Akurateco Partners with PAYSTRAX to Expand European Payment Capabilities
By Lauren Towner · 17 August 2025
Akurateco, a leading white-label payment software provider, announced that it has partnered with PAYSTRAX – a licensed European payment institution headquartered in Vilnius, Lithuania – to expand its acquiring and processing services across Europe.
Under this collaboration, PAYSTRAX will serve as one of Akurateco’s provider partners, integrating its acquiring services for Visa, Mastercard, and alternative payment methods. This integration will drive better transaction approval rates, support multi-currency settlement, and offer efficient onboarding – all accessible through Akurateco’s unified API platform.
“Partnering with PAYSTRAX enables us to offer Akurateco clients seamless access to a fully licensed European acquirer based in Lithuania,” said Andrew Riabchuk, Founder and CTO of Akurateco. “This alliance bolsters our mission to connect merchants with the best-suited payment infrastructure in each market.”
Founded in 2018, PAYSTRAX operates from four international offices: Vilnius (LT), Klaipėda (LT), Reykjavik (IS), and Brighton (UK).
The PAYSTRAX integration is now live for Akurateco’s client network. Businesses can quickly onboard via a singular API endpoint and begin processing payments across European markets without separate acquirer integrations.
About the companies
PAYSTRAX
Website · 6 stories on FF News since 2023
Previously on FF News:
- PAYSTRAX to Create Up to 150 New Fintech Jobs in Lithuania as It Scales Operations Across Vilnius and Klaipėda 9 March 2026
- PAYSTRAX Acquires UK-Based Fintech Nochex 12 October 2025
- PAYSTRAX Has Selected Featurespace to Tackle Fraud Across Europe, Demonstrating the Strength of Its Fraud Prevention Technology 1 August 2024
Akurateco
Website · 29 stories on FF News since 2024
Previously on FF News:
- Akurateco Achieves High-Level NIS2 Cybersecurity Qualification from Portugal’s CNCS 12 November 2026
- Akurateco Achieves ISO/IEC 27001:2022 Certification to Bolster Payment Security and Compliance 21 October 2026
- Akurateco Partners with viaSocket to Deliver No-Code Payment Automation for 2,300+ Apps 16 October 2026
Companies in this story: PAYSTRAX, Akurateco
People in this story: Andrew Riabchuk