Brite Payments is a payment platform built on direct bank payments. It offers three products: Instant Payments, which lets customers pay directly from their bank account; Instant Payouts, which lets businesses pay out money instantly; and Data Solutions, a set of payment-data services for risk and onboarding challenges. Merchants integrate through an API with SDKs and technical documentation, and checkout guidelines are provided. Brite is a hosted service for merchants and businesses.
The operating company, Brite AB, is a licensed payment institution in Sweden and, upon notification, may provide payment services across the EU and EEA. Brite's website names no parent company and does not state where data is hosted. The platform is proprietary: there is no open-source version and no self-hosting option. For a European organisation this means a Swedish, licensed payment provider; for data residency, ask for the processing locations in the data processing agreement.