A year to remember for PaynoPain: 22% more business, 20% more clients and 15% more staff.

The beginning of a new year is a great opportunity to take note of what has been achieved and set new goals. From PaynoPain, we want to take advantage of these dates to review what 2023 has meant for us and share with you the details of a year full of growth and what we expect from 2024.

Closing 2023: business, clients and PaynoPain team

Our business has experienced an incredible 22% increase in the last 12 months. This growth goes hand in hand with an impressive 20% increase in the customer base compared to 2022. And that’s not all! The company’s organic growth has also meant the expansion of our team, which has expanded by almost 15%. This growth allows us to continue to offer market-leading payment services and continue our upward trajectory.

Looking back since our founding in 2011, we have reached a payment handling of almost 993 million euros in 2023, a 20-fold increase in size in just 12 years Impressive! Our innovative technology has streamlined more than 18 million financial transactions, highlighting our ability to drive transaction efficiency.

Contactless payments: user experience at the forefront

For PaynoPain, the year 2023 was synonymous with hard work and continuous improvement. At the beginning of the year we introduced Apple Pay to our portfolio of payment methods, allowing merchants to offer their customers the convenience of paying from their iPhone or Apple watch. This step reinforces our commitment to contactless payments, adding to the other options available on our Paylands payment gateway such as Google Pay and Bizum.

In addition, we launched hosted checkout, a payment form that frees merchants from the responsibility of managing sensitive information, providing protection to both customers and the business. The checkout is activated by clicking “pay”, redirecting the buyer to a secure platform where they enter their banking information. After completing the transaction, the checkout page closes, returning the shopper to the store’s site. This method ensures that the store does not have access to sensitive shopper data, such as banking information.

And for those looking for simplicity in payments, we present Tap to Pay by Paylandsa solution that transforms mobile devices into dataphones, perfect for local businesses, restaurants, as well as freelancers or freelance professionals who travel frequently and need a payment solution to accept card or wallet payments in a simple and convenient way.

Looking ahead: goals for 2024

In the coming year, we aim to expand our presence in Europe, focusing on promising markets such as France and Romania. Simultaneously, we are in the process of applying for a new e-money license from the Bank of Spain, an initiative that will not only expand our portfolio of services, but also represent a substantial improvement over existing ones.

Jordi Nebot, our CEO and co-founder, shares his enthusiasm: “We constantly strive to provide state-of-the-art solutions and leading payment technology to key sectors such as ecommerce and tourism. While 2023 was a fantastic year for us, this year has exceeded our expectations, and we maintain a positive outlook towards the future. We firmly believe that the best is yet to come.”