Berlin-based payment processor Micropayment has announced a strategic partnership with Tink, a leading payment services and data enrichment platform, to integrate Tink’s Pay by Bank solution into its payments offering. Catering primarily to markets in Germany, Austria, and Switzerland (DACH region), Micropayment serves a diverse range of merchants spanning fundraising and non-profit organizations, digital services, gaming, and entertainment sectors. Known for its consultative approach, Micropayment aims to streamline payment processing for its clients by alleviating the challenges associated with software implementation and operational management.

The collaboration between Micropayment and Tink marks a significant milestone in the payments landscape, with the integration of Tink’s Pay by Bank product enabling merchants to offer a seamless checkout experience to their customers. Pay by Bank facilitates online payments by allowing consumers to initiate transactions directly from their bank accounts to the seller’s account, ensuring secure and efficient transactions.

Thomas Knoth, CSO at Micropayment said: “Tink is a leading provider of PIS and AIS solutions, and our collaboration with them has been nothing short of exceptional. Their team has consistently demonstrated a commitment to providing top-notch support and a willingness to accommodate our requests for product enhancements. This level of attentiveness and responsiveness has been instrumental in our ability to offer a solid Pay by Bank solution.

“The DACH region is a key market for us, and Tink`s dedication to serving merchants across various industries has been invaluable. Their payment method offers consumers the speed, reliability, and security they expect, making it a seamless experience for both merchants and consumers. We are delighted to be working with Tink and look forward to continuing our successful partnership.”

Thomas Gmelch, DACH Payments Director at Tink added: “The DACH region presents an enormous opportunity for Pay by Bank to make a tangible difference to merchants serving all kinds of industries. Collaboration with Micropayment has got off to an excellent start and we are gaining traction in a highly competitive landscape, by offering merchants with a payment method that offers everything a consumer has come to expect – familiarity, speed, reliability and convenience.”

The launch of Pay by Bank across the DACH region signifies Micropayment’s commitment to leveraging innovative payment solutions to meet the evolving needs of its merchant partners. With plans to further expand the reach of Pay by Bank leveraging Tink’s pan-European connectivity, Micropayment aims to solidify its position as a leading provider of seamless payment experiences across Europe.

The collaboration between Micropayment and Tink underscores the growing importance of partnerships in driving innovation and enhancing the payments ecosystem, ultimately benefiting merchants and consumers alike. As the adoption of digital payment solutions continues to accelerate, collaborations such as this pave the way for enhanced convenience, security, and efficiency in online transactions across Europe.