ACCEPTANCE & PROCESSING

Paysera removed its payment-initiation fee on bank transfers for merchants across Lithuania, Latvia and Estonia. The change applies once merchants migrate to Paysera’s new Checkout Modern platform, with the legacy Checkout version retaining the previous fee structure, leaving card payment rates unchanged. Two-thirds of transactions on Paysera’s platform already run via bank transfer rather than card, as open-banking payment-initiation costs across the market have fallen to between five and twenty cents per transaction. The move illustrates how PSPs are willing to give up a fee line to keep merchants routing volume through account-to-account rails rather than cards.

finby deployed Wero across its pan-European ecommerce merchant services, letting online merchants accept direct bank-account payments through the European Payments Initiative’s account-to-account wallet instead of routing solely through the card schemes. Strongest early uptake is expected in Belgium, France and Germany, where Wero already has meaningful consumer adoption. The deployment adds another acquirer-side on-ramp to a wallet still building out merchant acceptance market by market, following earlier Wero integrations by other pan-European PSPs and acquirers. Each new PSP integration lowers the marginal cost of merchant onboarding to Wero, and continued acquirer-side adoption is the clearest signal yet that A2A acceptance is becoming a standard checkout option.

BNPL

Klarna overhauled its membership programme across Europe, removing service fees and raising cashback to as much as 1.5%, with partner multipliers of up to 4x pushing total annual value as high as €6,000 on its top tier. The revamped structure spans four tiers priced from €4.99 to €44.99 a month, rolling out across Denmark, Germany, Austria, Italy, France, Spain, Belgium, the UK, Norway, Sweden and Finland. Higher tiers bundle subscriptions such as NordVPN, ClassPass and Headspace alongside travel perks including airport lounge access and purchase protection. The overhaul illustrates how BNPL providers are increasingly monetising through consumer subscription and loyalty layers, competing with premium credit cards for wallet share.

EPC/SEPA

Defacto went live with Mambu Payments for SEPA connectivity, layering the Dutch vendor’s payments REST API over its existing infrastructure to automate disbursements and repayments on its receivables financing product. Defacto joins Western Union, Flowe and Alma on the vendor’s payments suite. The pattern shows embedded-lending providers treating SEPA access as a build-versus-buy question settled in favour of vendor APIs, with payment execution increasingly bundled into core-banking platforms rather than procured separately from banks or PSPs.

WALLETS

Paysafe launched PaysafeWallet in Poland, extending its digital wallet into a new European market on the back of its existing PaysafeCard user base there. The wallet gives users a personal IBAN and a virtual debit card usable in-store and online, alongside cash top-ups, peer-to-peer transfers, bank transfers and ATM withdrawals, accessed through the existing PaysafeCard app. Paysafe positions the launch around younger, digitally-native consumers who expect instant access to their money across both physical and online acceptance point. The expansion of their acceptance footprint reflects a broader pattern of card-scheme-adjacent PSPs building their own closed-loop wallet and IBAN infrastructure to capture both sides of a transaction.

REGULATION (UK)

The FCA welcomed Teya, alongside four other high-growth firms, into its Scale-up Unit, giving the UK card-acceptance and POS provider tailored regulatory support as it grows. The unit, aimed at solo-regulated firms navigating rapid growth, also added ClearScore, Modulr, Urban Jungle and Zilch in this first cohort. Teya serves small UK merchants with card and POS acceptance technology, making its inclusion a direct regulatory touchpoint on the acquiring side of the market. Bringing an SME-focused acceptance provider into a dedicated scale-up track signals that the FCA sees merchant-acquiring fintechs as a growth segment worth proactive supervisory engagement.