Deutsche Bank selects Silverflow for card acquiring services

Thursday 20 May 2021 10:04 CET | News

Deutsche Bank and Silverflow have teamed up to support the bank’s payments strategy with two new payment services, which are expected to launch in Autumn 2021.

First, Deutsche Bank aims to support PSPs across Europe and the US to accept debit and credit card payments through Silverflow’s cloud-based card acquiring service. The cloud-native company will also provide new solutions for Deutsche Bank corporate banking customers.

Initially launching in Germany, Silverflow’s will provide access to its machine-learning powered merchant chargeback API to manage disputed payments from card issuers on behalf of a cardholder. This approach aims to automate a manual mail and fax-based process for merchants.

Silverflow is a global payments technology company, that offers a cloud-based platform which provides direct access to the card networks for payment services providers, merchants, and acquirers. Based in Amsterdam, Silverflow is backed by Crane Venture Partners, INKEF Capital and notable angel investors from Pay.On, First Data, Mastercard,, and Adyen.

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Keywords: partnership, Acquirer, Deutsche Bank, merchant, chargebacks, PSP
Categories: Payments & Commerce
Countries: Germany
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Payments & Commerce

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