Payments

The trusted partner for better bank payments

Break free from expensive fees and clumsy payment solutions. Powens’ platform offers automated pay-in and pay-outs with trusted, instant fund transfers that will delight your customers and your CFO.

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  • 16,000+
IBAN accounts issued
  • 2,5 Bn€Total payment volume processed in 2025
  • 450,000+Monthly pay-outs
Solution

A full-stack solution for cost-effective, automated pay-ins and pay-outs

Unlimited IBAN accounts (for you or your users). Direct Debit, Pay by Bank and Card pay-ins. Direct Debit and Instant SEPA pay-outs. All delivered with one API, and one Dashboard.

Cash-out funds instantly with SEPA Instant Transfers, at anytime, any day. Beneficiaries receive funds within 10 seconds – and still with no percentage fee on amounts.

All our accounts and payment solutions can be operated via API, and embedded directly into your app.

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Benefits

Grow margins and revenue with a custom banking infrastructure

  • Cut costs & manual work

    No percentage fees on Direct Debits, Pay by Bank or Instant Transfers. No more manual payment with API automation.

  • Automate accounting

    Virtual IBANs and tracked payment methods. All linked to your master IBAN accounts, to reference every transaction automatically.

  • Build banking features

    Start generating banking revenue with embedded accounts and explore new geographies with a single API that covers the whole SEPA area.

How it works

Open accounts. Issue IBANs. Start receiving and sending

Featured Products

Flexible payment capabilities to meet every use case

  • Product icon card

    Accounts & Virtual IBANs

    The backbone of your custom payment automation 
infrastructure. More info
  • Product icon euro

    Instant Transfers

    Instant SEPA pay-outs for instant experiences. More info
  • Product icon direct euro

    Direct Debit

    The easiest way to collect recurring payments, automatically. More info
  • Product icon paybybank

    Pay by bank

    A simpler and faster way to get paid with open banking payments. More info
  • Add-on icon paybycard

    Pay by Card

    Powens partners with leading PSP PayNoPain to enable Debit Card & Credit Card pay-ins.
  • Product icon bank check

    Bank ID Check

    Protect your operations at scale with real-time bank identity checks. More info

“Beyond Powens’ highly effective technical solution, we benefited from the teams’ excellent responsiveness”

Morgan Trévily Head of Development, Payment Solutions
Explore our customer stories
Use Cases

Scale payment operations on all use cases

  • Pay-ins

    Pay by Bank removes the transaction limits typical of card payments. Ideal for high-value purchases in travel, home goods or B2B commerce — with instant confirmation and no interchange fees.
    Let users fund wallets via Pay by Bank for a cost-effective alternative to cards. Particularly suited for international transfer services and iGaming platforms that need fast, high-volume top-ups without chargebacks.
    Enable investors to top up trading accounts with Pay by Bank or recurring Direct Debits. No card limits, no expiry dates — just seamless, large-amount funding that settles instantly.
    Embed Pay-by-bank links directly in sales invoices. Debtors pay in one click from their bank app, and funds arrive on your customer's account within seconds — accelerating invoice-to-cash cycles.

  • Pay-outs

    Disburse loan proceeds in under 10 seconds with SEPA Instant Transfers, 24/7. Borrowers receive funds immediately after approval, dramatically improving the lending experience.
    Transfer rewards and cashback directly to users' bank accounts in real time. Instant payouts create a compelling loyalty loop and eliminate the friction of vouchers or delayed settlements.
    Automate supplier payments and expense reimbursements with bulk Instant Transfers. Pre-fill beneficiary details via API, trigger payments programmatically and reconcile automatically with Virtual IBANs.
    Move funds between accounts instantly, at any time of day. 24/7 Instant Transfers let treasury teams optimize cash positions in real time instead of waiting for next-day batch processing.

  • Compliance & fraud

    Retrieve the payer's account balance and transaction history to identify primary accounts and prevent fraud.
    Verify that the IBAN belongs to the declared account holder before processing any payment. Bank ID Check retrieves ownership data directly from the bank, reducing misdirected payments and fraud.
Why Powens

Why payment providers love Powens

  • Trusted Open Banking & Embedded Payments leader

    As a licensed payment institution and electronic money institution, we support more than 300 customers, including global banks.

  • Integrated platform

    Our platform integrates account & IBAN solutions together with a full range of SEPA pay-in and pay-out solutions. Operated via dashboards and API.

  • European coverage

    We are authorized to provide our services across the European Union. Bank payments are available across the SEPA area.

Book a meeting with a bank expert

Let’s build the future of Open Finance together

Interested in becoming a partner? Contact us and our team will get in touch with you.

Powens’ Payments solution is a full-stack platform for cost-effective, automated pay-ins and pay-outs. It includes unlimited IBAN accounts, Direct Debit and Pay by Bank pay-ins, card payments (via partner PayNoPain), and Instant SEPA pay-outs — all delivered with one API and one dashboard.

Powens charges no percentage fees on Direct Debits, Pay by Bank or Instant Transfers. Payments are automated via API, instant (funds reach beneficiaries in under 10 seconds), and available 24/7. Additionally, Powens is the only provider combining embedded payment services with Open Banking connectivity for enhanced security and fraud prevention.

Pay-in methods include Direct Debit (recurring automated collection), Pay by Bank (one-click bank payments), and Pay by Card (via partner PayNoPain). Pay-out methods include SEPA Instant Transfers (settlement in under 10 seconds, 24/7). All methods are linked to IBAN accounts with Virtual IBANs for automatic reconciliation.

Powens’ bank connectivity supercharges payments by reducing fraud rates (verifying bank identity before payments), reducing payment failures (checking account balances before debits), reducing defaults (monitoring borrower financial health), and streamlining accounting reconciliation (matching payments with bank transaction data).

Leading PSPs (Vendo, Docaposte) and international payment apps (IBANFirst, Orange Money, RIA).

Powens has issued 16,000+ IBAN accounts, processes 450,000+ monthly pay-outs and 420,000+ monthly pay-ins, for a total payment volume of 2.5 Bn€ processed in 2025. All operations are available across the SEPA area (36 countries).

Frequently Asked Questions