the issuer processor; a separate bank or BIN sponsor holds the actual issuing licence.

Yapily: How much cheaper is pay-by-bank than card payments?

Typically 0.1 to 0.5% of transaction value, or a flat 5 to 30 pence, against 1.5 to 3.5% for card scheme fees.

Thredd: Is pricing published?

No, it requires a sales conversation.

Yapily: Is production pricing published?

No, production access is pay-as-you-go but exact rates require a sales conversation.

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