payworks

paymentspos/mobile pos

FOUNDING YEAR: 2012
LOCATION: Germany
Last Update: 23/02/2021

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About

Payworks is the provider of a next generation Point of Sale payment gateway technology. Developers of Point of Sale solutions for merchants can quickly and cost-efficiently integrate card payment functionality into their applications, and securely process EMV, contactless and mobile wallet transactions at the Point of Sale. With headquarters in Germany and offices in the UK, the US and Poland, Payworks provides its technology to leading acquirers and payment providers globally.Please visit www.payworks.com for more information.Privacy policy:https://payworks.com/social-media-privacy-policy

MEDICI Analysis

payworks provides a Point of Sale platform for developers enabling merchant service providers quickly build payment functionality into their mobile applications. The software development tools of payworks make it easy for developers to build mobile solutions for face-to-face payments with Chip & PIN card readers as well as solutions for shoppers to pay directly with their phones via in-app payments and wallets. payworks provides its platform in a Software-as-a-Service model, enabling their clients to enter the market much faster and run their mPOS solution much more cost-efficiently.

Focus

PRODUCTS & SERVICES

PayButton & Whitelabel mPOS Pay App

REVENUE MODEL

payworks provides its platform in a SaaS model, enabling their clients to enter the market much faster and run their mPOS solution much more cost-efficiently.

MAIN CLIENTS

orderbird

Yoco

SetPay

opentabs

paij

Concardis

EXISTING PARTNERSHIPS

Verifone

company provided insights
Acquisitions

M&A

ACQUIRED BY

Visa

ANNOUNCED DATE

Jul 2019

PRICE

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