PAYCOMET
PAYCOMET is a Spanish omnichannel payment gateway platform, operating as a Banco Sabadell subsidiary under a Bank of Spain payment institution license, serving ecommerce merchants, marketplaces, travel, physical retail, and call centers across 50+ countries.
- Company typePrivate
- Founded2018
- HeadquartersBilbao, Spain
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PAYCOMET does
PAYCOMET (formerly PAYTPV) is a Spanish payment gateway platform that provides omnichannel payment processing for merchants across online, telephone, and physical channels through a single integration. Founded in 2010 and headquartered in Torrelodones (Madrid metropolitan area), the company is a wholly-owned subsidiary of InnoCells, the digital innovation arm of Banco Sabadell, following a 2018 acquisition, and was rebranded from PAYTPV to PAYCOMET in March 2019. PAYCOMET operates as a Payment Institution licensed by the Bank of Spain (license number 6874) with PSD2 EU passport, PCI-DSS Level 1 certification, and supports 30+ payment methods including cards, wallets (PayPal, Apple Pay, Google Pay), and local methods (Bizum, MB WAY, iDEAL, Klarna, Trustly) across 50+ countries.
The platform's core products include TPV Virtual (online card gateway), TPV Físico (integrated physical POS terminals), Call Center IVR (PCI-compliant automated phone payments), Marketplace (multi-vendor split payments under PSD2), Hotel Reservation Proxy (OTA/PMS-integrated tokenization), and PAY by Link/QR (remote payment links). Value-added services include card tokenization, subscription management, rule-based fraud control with simulation, and a visual control panel. The technology stack emphasizes a developer-first API model with SDKs and free plugins for WooCommerce, Magento, and PrestaShop, documented at docs.paycomet.com and supported by an active GitHub presence.
PAYCOMET monetizes via transaction-based take rates (with a 3-month free trial for new merchants and custom pricing for high-volume enterprise accounts) and serves a diversified customer base spanning ecommerce, marketplaces, travel/hospitality (Goldcar, Eroski Viajes), physical retail (Cottet, Phone House, Cecotec, Vino Selección), media/financial services (Vocento, Younited Credit), entertainment (Teatro Real), and on-demand delivery (Glovo cash deposits). Distribution is hybrid: self-service web signup for SMBs, direct enterprise sales for complex deployments, and Banco Sabadell's Spanish branch network for POS terminals and SMB payment services.
PAYCOMET firmographics
Firmographics- Name
- PAYCOMET
- Legal name
- PAYCOMET, S.L.U.
- Website
- https://paycomet.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PAYCOMET is a Spanish omnichannel payment gateway platform, operating as a Banco Sabadell subsidiary under a Bank of Spain payment institution license, serving ecommerce merchants, marketplaces, travel, physical retail, and call centers across 50+ countries.
- Ownership category
- akta.pro rank
PAYCOMET industry classification
Industry- Product category
- Payment Gateway / Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Payment Orchestration Platforms (FSAGABAA)
- akta.pro secondary industries
- Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Payment-Integrated Booking & Checkout Modules (THALADAO)
Keywords
Where PAYCOMET is headquartered
LocationHeadquarters
- HQ city
- Bilbao
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
PAYCOMET business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Transaction Processing Fees: PAYCOMET charges merchants transaction fees for processing card payments and other payment methods. Fee structure includes flat rates and varies by payment method type. Free trial period of 3 months offered for new accounts.
- Subscription/Recurring Fees: Monthly or annual subscription plans for platform access with different tariff tiers. Supports recurring payment processing for subscription-based business models.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Standard flat rate tariff with 3-month free trial for new merchants |
| Transaction based/ take rate | Annual | Custom enterprise pricing for high-volume merchants |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
PAYCOMET product offering
Product offeringCore offering
PAYCOMET provides a unified omnichannel payment gateway platform that enables merchants to accept payments across online (TPV Virtual), telephone (Call TPV, Call Center IVR), physical (TPV Físico), and remote (PAY by Link, PAY by QR) channels through a single integration. The platform supports 30+ payment methods globally, with specialized solutions for marketplaces (multi-vendor payment splitting), hotels (reservation tokenization), and verticals such as ecommerce, call centers, and physical retail. PAYCOMET operates as a Payment Institution authorized by the Bank of Spain (license 6874) with PCI-DSS Level 1 certification.
Product overview
PAYCOMET is a unified payment platform offering a comprehensive suite of payment solutions across multiple channels. The core platform includes TPV Virtual (online payment gateway), Physical POS (dataphones), and the Marketplace solution, complemented by specialized products like Call Center IVR (automated phone payments), PAY by Link/QR (remote payment collection), and Hotel Reservations Proxy (tokenization for hospitality). Additional value-added services include Tokenization, Subscriptions, Fraud Control, Specialized Support, and a Visual Control Panel. All solutions are processed through a single integration and managed from one unified dashboard, with the platform authorized as a Payment Entity by the Bank of Spain.
Differentiator
Problem solved
Functional benefit
Products and services
- TPV Virtual (Virtual POS) Online payment gateway enabling merchants to accept card payments on ecommerce websites with a fast, secure, and fluid checkout experience, 3D Secure support, and PCI compliance. For online merchants and ecommerce businesses.
- Call TPV Telephone payment solution allowing merchants to charge by phone securely or send payment links via email or SMS. Converts customer service interactions into a sales channel. For merchants needing phone-based order taking.
- PAY by Link Payment link generation tool allowing merchants to share payment links via email, SMS, social media, or marketing campaigns to collect payments remotely without website integration. For freelancers, small businesses, and merchants needing invoice-based billing.
- PAY by QR QR code payment solution enabling merchants to display scannable QR codes in advertising materials for instant mobile payments. For merchants running print advertising campaigns and physical retail.
- Call Center IVR Automated telephone payment system using Interactive Voice Response (IVR) technology, allowing call center agents to transfer calls for secure card data entry without accessing sensitive information, compliant with PCI-DSS Level 1, with 7-language support and SIP/H.323 (RFC 2833) protocol integration. For call centers, booking agencies, telemarketing firms, and collection operations.
- TPV Físico (Physical POS) Physical point-of-sale terminal (dataphone/pinpad) for face-to-face card payments, integrated with cash register systems and supporting contactless, NFC, and mobile wallet payments with multi-currency acceptance (DCC) and Tax Free for non-EU customer VAT refunds. For brick-and-mortar stores, restaurants, gas stations, and entertainment venues.
- Proxy Reservas Hotel (Hotel Reservations Proxy) Card tokenization solution specifically designed for hotel reservations, providing secure payment processing with pre-authorization for OTA integrations and PMS systems, enabling flexible cancellation handling. For hotels, car rental companies, golf courses, and travel operators.
- Marketplace Payments Multi-vendor payment management platform enabling marketplace operators to handle split payments between buyers and sellers, with support for SPLIT Marketplace (wallet-based, up to 5 shops) and SEPA Marketplace (bank transfers, 6+ shops) models compliant with PSD2, including automated vendor fund distribution and KYC onboarding. For online marketplace operators and platforms.
- Tokenización (Card Tokenization) Card tokenization service that securely stores card data in a PCI-compliant vault, enabling one-click purchases, subscriptions, and recurring payments while reducing PCI scope. For merchants running subscription businesses or recurring billing models.
- Suscripciones (Subscriptions) Recurring payment management tools for subscription-based business models, enabling automated periodic billing. For merchants with subscription or recurring revenue models.
- Control del Fraude (Fraud Control) Fraud management solution using scoring rules and advanced algorithms to detect and prevent fraudulent transactions, with rule simulator and third-party fraud manager integration. For merchants needing to reduce chargebacks and fraud losses.
- Panel de Control (Control Panel) Visual dashboard for managing accounts, users, terminals, and analyzing transaction operations with real-time reporting capabilities. For merchants needing operational visibility and account administration.
- Soporte Especializado (Specialized Support) Dedicated expert support services for payment-related inquiries and technical assistance. For merchants requiring priority technical support and payment consultation.
- PAYCOMET 2.0 Platform Major platform update of the PAYCOMET payment gateway with a renewed interface, new functionalities, and improved usability, including the new control panel. For all PAYCOMET merchants.
Quantifiable outcome
- Free 3-month trial period for new merchants to test the platform
- +3 more outcomes
Companies that use PAYCOMET
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles5 records
PAYCOMET technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature10 records
PAYCOMET partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and strategic.
- VisacoreVISA card payments are supported as a core payment method through PAYCOMET's gateway, allowing merchants to accept VISA credit and debit cards for online, phone, and in-person transactions globally.
- MastercardcoreMastercard card payments are supported as a core payment method through PAYCOMET's gateway, enabling merchant acceptance of Mastercard-branded cards across all markets.
- PayPalcorePayPal wallet payments are integrated into PAYCOMET's payment gateway, providing merchants with PayPal as an alternative payment method alongside card payments.
- Apple PaycoreApple Pay mobile wallet is supported through PAYCOMET for contactless in-person payments (NFC) and online transactions, integrated with physical POS terminals and virtual payment flows.
- Google PaycoreGoogle Pay mobile wallet integration is available through PAYCOMET (marked as 'Coming soon' in some markets), supporting mobile payment acceptance on Android devices.
- BizumcoreSpanish mobile payment method Bizum is supported for Spain-only transactions, enabling merchants to accept Bizum peer-to-peer style payments through PAYCOMET's platform.
- MB WAYcorePortuguese mobile payment solution MB WAY is integrated into PAYCOMET for Portugal-region transactions, supporting mobile-based payment processing.
- KlarnastrategicKlarna's 'Pay Now' and 'Pay Later' financing solutions are integrated (with 'Pay Later' marked as 'Coming soon'), enabling merchants to offer Klarna's buy-now-pay-later options to customers in Germany, Austria, Netherlands, Belgium, Switzerland, Italy, Poland, Spain, UK, US, Denmark, Finland, and Norway.
- TrustlycoreTrustly's open banking payment platform is supported for Nordic markets (Denmark, Finland, Norway, Sweden), enabling bank transfer payments through PAYCOMET's gateway.
- iDEAL | WerocoreiDEAL (now integrated with Wero) is supported for Netherlands transactions, providing Dutch consumers with bank-based online payment options through PAYCOMET.
- SEPA (Single Euro Payments Area)coreSEPA Direct Debit payment method is supported across 27 European countries including Spain, Portugal, France, Germany, Austria, Italy, Ireland, Sweden, Denmark, Finland, Belgium, Luxembourg, Lithuania, Latvia, Estonia, Slovenia, Poland, Hungary, Romania, Bulgaria, Cyprus, Greece, and Malta, enabling euro bank transfer payments.
- Sabadell Consumer (InstantCredit)strategicInstantCredit financing solution by Sabadell Consumer is available for Spain-based merchants, enabling point-of-sale financing and installment payment options for customers.
- WooCommercecoreFree official PAYCOMET plugin available for WooCommerce ecommerce platform, enabling quick integration for WooCommerce store owners to accept payments through PAYCOMET's gateway.
- PrestaShopcorePAYCOMET offers free integration modules for PrestaShop platform, allowing merchants running PrestaShop stores to easily connect PAYCOMET payment processing.
- MagentocorePAYCOMET provides payment gateway integration for Magento ecommerce platform, supporting merchants running Magento-based online stores with comprehensive payment acceptance.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
PAYCOMET competitors and assessment
Company assessmentDirect peers
- Adyen: Unified global payments platform that—similar to PAYCOMET—offers online, point-of-sale, and marketplace payment processing with a single integration. Competes head-on for European enterprise and marketplace merchants.
- Worldline: Europe-headquartered merchant payment processor providing omnichannel acquiring, gateways, and POS terminals. Directly comparable as a regulated EU payment institution offering similar product breadth to PAYCOMET.
- Trust Payments: Multi-jurisdictional payment gateway and acquirer offering card processing, alternative methods, and merchant services across Europe. Comparable in regulated payment institution positioning and omnichannel product set.
- Checkout.com: Global payment processor with strong European presence competing for enterprise ecommerce merchants using a unified API and broad local payment method coverage—directly mirroring PAYCOMET's value proposition.
- Mollie: European payment service provider offering multi-method payment processing, POS, and marketplace solutions to SMB and mid-market merchants. Closely comparable to PAYCOMET in product scope and target segment.
- Stripe: Global payment orchestrator providing online, in-person, and marketplace payment processing via a single API. Closely comparable to PAYCOMET's omnichannel gateway model and competes for the same ecommerce and marketplace merchants across Europe.
Broad incumbents
- Nexi: Large European payments incumbent offering merchant acquiring, payment gateways, and POS services. Overlaps with PAYCOMET's merchant acquiring and gateway capabilities as part of a much broader product portfolio.
- Square (Block): Integrated payments and POS provider combining hardware, software, and payment processing—overlapping with PAYCOMET's omnichannel payments plus physical POS/dataphone offerings targeting SMBs.
Emerging players
- GoCardless: Direct debit and bank-payment specialist serving European SMBs and enterprises with recurring payment infrastructure. Comparable in addressing European local payment methods (SEPA) and subscription/recurring billing use cases.
Regional players
- Redsys: Spanish payment processor and gateway operator providing card acquiring and processing infrastructure primarily to merchants in Spain. Comparable as a domestic Iberian payment services competitor with overlapping product set.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PAYCOMET social profiles
Digital presencePAYCOMET compliance and trust
Trust signalCompliance3 records
PAYCOMET financial estimates
Financial estimateRevenue estimate
Valuation estimate
PAYCOMET leadership team
Management profileNumber of profiles
Profiles2 records
PAYCOMET funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PAYCOMET M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PAYCOMET
What does PAYCOMET do?
PAYCOMET provides a unified omnichannel payment gateway platform that enables merchants to accept payments across online (TPV Virtual), telephone (Call TPV, Call Center IVR), physical (TPV Físico), and remote (PAY by Link, PAY by QR) channels through a single integration. The platform supports 30+ payment methods globally, with specialized solutions for marketplaces (multi-vendor payment splitting), hotels (reservation tokenization), and verticals such as ecommerce, call centers, and physical retail. PAYCOMET operates as a Payment Institution authorized by the Bank of Spain (license 6874) with PCI-DSS Level 1 certification.
Is PAYCOMET a public or private company?
PAYCOMET is a private company. It is classified as corporate owned and is currently operating.
When was PAYCOMET founded?
PAYCOMET was founded in 2018. It employs 11 to 50 people.
Where is PAYCOMET based?
PAYCOMET is headquartered in Bilbao, Spain, in the Europe region.
How does PAYCOMET make money?
Two revenue lines are on record. Transaction Processing Fees are the primary driver. The others are subscription/Recurring Fees.
Who are PAYCOMET's main competitors?
Direct peers on record are Adyen, Worldline, Trust Payments, Checkout.com, Mollie and Stripe. Broad incumbents are Nexi and Square (Block). GoCardless is listed as an emerging player. Redsys is listed as a regional player.
Does PAYCOMET have an API?
Yes. PAYCOMET offers a complete API for payment integration. The API supports protocols including SIP and H.323 (RFC 2833) for call center IVR connections. Developers can integrate via SDKs, ecommerce plugins, templates, and technical support. Documentation is available in both Spanish and English. Developer documentation is at docs.paycomet.com/es.
What industry is PAYCOMET in?
PAYCOMET's product category is Payment Gateway / Payment Processing. Its primary akta.pro industry code is FSAGABAA, Payment Orchestration Platforms, with a secondary code of FSAMABAF, Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management). Its NAICS code is 52232 and its SIC code is 6159.