The company will provide payment tools to online stores and service providers on the internet. The company’s API enables merchants to integrate an online payment system. Paymill integrates with a merchants website and does not require a customer to be redirected to make a payment.
The company currently operates in 37 countries across Europe and has a particular emphasis on online card payments.
In January 2013, Paymill has raised EUR 10 million in a funding round from the investors Rocket Internet, Holtzbrinck Ventures, RI Digital, Sunstone Capital and Blumberg Capital.
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