Mastercard and Unzer team up to advance open banking payments across Europe
November 25, 2024 – Berlin, Germany
Unzer, a provider of payment and software solutions, has selected Mastercard as its strategic open banking partner in Germany, Austria and Denmark to enhance open banking account-based payments to power e-commerce payments across Unzer’s payment gateways.
Through this partnership, Unzer and Mastercard aim to create a unified digital payment ecosystem by leveraging Mastercard Open Banking-driven solutions enabling access to pay by bank. These innovations will offer consumers more secure and seamless payment options, providing greater flexibility when making online purchases.
In contrast to traditional payment methods, open banking enables any bank account holder to make fast digital payments directly to a merchant. These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient.
“At Unzer, we are committed to delivering the most integrated payment solutions, and our collaboration with Mastercard allows us to elevate that offering,” said Pascal Beij, Chief Commercial Officer at Unzer. “By tapping into Mastercard’s trusted open banking infrastructure, we can drive innovation and empower merchants with faster, more convenient payment experiences that meet the needs of today’s digital economy.”
“We're thrilled to drive the evolution of an account-based payment solution that will streamline online transactions, enhance security, and broaden payment options through our collaboration with Unzer” said Valérie Nowak, EVP, APEMEA Open Banking at Mastercard. “For six decades years, Mastercard has been safeguarding and powering the global payments landscape, and with our cutting-edge open banking technology, we’re now offering consumers and businesses in Germany even more flexible payment experiences.”
About Unzer
Unzer provides payment and commerce solutions to European merchants. With Unzer's unified commerce platform, businesses can view, monitor and act on customer, sales and product data in one place and in real-time. This helps merchants to better understand their customers' needs, while all transactions and inventory changes are tracked and updated in the cloud. Customers benefit from the most relevant, consistent and timely experience possible, and are able to choose how, where, and when they would like to pay.
Media contact Unzer: Dr. Lydia Prexl, Director of Communications, +49 (0)172 563 84 02, communications@unzer.com
About Mastercard
Mastercard strengthens the economy and supports people in more than 200 countries and territories worldwide. Together with our customers, we are committed to a sustainable economy where everyone can reach their full potential. We provide various digital payment options to make transactions secure, simple, smart, and accessible. By using the latest technologies and innovations, as well as through our partnerships and networks, we are able to offer a unique range of products and solutions. These help people, businesses, and public authorities be successful and competitive.
Media contact Mastercard: Rune Kallehauge, Director of Communications, Mastercard +45 25727014, rune.kallehauge@mastercard.com