The fintech company Paysera has integrated the German neobank N26 into its payment gateway. From now on, buyers can pay via N26 in almost 10 thousand e-shops which support payment initiation from the buyer’s account – an Open-Banking-based payment method.
Paysera announced a new feature for the merchants that use the Paysera payment initiation service to process online payments in their e-shops: „from now on your buyers will be able to pay via N26,” the company says. This comes only a couple of months after Paysera finished integration with another popular fintech – Revolut.
In May, the Germany-born fintech N26 was added to the already long list of banks and payment institutions via which payments can be accepted in electronic shops that use Paysera as their payment gateway.
„At the moment, Paysera’s payment initiation service (PIS) supports almost 100 banks, including almost all of the banks in the Baltics – Paysera’s dominant market,” according to the press release.
Many e-shops that use Paysera will automatically display N26 among other payment options unless the e-shop owner requested not to add new payment methods automatically. In this case, it will have to be selected in the settings.
This new payment option will be available for shoppers in Germany, Austria, Ireland, France, Spain, Italy, the Netherlands, Belgium, Portugal, Finland, Luxembourg, Slovenia, Estonia, Greece, and Slovakia.
The Paysera payment gateway enables e-shops to accept online payments in a way most suitable for their customers – via online banking, payment cards, SMS, QR codes, etc.
The Payment initiation service (PIS) is one such way of accepting online payments and is based on open banking. It is a popular, convenient, and affordable tool to process online payments, which today is used by almost 10 000 e-shops across many countries.
This year Paysera also plans to introduce the possibility to accept payments in your e-shop via Apple Pay.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
