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Paynovate Reviews 24

TrustScore 3 out of 5

2.8

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Company details

  1. Non-Bank Financial Service
  2. Alternative Financial Service
  3. Card Processing Service
  4. Financial Institution
  5. Money Transfer Service
  6. Payment Service

Written by the company

We're Paynovate, a licensed Electronic Money Institution based in Belgium, and part of the Loyaltek Group. We work with B2B businesses across the EEA and the UK, giving them the payment infrastructure they need to operate with confidence. Whether you're scaling a platform, managing complex fund flows, or simply looking for a more reliable way to handle payments, we're built for exactly that kind of environment. Being a principal member of Visa, Mastercard, and Bancontact-Payconiq means we can offer something genuinely useful, one place to manage accounts, issue cards, and accept payments. All without having to stitch together multiple providers. About our accounts, we provide real IBAN accounts with structured fund flows, so your business can collect, hold, and pay out funds in a way that makes operational sense. We understand that for many businesses, how money moves internally matters just as much as how it moves externally. With our card issuing we help you put cards in the right hands, quickly and compliantly. Whether that's for your employees, your customers, or as part of a broader embedded finance offering, we provide the infrastructure behind it, so you don't have to build it from scratch. Thanks to our card acquiring, whether it's e-commerce or face-to-face, we make accepting card payments simple and dependable. Our acquiring services are backed by direct scheme membership, which means greater stability and fewer intermediaries standing between you and your transactions. We're here to make payment infrastructure feel less like a headache, and more like a solid foundation your business can grow on.

Our Promise

Written by the company

One platform. Multiple payment capabilities.
Paynovate brings acquiring, issuing, IBANs and terminals together in one place, designed to scale for partners and merchants. We combine flexible commercial models with robust compliance foundations to help customers onboard and grow with confidence.

Contact info

2.8

Average

TrustScore 3 out of 5

24 reviews

5-star
4-star
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1-star

Replied to 16% of negative reviews

Typically takes over 1 month to reply

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Rated 1 out of 5 stars

I have been waiting on a payment for…

I have been waiting on a payment for over 3 weeks and everyday I call to ask them when the payment will arrive. They have no idea, customer service is very poor. I don’t think it’s their fault they just don’t know how the company works.

1 September 2025
Unprompted review
Rated 5 out of 5 stars

Great experience

I could not be happier with Paynovate's solutions. I have been a happy customer for +1 year and never experienced any issues with their solution, nor their team: consistently fast response and flawless technology.

14 August 2025
Unprompted review
Rated 5 out of 5 stars

Paynovate is a Trusted Banking Partner

Paynovate is a Trusted Banking Partner. We have opened with them more than 100 IBAN’s within 3 months. Their team is really professional and customer oriented. I recommend 100% Paynovate for their IBAN & Open Banking Solutions.
Founder & CEO NextGen Payment

1 July 2025
Unprompted review
Show reviews in all languages. (24 reviews)

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