Akurateco Partners with PAYSTRAX to Expand European Payment Capabilities

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.