Discover why VRPs are generating so much buzz in our latest blog – https://lnkd.in/d6Rqzgfp The launch of Variable Recurring Payments (VRPs) is set to become a defining chapter in the UK’s Open Banking story, with UK Finance recently publishing a collaborative study on model clauses that will help enable their introduction for commercial use. For merchants, VRPs present compelling opportunities beyond just sweeping payments. They can help you tap into the rapidly growing subscription economy, projected to reach £1.5 trillion by 2025. However, there are challenges to address, such as public awareness, fraud risks, and the need for a robust regulatory framework. As VRPs pave the way for a more commercial Open Banking model, it’s essential that the benefits are accessible to all stakeholders.
payabl.
Financial Services
We're powering the growth of merchants by helping them take payments easily, securely and globally.
About us
We are payabl., a paytech expert empowering merchants to take, make and manage payments globally. Our full solution stack includes card acquiring, alternative payment methods, payment accounts and prepaid cards. Welcome to payabl., where we take care of the payments, so you can take care of business. #payments #paytech #fintech
- Website
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https://payabl.com
External link for payabl.
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2011
Locations
Employees at payabl.
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Priyanka Lehmann
Product Management, Process Management, FinTech
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Jonathan Arler
General Manager I Management Board Member Netherlands at payabl. - Paytech - Payments - E-Money - Acquiring -Leadership - Strategy - Growth -…
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Muzammil Ahmed
Web Developer | Laravel | Inertia Vue | MariaDb | Docker | Java | Vaadin | Druid | Linux | Python | Flask | FastApi | Mongo | AWS | CI/CD | Git |
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Dagmara Sobańska LL.M.
Country Manager Poland at payabl. / Business and Law / Fintech / Card acquiring / E-commerce / EX - KLARNA
Updates
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It’s ‘Pay it Forward’ time and today we’re welcoming Julian Martin Capote from Alibaba Group! Listen here: https://lnkd.in/gNac3V4k We’ll be talking about how Miravia, a new eCommerce model in Spain, is changing how customers experience online shopping. We’ll chat about the strategic importance of diverse payment options, the rise of peer-to-peer methods like Bizum, and how value-added services like instant discounts and cashback are adapting to customer expectations. Julian also discusses the growing popularity of Buy Now, Pay Later (BNPL) among Gen Z and Millenials and the critical role of partnerships in creating seamless payment experiences. Tune in now to listen to a conversation about shifting payments within eCommerce! #EcommerceInnovation #PaymentsStrategy #BNPL #CustomerExperience #Alibaba #payabl
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Artificial intelligence (AI) is transforming industries globally, and payments are no exception. With the recent approval of the EU AI Act by the European Council, we are entering a new era of innovation balanced with robust risk mitigation. On a recent Pay it Forward podcast, we had an insightful conversation with author and finfluencer Theodora Lau. She highlighted, "Generative AI, like ChatGPT, has brought immense capabilities to consumers, sparking curiosity and innovation. However, businesses must tread carefully, especially in financial applications where accuracy and trust are paramount." Our Chief Product Officer, Igor Skachkov, adds, "AI in payments involves advanced algorithms and machine learning to enhance accuracy, detect fraud, and optimise decisions. It’s essential for merchants to understand these technologies or partner with experts who do, ensuring compliance and responsible innovation." As the industry embraces AI, ethical considerations and regulatory compliance are key. Starting with AI-generated FAQs reviewed by humans or joining merchant networks for shared insights can help you integrate AI responsibly. Read our blog exploring the future of AI in payments here https://lnkd.in/d7uqzTDv #ArtificialIntelligence #Payments #EUAIAct #Fintech #FraudPrevention #Innovation #payabl
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We Won! 🏆 We’re thrilled to announce that payabl. has won "Best Business Payments System for the Commerce Ecosystem'' at the PayTech Awards 2024, organised by FinTech Futures 🚀 This award is a huge honour and a reflection of our team's dedication to innovation and excellence in the payments industry. Thank you to our amazing customers, partners, and team for your unwavering support. Read more about the award and other winners here https://hubs.ly/Q02Fq2yQ0. #PayTechAwards #Innovation #BusinessPayments #CommerceEcosystem #payabl
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The Payment Services Directive 3 (PSD3) signifies a major shift in the EU's financial landscape. Introduced by the European Commission on June 28, 2023, PSD3 and the new Payment Services Regulation (PSR) promise to revolutionise the payments industry. One year on, here's what we know so far about how PSD3 will disrupt the world of payments: ❕ Stricter SCA Rules: Allowing two authentication methods from the same category (knowledge, possession, inherence). ❕Greater Accessibility: Additional authentication methods to be introduced, including for the elderly and disabled consumers. ❕Updated Data Management: Merchants must share more data with issuers to combat fraud. ❕New Exemptions: Relaxed SCA for subscriptions and MOTO transactions. ❕Boost for Open Banking: Obstacle-free access interfaces for enhanced transparency. Open Banking consumers will have a clearer view of their granted data access rights, including recipients, and provide a withdrawal function for added control. With these comprehensive updates, partnering with a payments expert will be crucial to navigate the new landscape effectively. Get ready for a more secure and accessible payments environment! Read more on the updates here: https://lnkd.in/dnHh9sgy #PSD3 #payments #fintech #regulation #SCA #paytech
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Introducing our latest features for your eCommerce success ✨ 1️⃣ Retry Payment: Reduce cart abandonment with our "Retry Payment" button. 2️⃣ Network Tokenisation: Enhanced security with Visa and Mastercard. Protect data and increase approvals. 3️⃣ Save Card: Speed up checkout by 30%. Boost conversions by 15-20%. 4️⃣ Instant Bank Transfers LPM: From Sept 2024, smoother payments in Austria, Germany, and Italy. Learn more here: https://hubs.ly/Q02D_-0g0 #eCommerce #Fintech #Innovation #SecurePayments #Growth
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🔍 Fraud prevention in fintech is a dynamic and evolving challenge. Here are the top takeaways, part of Oleg S.' panel at Reflect Festival. 1. Advanced AI and Machine Learning: Leveraging AI and machine learning can significantly enhance real-time fraud detection by identifying patterns and anomalies. 2. Collaboration and Information Sharing: Building a network for sharing threat intelligence helps organizations stay ahead of emerging fraud tactics. 3. Customer Education: Educating customers on recognizing and reporting fraudulent activities is crucial for early detection and prevention. 4. Regulatory Compliance: Staying updated with regulations and ensuring compliance helps in mitigating legal risks and enhancing trust. Staying proactive and adopting a multi-layered approach is key to safeguarding against fraud in the rapidly growing fintech landscape. For a deeper dive into these strategies, read the full article: https://lnkd.in/dJPrhnBY
Fraud has been, is, and will likely always be a huge issue across many industries. But there are armies of people dedicated to fighting it! It was very fascinating to hear perspectives from several sectors at the recent Reflect Festival about experiences and ways of fighting it. Panellists included: Elena Emelyanova. from Wargaming Felix Efren Gonzalez Reyes from Bolt Michael Ioannides from Visa Andre Moeller from Elli Oleg S. from payabl. Key topics included motivations, AI, collaboration, the impact of fraud on the consumer, data as a weapon against fraud and future directions. Dharmesh Mistry Paul Hindle Tanya Andreasyan Leda Glyptis PhD Jas Shah Theodora Lau Wasim Mushtaq Rew Islam Viali Munteanu Douglas Mackenzie Dave and Dharm Demystify Alexander Jahn Artemis Pnevmatikou Natasa Pilides Stylianos Lambrou
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We're thrilled to share that payabl. has joined The Payments Association EU! This is a major step in our mission to expand our presence across mainland Europe and deliver instant, transparent, and innovative payment solutions to merchants throughout the continent. As part of the The Payments Association EU, we'll be teaming up with industry leaders, staying ahead of trends, and setting new standards. This membership strengthens our commitment to delivering top-notch solutions for our merchants. Our Group CEO, Ugnė B., expressed our excitement perfectly: “This membership aligns with our vision to drive innovation and the growth of the digital economy in Europe. We look forward to collaborating with fellow members to advance the industry and deliver exceptional value to our merchants.” Find out more here: https://lnkd.in/d6xKkVt7 Stay tuned for more updates as we continue to expand our footprint in Europe! #payabl #PaymentsAssociationEU #Fintech #Innovation #Growth #Europe #PaymentSolutions
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Thank you for an incredible iFX EXPO! Our team thoroughly enjoyed engaging in conversations about the ever-evolving payment industry, exchanging ideas on today’s solutions, discussing the challenges, and learning from all of you. Your insights and enthusiasm inspire us to continue pushing the boundaries of payment innovation. Ugnė B. Tatjana Meluškāne Foteini Stylianou Haris Sarakas Athina Michael Georgios Frosynis Giorgos Sokratous Vasilis Apostolides Karina Novikova Mike Constantinou #IFXExpo2024