Brite Payments and Shopware have formed a strategic partnership to introduce open banking-based instant payments across Europe, leveraging Brite’s Instant Payments Network (Brite IPN) to enable customers to conduct instant transactions directly from their bank accounts. The collaboration capitalizes on Shopware’s significant presence in the European e-commerce market, serving over 45,000 merchants and processing approximately EUR 22 billion in gross merchandise volume annually. By addressing operational inefficiencies and streamlining the payment process, the partnership aims to enhance the digital shopping experience for merchants and consumers, aligning with the open banking revolution catalyzed by PSD2 in Europe.
Brite Payments and Shopware Team Up for Instant Payments Across Europe