Paynetics is a pan-European acquiring bank. Licensed in Bulgaria and processing all 27 EU member states, as well as UK. Principal member of both Visa and MasterCard.

The company has acquired an EMI license back in 2013. Since then it has developed an expertise in both card acquiring and card issuing on behalf of Visa and MasterCard. Recently, it also became a member of the UnionPay network. The people working in the company are all coming from payments background and thus payments knowledge and process capabilities are both major contributors to a good operation. It is a small to mid size acquirer, which therefore is not suitable for big corporates, but is very flexible for meduim-sized merchants.