Qori launches multi-channel Pay by bank and Pay by crypto acceptance for stores

With the official launch of its product, Qori will enable over 350 million European consumers to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

Qori’s mission is to transform the payment experience for merchants, their clients, and their payment partners, by offering a fully digital, multi-channel, and cheaper alternative to card payments, combined with innovative client engagement features. 

The company also announced the completion of a EUR 1.8 million seed funding round and the official launch of its product on the European market. 

After months of product development, the company releases its Pay by bank and Pay by crypto solutions to merchants through signed partnerships with European PSPs (payment services providers), terminals distributors, ecommerce integrators, as well as SmartPOS manufacturers, with an initial focus on France, Spain, and the UK. 

Qori will use the funds to expand its development team and deploy its product at scale into the luxury, hospitality, and lifestyle sectors, with its payment partners, as well as online marketplaces.