Payten

Name

Payten

Legal name

Payten Teknoloji Anonim Şirketi

Website

https://payten.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment gateway services
• Card acquiring solutions
• POS terminal management
• ATM network services
• Fraud prevention platform

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Payment Processing Services: Transaction-based fees from processing payments across POS, ATM, and e-commerce channels for financial institutions and merchants.
2. Software Licensing & Subscriptions: Licensing of payment software solutions (payment gateway, tokenization, fraud prevention) to financial institutions with annual support contracts.
3. ATM & POS Infrastructure Services: Managed services for ATM and POS network infrastructure including maintenance, monitoring, and outsourcing services. Serves 1.3M POS units and 10,800 ATM units.
4. Fintech Suite Solutions: Turnkey fintech solutions for fintech and e-money institutions including payment gateway, virtual POS, wallet solutions, open banking, and AI-powered fraud prevention.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Payten provides end-to-end payment solutions including the NestPay payment gateway, Payten Payment Gateway, Paratika virtual POS, InACT fraud prevention, Loyalty4All loyalty engine, mobile/SoftPOS acceptance, and ATM/POS managed services. Offerings are targeted at banks, financial institutions, e-commerce merchants, fintech companies, and enterprises across 43 countries in Central, Eastern, and Southern Europe as well as Turkey. The company also operates Paratika as a licensed payment facilitator in Turkey and provides ATM/POS outsourcing via 100+ service centers.

Product overview

Payten is a comprehensive end-to-end payment solutions provider operating as part of the Asseco South Eastern Europe (ASEE) Group. The product portfolio consists of a multi-layer architecture: At the core, NestPay serves as the e-Commerce Secure Payment Platform (Payment Gateway) for banks, while Payten Payment Gateway serves as the merchant-facing e-payment platform with smart transaction routing (Smart Switch), tokenization, one-click payment, and recurring payment capabilities. Paratika, a licensed payment facilitator subsidiary, provides a virtual POS solution with single-integration access to multiple banks and holds TCMB (Central Bank of Turkey) operating approval. The turnkey Payten Fintech Suite integrates all these capabilities — including Payment Gateway, Virtual POS, Alternative Payment Methods, Wallet Solutions, Open Banking, Money Transfer Services, Account Consolidation, Reconciliation, Dealer Collections, Android POS, Card Tokenization, Mobile Solutions, Secure IVR, Shopping Credit Integration, and the AI/ML-powered ASEE InACT Antifraud Hub — into a unified Super App ecosystem for fintech and e-money institutions. Supporting modules include Loyalty4All (loyalty execution engine), InACT (enterprise fraud/risk management), Mobile Payment with TAC-based closed-loop payments and cardless ATM support, B2B Online Collection, and SoftPOS (software-based POS turning Android devices into acceptance terminals). The ecosystem connects 1,300,000+ POS units across 14 countries, 10,800+ ATM units across 7 countries, and processes 2.2 billion eCommerce transactions annually.

Differentiator

Problem solved

Functional benefit

Brands

• NestPay: E-commerce secure payment platform developed by Payten for banks to offer card acquiring services to web merchants
• Paratika Virtual POS
• Payten Fintech Suite
• Loyalty4All
• InACT
• Merchant Safe Unipay
• Payten Payment Gateway

Products and services

• NestPay Payment Gateway E-Commerce Secure Payment Platform (Payment Gateway) enabling banks to offer card acquiring services to their web merchants. Supports rich transaction sets, parametric rule-sets, multi-currency/multi-language, 3D Secure, loyalty and installment support, and API integration (Java, .Net, XML, ASP, PHP). Targets financial institutions.
• Payten Payment Gateway Merchant-facing comprehensive e-payment platform integrated with all bank payment gateways, payment institutions, and alternative payment methods. Offers smart transaction routing (Smart Switch), card tokenization, one-click payment, payment links, recurring payments, campaign and installment management, and B2B payment collection in PCI-DSS Level 1 certified environment. Targets online merchants and enterprises.
• Paratika Virtual POS Licensed payment facilitator offering a single-integration virtual POS solution that allows merchants to accept payments from multiple banks without separate bank agreements. Includes card tokenization, single-click payment, fraud control, and omnichannel reconciliation. Holds payment facilitator license approved by Turkey's Banking Regulation and Supervision Agency. Targets online merchants in Turkey.
• Payten Fintech Suite Turnkey end-to-end fintech ecosystem covering payment gateway, virtual POS, alternative payment methods, wallet/e-wallet, open banking, money transfer, account consolidation, reconciliation, dealer collections, Android POS, card tokenization, mobile solutions, secure IVR, shopping credit integration, and the AI/ML-powered InACT Antifraud Hub. Targets fintech and e-money institutions.
• InACT Fraud Prevention Platform Enterprise-wide risk management and fraud detection platform covering issuing fraud, acquiring fraud, internet/mobile banking fraud, call center fraud, and internal employee fraud. Supports real-time, near real-time, and batch scoring with GUI-based scenario creation, case management, geolocation analysis, and device profiling. Targets banks and financial institutions.
• Loyalty4All Loyalty execution engine with point-based systems, voucher gifts, multi-dimensional data research, behavioral segmentation, and cross-loyalty synchronization. Calculates awards and redemptions online for banks and merchants to maximize customer retention and ROI.
• Merchant Safe Unipay / Intelligent Payment Routing Electronic payment solution integrating multiple banks' virtual POS infrastructure with a smart 'switch' that routes payments to the most appropriate bank based on rules and priorities, helping merchants minimize transaction costs. Provides PCI-DSS compliant card data storage for future payments. Targets online merchants.
• Tokenization / Fast Check Out Card tokenization solution generating unique token indices for stored cards, with sensitive data held in PCI-DSS certified Payten environment. Supports online single card tokenization, batch card loading, card update/cancellation, and card group management. Enables one-click payments and recurring billing. Targets merchants and financial institutions.
• B2B Online Tahsilat (B2B Online Collection) Comprehensive solution enabling companies to collect payments from dealers, dealers to pay the main company, and dealers to collect from end customers. Includes smart payment routing, SMS/email payment links, one-click payment via tokenization, multi-credit-card single-transaction payment, commission reflection, and ThreatMetrix fraud prevention integration. Targets B2B businesses with dealer/distributor networks.
• Mobile Payment (Closed Loop) Mobile payment service enabling end-users to perform payments at stores using their mobile phone via TAC (Transaction Authentication Code) submitted to the merchant's POS. Also supports cardless ATM cash withdrawals. Comprises a Payments Gateway for frontend connectivity and Mobile Wallet for user/account/payment data management. Targets merchants and financial institutions.
• SoftPOS by Payten Software-based point-of-sale solution that turns any Android mobile device into a contactless payment acceptance terminal without dedicated POS hardware. Available for both financial institutions and merchants.
• Payten Secure IVR Interactive Voice Response payment solution enabling secure phone-based payments used for B2B and merchant payment collection via the phone channel.

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Smarttek Yazılım Teknolojileri A.Ş.coreTechnology or Integration · 7 February 2022Acquired in February 2022, Smarttek brings expertise in mobile and smart card payment systems, expanding Payten's portfolio with Android POS payment systems, mobile wallet, and mobile payment systems. The acquisition strengthened Payten's capabilities in closed-loop smart card payments and NFC/RFID technologies.
• LexisNexis Risk SolutionscoreTechnology or IntegrationPayten is the only company with authorized distributorship in Turkey and Southeast Europe for LexisNexis ThreatMetrix fraud prevention solutions. The partnership provides digital identity intelligence and real-time fraud detection using data from 1.4 billion users, 1.5 billion mobile devices, 750 million emails, and 700 million IP addresses.
• Asseco South Eastern Europe (ASEE)coreStrategic or Co-development PartnerPayten is a subsidiary of ASEE Group, one of Europe's largest IT companies quoted on the Warsaw Stock Exchange. ASEE provides capital backing, group synergies, and shared technology platform across 43 countries.
• Paratika Ödeme Hizmetleri A.Ş.coreStrategic or Co-development PartnerA licensed payment institution (TCMB approved) and Payten subsidiary operating as a payment facilitator. Offers virtual POS services with up to 97% successful transaction rates and serves as part of Turkey's largest e-payment ecosystem with 25+ banks and 45,000+ merchants.
• Necomplus GroupminorChannel Partner/ Reseller/ DistributorRegional partner operating in Portugal, Andorra, Colombia, Dominican Republic, and Peru. Provides payment solutions and services under ASEE partnership agreements.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EVO Payments: Payment processor and merchant acquirer with strong European and US presence. Comparable to Payten in payment processing, gateway, and ATM/POS services, with overlapping enterprise merchant segments.
• PayU: Global payment service provider with strong emerging market presence, particularly in Central and Eastern Europe, Turkey, and India. Directly competes with Payten in e-commerce payment gateway and acquiring for merchants in overlapping geographies.

Broad incumbents

• Worldline: European payment processor and merchant acquirer offering POS, online acquiring, and financial services across Europe. Comparable to Payten in merchant acquiring and ATM/POS services, but operates at much larger scale with broader Western European footprint.
• Stripe: Global payment infrastructure provider offering payment processing, fraud prevention, and financial services for internet businesses. Comparable to Payten in online payment gateway and fraud prevention, and a direct competitor in CEE merchant acquiring.
• Adyen: Global payment processor offering unified online, mobile, and POS acquiring. Comparable to Payten in providing payment gateway, fraud prevention, and processing services, though Adyen focuses on enterprise merchants globally.
• Nexi: Italian-headquartered European paytech offering acquiring, issuing, and payment infrastructure across multiple European markets. Comparable to Payten in providing end-to-end payment solutions to banks and merchants, with strong Southern European presence.
• Checkout.com: Global payment processor offering unified acquiring, fraud prevention, and optimization. Comparable to Payten in payment gateway and merchant acquiring, with growing European footprint and competitive pressure on European PSPs.

Regional players

• Verifone: Global POS hardware and payment solutions provider. Comparable to Payten in POS terminal management and integrated payment software, with broader global presence but less depth in CEE banking relationships.
• Ingenico (part of Worldline): POS terminal and payment software provider now part of Worldline. Comparable to Payten in POS infrastructure, ATM services, and integrated payment solutions, with stronger Western European footprint.
• iDEAL (Currence): Dutch payment scheme and processor. While more regionally focused, comparable in operating national-level payment infrastructure integrated with bank partners — similar model to Payten's NestPay/Paratika.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/Asseco_SEE
• YouTubeyoutube.com/user/AssecoSEE
• LinkedInlinkedin.com/company/payten

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Payten