Computop, a leading global payment processor, and Raiffeisen Bank International (RBI), which specialises in cashless payments in Central and Eastern Europe, have announced that their cooperation is to be enhanced further to propagate the expansion of omnichannel payments. This will enable merchants connected to the Computop Paygate payment platform to gain access to local acquiring connections in thirteen CEE countries and in Austria.

With the well-known Danish window manufacturer, VELUX, among the first customers to take advantage of the new arrangement, Computop and RBI are enabling merchants and service providers to expand their businesses into Eastern European countries. They are being supported with a versatile payment platform and central credit card acceptance through RBI’s regional network. This applies to both traditional retailers and e-commerce merchants and to any company that sells goods using an omnichannel strategy.

With the support and billing of credit cards being handled by RBI’s headquarters in Vienna, merchants can now take advantage of opportunities to sell to customers in Austria, the Czech Republic, Slovakia, Hungary, Croatia, Serbia, Bosnia and Herzegovina, Kosovo, Albania, Bulgaria, Romania, Russia, Ukraine and Belarus.

“The partnership with Raiffeisen Bank International occupies a special position in our portfolio of over 60 acquirer connections”, explains Computop CEO Stephan Kück. “It enables us to facilitate local acquiring in a region which offers great potential. The position of trust of a major Austrian bank, many years of experience and good knowledge of local markets are three essential assets for our customers to become more involved in Eastern Europe”.

Andrii Stepanenko, RBI board member for retail banking, emphasises: “For us the partnership with Computop is an ideal combination which strengthens our core competence in the Eastern European market with customers of the leading payment service provider in German e-commerce. Together we can promote the networking of channels towards genuine omnichannel business in this region too”.