PAYONE
PAYONE is a payment service provider that helps merchants accept cashless payments in shops, online and on mobile devices. Its services include terminals and online connections for processing the payment method a customer chooses. Merchants use that infrastructure to connect a sale with payment processing and the subsequent payout to their business account.
PAYONE is a joint venture of Worldline and the DSV Group, which belongs to the German savings banks organization. Businesses can offer several payment methods through its services without building every technical connection themselves. PAYONE also supports Wero acceptance for German online shops, connecting account-based payments with a merchant's checkout.
What PAYONE is
PAYONE provides services in Germany and Austria for in-store, mobile and online payments. PAYONE reports 5.4 billion transactions a year for 277,000 customers, about 1,300 employees at three locations, and names Deutsche Bahn and Rossmann among its customers (PAYONE). Worldline holds 60 percent of the company and the DSV Group 40 percent (Worldline).
Wero in German online shops
PAYONE offers Wero to merchants and service providers across Germany, as an acquirer and a licensed payment service provider. After pilot transactions with selected merchants, its membership in the European Payments Initiative lets it accept Wero in online shops, with acceptance in stores planned from 2026 (PAYONE). PAYONE lists buyer protection, explicit consumer consent for each payment, fewer chargebacks and low transaction costs among the benefits for merchants. Wero runs on instant transfers between bank accounts; What is Wero? explains the wallet, and instant payments in Europe the rules that made instant transfers standard.
Acquiring tied to the savings banks
As an acquirer PAYONE signs up merchants, accepts their card payments and pays out the funds. Through the DSV Group, the service company of the savings banks, PAYONE is tied to the Sparkassen network. Merchant acquiring explains what an acquirer takes on, and card payments in Germany covers girocard and the fees a merchant pays.
Upcoming payments events in Europe
Payments & Digital Money
Risk & Compliance
Who owns PAYONE?
Worldline holds 60 percent of PAYONE and the DSV Group of the German savings banks holds 40 percent. PAYONE runs as an independent joint venture within Worldline's merchant services.
Does PAYONE offer Wero?
Yes. PAYONE offers Wero acceptance in online shops to merchants across Germany, as an acquirer and licensed payment service provider, with acceptance in stores planned from 2026.
Where is PAYONE based?
In Frankfurt am Main. PAYONE serves merchants in Germany and Austria from three locations.
Acquiring and account payments
PAYONE and Finance Loop
Finance Loop covers acquiring and Wero in its Payments & Digital Money track.
Partnership managers connecting acquiring services with merchant distribution can discuss relevant retail and banking audiences with Finance Loop. An inquiry about payments partnerships should explain the acceptance use case, target region and professional relationships your company needs.
Finance Loop is a European professional network for emerging technologies in finance, with Central Europe as the current regional focus. Finance Loop helps members build skills and professional relationships across these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.