Ratepay becomes the exclusive payment by invoice partner for "PayPal Checkout" in Germany.

German online merchants who use PayPal Checkout will be able to offer their customers
white label payment by invoice from Ratepay going forward.

Ratepay, part of Nexi Group, enters payment partnership with PayPal: the white label payment by invoice from Ratepay can be offered by any German merchant who works together with PayPal and has been checked accordingly. Ratepay takes over the complete processing with the buyer in the background as well as the default risk. The connection is made possible by Ratepay's new Payment API 2.0, which allows Ratepay payment methods to be integrated flexibly, scalable and easily with online payment service providers such as PayPal.

White label payment by invoice enjoys higher trust among customers than branded payment by invoice solutions and leads to the highest conversion rate and the lowest purchase abandonment rate. This is mainly because customers remain in the familiar shop environment and are not led out of the merchant checkout.

PayPal has over 425 million customers worldwide and more than 29 million customers in the DACH region. For Ratepay, the cooperation with PayPal is another milestone on the way to shaping the payment of the future and expanding its position as a leading white label provider.