payabl. joins the European Payments Initiative to expand Wero access for merchants and PSPs

By integrating as a direct acquirer, payabl. enables merchants, as well as other payment service providers (PSPs), across Europe to offer instant, secure account-to-account (A2A) payments – cutting costs at checkout while giving customers the speed and convenience they demand.

Martina Weimert, CEO of the European Payments Initiative (EPI), said: “We are delighted to welcome payabl. as one of the very first licensed members of EPI and a direct participant in Wero. Their integration underlines the strong momentum behind Wero as Europe’s trusted digital wallet. By joining at this early stage, payabl. is helping us accelerate access to instant, secure account-to-account payments across borders – making everyday commerce more convenient for consumers and more cost-efficient for merchants.”

Backed by Europe’s largest banks and built on SEPA Instant, Wero is the first truly pan-European wallet. Payments clear in under 10 seconds, including cross-border transactions, offering a lower-cost alternative to cards and tackling cart abandonment with a friction-free checkout.

For merchants outside the EU, including the UK, the integration ensures they can serve European shoppers with their preferred local methods, maintaining competitiveness in eCommerce.

Ugne Buraciene, Group CEO of payabl., said: “Integrating with Wero gives our merchants across Europe a new way to offer instant, secure, account-to-account payments that customers can trust. This is about more than speed – it’s about creating choice, reducing costs, and building loyalty in a highly competitive market.”

payabl.’s partnership with Wero ensures merchants can meet these expectations. By reducing checkout friction and enabling real-time settlement, merchants can attract, convert, and retain customers in a market where loyalty is hard-won and easily lost.

About payabl.

Established in 2011, payabl. is a leading financial technology provider with offices in Germany, the Netherlands, Cyprus, and the UK. The company offers a comprehensive range of payment products, including card acquiring, business accounts, integration to over 300 local payment methods, and POS terminals. payabl. offers its customers a high-tech, high-touch approach, providing future-proofed payment solutions to merchants from a wide range of sectors around the world. With unrivalled experience in helping clients navigate the complexity of an ever-evolving payments environment, payabl. is the trusted partner for the world’s most innovative merchants to unlock growth. 

To learn more, visit: payabl.com
 

About EPI

EPI (or European Payments Initiative) is supported by 16 European banks and payment service providers. They have joined forces with a common goal: to offer a unified mobile payment service, to all European companies and citizens, Wero. EPI intends to enable European consumers and merchants and to carry out all types of retail transactions simply, via a resolutely sovereign digital wallet.

Find out more at epicompany.eu

About Wero

Based on instant account-to-account (A2A) payments, Wero further streamlines payments in Europe by eliminating intermediaries in the payment chain and the associated additional costs. Wero already supports payments between individuals, and will shortly unveil payments to professionals (P2Pro) and those for online and mobile purchases. Point-of-sale payments will also be offered, as well as value-added services such as merchant loyalty programs and recurring subscription management.

Find out more at wero-wallet.eu.