London & Cyprus, 28 February 2022 – Today payabl. the international merchant acquirer that enables businesses to take payments easily, reliably and securely, announces it is joining forces with RegTech provider Know Your Customer, to offer fully digital, secure and seamless onboarding to merchants worldwide. With explosive growth being experienced in the online payments sector, this is yet another step the company has taken to prioritise its customers by enhancing the onboarding process, allowing merchants to be up and running as much as five times faster.
By working with Know Your Customer, payabl. will now be able to leverage real-time registry connections and AI-based shareholder data extraction, to deliver a remarkable user experience for merchants, accelerating due diligence procedures and account activation across multiple jurisdictions.
Here at payabl. we recognise that our merchants' time is precious, and prioritise offering a straightforward, frictionless onboarding experience. The collaboration between payabl. and Know Your Customer is evidence of that endeavour, and allows us to further expedite the process, helping us get new clients up and running in no time.Isavella FrangouVP Sales and Marketing , payabl.
Since being established in 2011, payabl. has worked as a partner with its customers. With worldwide eCommerce sales expected to rise to $7.38 trillion in 2025, there’s never been a more important time for businesses to focus on their online sales. payabl.’s latest partnership with Know Your Customer enhances its seamless business solution even further.
The ability to deliver a truly seamless onboarding experience to merchants is becoming an absolute priority in the increasingly competitive payments market, both across Europe and globally. We are delighted to be working with payabl. in this area, as we share a common vision of customer-centricity powered by real-time data and deep automation across multiple business areas.Claus ChristensenCEO & Co-Founder, Know Your Customer Limited
Know Your Customer capabilities are fully integrated with payabl.’s internal systems through APIs.
payabl. are paytech experts empowering merchants to take, make and manage payments globally. Theur full solution stack includes card acquiring, alternative payment methods, payment accounts and prepaid cards.
Established in 2011, payabl. serve merchants throughout the EU and beyond, with regional offices in Cyprus, Germany, and the UK. Discover more at payabl.com
Know Your Customer is an award-winning RegTech company specialised in next-generation digital onboarding and KYB automation solutions for corporate clients.
With offices in London, Dublin, Hong Kong, Singapore, and Shanghai, Know Your Customer has established a global reputation for excellence with clients across 11 verticals – including banking, FinTech, insurance, payments, real estate, asset management, legal firms – and 18 jurisdictions.
Are you ready to digitise and automate merchant onboarding for your organisation?