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Germany
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Expand Across Europe with Open Banking Infrastructure
Germany has traditionally relied on bank transfers more than many European markets. Instant payments, Pay by Bank and Wero are expected to play an increasingly important role alongside cards.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
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Supported Payment Methods
Open banking in Germany is transforming the way consumers and businesses conduct transactions, enabling secure and efficient bank transfers through innovative technology. By allowing users to authorize third-party providers to access their bank account information, open banking facilitates seamless payments directly from bank accounts. As of 2024, the adoption of open banking is rapidly increasing, with projections indicating that the market could exceed $130 billion by 2030 and user numbers surpassing 100 million.
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Reasons for Popularity
Rapid Adoption: Open banking adoption in Germany has surged since the implementation of the EU's Payment Services Directive 2 (PSD2) in 2018. As of 2023, nearly 950 fintech companies operate in the country, driving innovation and expanding the open banking ecosystem, which is projected to account for 5% of total payments by 2028
Enhanced User Experience: Open banking facilitates instant account-to-account (A2A) transfers, allowing users to complete transactions quickly without the need for manual IBAN entry. This streamlined process not only improves transaction speed but also reduces friction, making it a preferred choice for consumers who value efficiency
Increased Security and Trust: Open banking is built on robust regulatory frameworks that prioritize consumer protection and data security. The integration of standardized APIs enhances trust among users, encouraging them to engage with open banking solutions confidently
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
