European FinTech company payabl., a provider of end-to-end payment solutions, has announced a strategic integration with PrestaShop, one of Europe’s leading open-source e-commerce platforms.
This partnership introduces a powerful plug-in that connects online merchants directly to payabl.’s payment infrastructure, according to FF News.
The integration aims to improve the checkout experience for PrestaShop’s 250,000 merchants by offering a seamless, secure, and scalable payment solution.
The plug-in enables card acquiring, support for over 300 local payment methods, multi-currency transactions, fraud prevention, and real-time reporting – all through a streamlined checkout interface.
payabl. offers a comprehensive FinTech payment platform that includes card acquiring, local payment methods, multi-currency business accounts, point-of-sale (POS) terminals, and card issuing.
Its solutions are designed to support merchants with secure and scalable infrastructure, including real-time data insights and fraud prevention tools.
PrestaShop, meanwhile, is a widely adopted open-source e-commerce platform, powering hundreds of thousands of online retailers across Europe. The platform enables merchants to create and manage online stores, offering flexibility, modularity, and integration capabilities.
This partnership reflects payabl.’s broader commitment to simplifying digital payment processes and enabling business growth across Europe. With e-commerce sales in Europe expected to reach €565bn by 2029, the integration addresses growing consumer demand for frictionless, fast, and secure checkouts.
Additional research from payabl. reveals that 43% of consumers would not return to a retailer after a poor checkout experience. By integrating with PrestaShop, payabl. aims to mitigate this issue and provide a smoother payment journey for both merchants and customers. This also comes at a time when European e-commerce is projected to grow 7.8%, reversing post-pandemic in-store buying trends and driven by economic recovery, omnichannel adoption, and cross-border sales.
payabl. group CEO Ugne Buraciene said, “E-commerce continues to grow at pace across Europe, and making payabl.’s technology available to PrestaShop merchants is a natural step in our mission to support businesses with robust, scalable payment solutions.
“Today’s consumers expect checkout experiences that are simple, fast, and secure — and our integration is designed to help merchants deliver exactly that. With payabl., businesses using PrestaShop can focus on growth while relying on a frictionless, secure payment infrastructure that keeps up with evolving customer demands.”
Source: https://fintech.global/