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payvision.com

Founded Year

2002

Stage

Dead | Dead

About Payvision

Payvision specializes in acquiring and payment processing for the ecommerce market. Payvision simplifies the complexity of cross-border ecommerce through a highly effective and secure transaction processing platform. By offering banks, PSPs, ISOs and their merchants one global acquiring platform, 24/7 support, 150+ transaction currencies, a high-end reporting interface and a solid risk management solution, Payvision strives to support its customers in expanding their geographical footprints. Payvision's presence in different international regions has resulted in a global network of acquiring banks, connecting over 300 trusted business partners with more than 5,000 web merchants worldwide, processing over 100 million transactions a year.

Payvision Headquarter Location

Molenpad 2

Amsterdam, 1016 GM,

Netherlands

+31-2079-423-00

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Research containing Payvision

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Payvision in 1 CB Insights research brief, most recently on Apr 13, 2022.

Expert Collections containing Payvision

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Payvision is included in 2 Expert Collections, including Payments.

P

Payments

1,949 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

4,692 items

Track and capture company information and workflow.

Latest Payvision News

ING to wind down Payvision

Nov 1, 2021

43 minutes ago 0 ING is to shut down Payvision, the controversial international card acquirer and payments platform that the Dutch bank acquired in 2018 for €360 million. A competitor to Adyen and Worldline, Payvision has been mired in controversy relating to dubious business practices undertaken prior to its acquisition by ING. Dubbed the "Wirecard of the Netherlands" by the European Funds Recovery Initiative, Payvison been held responsible for processing hundreds of millions of euros in payments that were generated from investment scams. Last year ING sold half of Payvision’s operations for a nominal 1 euro - the part of the business that included payments processing for gambling and pornography customers including PornHub - leaving it with less profitable online payment processing activities. In a statement, the Dutch lender says: "After a thorough evaluation of all options in the context of the rapidly evolving and increasingly competitive and capital intensive e-commerce merchant market, ING has concluded that it is not feasible to achieve its ambitions with Payvision. The aim is to complete the phase-out process by the second quarter of 2022." Related Companies

  • When was Payvision founded?

    Payvision was founded in 2002.

  • Where is Payvision's headquarters?

    Payvision's headquarters is located at Molenpad 2, Amsterdam.

  • What is Payvision's latest funding round?

    Payvision's latest funding round is Dead.

  • Who are the investors of Payvision?

    Investors of Payvision include ING.

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