Welcome to payabl powered by Powercash21

Member News
Oct 21, 2021
Member News
LARNACA, CYPRUS — October 21, 2021 — Today, we’re proud to announce the launch of our new brand, payabl. powered by Powercash21. We’re taking a leap into the future, preparing to deliver best-in-class innovative solutions to the companies we serve. This evolution follows our observation of the very latest changes, challenges and opportunities in the ecommerce and payments industries. It also comes as a result of our accelerated growth in recent years, which has seen our payments offering, inhouse teams, and regional presence expand significantly.

We’re taking this opportunity to better connect with our merchants and more clearly communicate our products, services and ultimate objective – to empower business growth through payments innovation. Our commitment to offering cutting-edge payments is stronger than ever before.

As an EU-regulated merchant acquirer, we make online payments, payment accounts, and prepaid cards as easy, reliable, and secure as they should be. For over 10 years, we’ve supported businesses’ growth by helping them take and make payments globally. Our banking services, gateway capabilities and easy checkout functionalities have exponentially enabled our merchants’ development, and there is still more to come.

Founded in 2010 by payment industry experts with extensive industry experience, the company now maintains a strong presence across the region with growing offices and increasing personnel in Cyprus, Germany, the UK, Greece, and beyond.

But what we’re most proud of is the growth of our clients, all of whom depend on fast, reliable, seamless payment processes to expand their business internationally.

We are a principal member of Visa and MasterCard, with both acquiring and issuing certifications. We also cover 100+ alternative payment method options, with direct integrations to PayPal, Apple Pay, Google Pay, Klarna, Trustly, and many more, that supplement card processing. Additionally, our merchants benefit from our sophisticated risk management tools, detailed reporting capabilities, and IBAN accounts in multiple currencies.

But what we really do is simple: we help your business grow and thrive.

Innovative technology that makes using payments solutions easy is one half of that. Building long-term relationships with our customers, including tailored services and 24/7 support, is the other. The close relationships we build are the reason that when clients start with us, they stay with us.

Our personal approach to customer service has been the key to our growth – and that of our merchants – and remains at the very core of our values. We are proud to work with European merchants across locations and industries, continuously helping them process and accept payments globally.

So, welcome to payabl. powered by Powercash21, where we take care of payments, so you can take care of business.

- Ugne Buraciene, CEO

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