Product news
Get paid faster, no manual data entry: our payment request feature is here!
Business services
Why card payments fail at checkout and how merchants can prevent them
Business services
SEPA vs. SEPA Instant: What merchants need to know
Product news
Month in review: March 2026
Business services
Open Banking and SEPA payments: how they work together at checkout
Open Banking in Europe was established under PSD2 and is evolving from a regulatory requirement into something much bigger. It is reported that Europe now accounts for 31.30% of the global Open Banking market. Meanwhile, the EU has around 64 million Open Banking users, and Europe represents 46% of global API offerings. What does it mean to merchants specifically? If you’ve been running an online business in Europe for any length of time, you already know how frustrating card payments can be, and so do your customers. The fees that chip away at every transaction, and then more fees. A
Product news
Get paid faster, no manual data entry: our payment request feature is here!
Time is your most precious resource. Our team constantly works to ensure you can save as much of it as possible by improving the speed and quality of our services. And today, we are unveiling a new feature that does exactly that! Introducing a payment request – a new service available for all our clients. And, what’s more, even people who don’t use Genome! Using it, you can request payments in seconds using a simple link or QR code! How the payment request feature works Instead of manually sharing IBAN or account details, you can create a payment request and
Business services
Why card payments fail at checkout and how merchants can prevent them
Every year, merchants watch as a significant percentage of customers drop off at the final stage of checkout. And it is not always because shoppers changed their minds, but because something went wrong at the payment step. Failed card payments are a problem, and there are many reasons for the phenomenon. Recently, Mastercard noted in its checkout research that 8 out of 10 online shoppers abandon their shopping cart. On average, among every 100 customers, around 80 abandon the purchase after adding an item to the cart. At the same time, the Baymard Institute calculated that the US and EU
Business services
SEPA vs. SEPA Instant: What merchants need to know
Fast and reliable payments are no longer a competitive advantage, at least in the EU. It is a surface-level expectation because they directly impact conversion rates, liquidity, and customer trust. Whether you’re running an e-commerce store, a fintech platform, or a subscription-based business – it doesn’t matter – the ability to move money efficiently across borders is a must-have these days. In Europe, we rely heavily on the Single Euro Payments Area (SEPA). It is designed to standardize euro-denominated transactions across the region. However, do you know the difference between SEPA vs. SEPA Instant? While both systems are widely used,
