Rocket Internet’s PAYMILL and Shopify team up in Europe

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Shopify, a leading e-commerce platform which enables customers to create and power online stores, teamed up with PAYMILL, a European payment service provider founded by Rocket Internet. Together, they are aiming to provide their customers the easiest and most convenient online payment option available.

Shopify allows entrepreneurs to open up their own online shop and distribute their products online. So far, more than 50.000 merchants have sold millions of products via Shopify. With this cooperation, Shopify aims to boost adoption in the European market.

Louis Kearns, Director of Payments of Shopify: “We are thrilled to offer PAYMILL to our expanding community of e-commerce merchants across Europe. PAYMILL provides Shopify stores with an easy-to-use payments solution that is quick to set up and widely available. They’ve successfully optimized merchant account creation times to a level where most Shopify stores will be approved to accept credit card payments in less than a day or two. By combining PAYMILL and Shopify, aspiring entrepreneurs from across Europe will enjoy a new level of simplicity and elegance when launching their web shops, receiving their first orders, and accepting payments.”

Jörg Sutara, Managing Director of PAYMILL: „We are proud to welcome Shopify, the leading e-commerce platform as our partner. As a logical consequence after their great success in North America, they are now conquering Europe. We are honored to be the preferred payment gateway for their new region.“

PAYMILL was founded in 2012 and is headquartered in Munich. The young company operates in 37 countries across Europe and other regions. PAYMILL is currently funded by Rocket Internet, Holzbrinck Ventures, Sunstone Capital and Blumberg Capital.