Micropayment and Tink join forces to expand payment options in Europe

  • Micropayment, a Berlin-based payment services provider, has forged a partnership with Tink, a platform specialising in data enrichment and payment services.
  • Through this collaboration, Tink’s Pay by Bank product will be integrated into Micropayment’s merchant checkouts, facilitating wider adoption of this payment method throughout Europe.
  • Merchants using Micropayment in the DACH region, covering Germany, Austria, and Switzerland, can now offer customers the option to securely and efficiently transfer funds directly from their bank accounts during online transactions.

Micropayment, a Berlin-based supplier of payment services, has partnered with Tink, a platform for data enrichment and payment services.

Micropayment integrates Tink’s Pay by Bank product

This partnership will make Tink’s Pay by Bank product accessible at Micropayment’s merchant checkouts, thereby enhancing and expanding the adoption of this payment option across Europe.

Pay by Bank is an online payment method. Customers may make safe and efficient online payments by transferring money straight from their bank account to the seller’s account, offering a streamlined shopping experience.

Consequently, Pay by Bank is now accessible to Micropayment’s merchants in the DACH region, encompassing Germany, Austria, and Switzerland.

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About Micropayment and Tink

Since its establishment in 2005, Micropayment has aimed at tailored digital payment solutions, notably in the DACH region. With a mission to address specific challenges in online payments, the company ensures secure and seamless transactions for its partners.

Tink, a Visa subsidiary founded in Stockholm in 2012, boasts over 6,000 bank connections. Its platform offers loan, banking, and payment options across 19 regions, extending beyond open banking.

Micropayment CSO Thomas Knoth praised Tink as a top provider of Payment Initiation Service (PIS) and Account Information Service (AIS) solutions, highlighting their exceptional collaboration. He emphasised Tink’s commitment to excellent support and flexibility in enhancing products, crucial for Micropayment’s robust Pay by Bank solution.

Sylvia-Shen

Sylvia Shen

Sylvia Shen, an intern reporter at BTW media dedicated in Fintech and Blockchain. She graduated from University of California, Davis. Send tips to s.shen@btw.media.

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