finAPI and Shopware announce partnership: Pay by Bank plugin for Instant Payments now available

Munich, October 28, 2025 – finAPI, one of Europe’s leading Open Banking providers, and Shopware, the leading open commerce platform, today announced their partnership. With the new Pay by Bank plugin, now available in the Shopware Store, merchants can offer payments via Instant Payments and standard SEPA transfers directly in their shops.

Account-to-account payments for a modern checkout experience

The plugin brings a simple and secure solution to the Shopware checkout: customers pay directly via their familiar online banking – without additional registration or wallets. Funds are transferred directly from the customer’s account to the merchant’s business account, enabling faster settlement, more transparency, and lower costs in the payment process.

Growing trend in online commerce

Account-to-account payments are gaining rapid traction worldwide. According to a study by Juniper Research, the global transaction volumes are expected to rise from USD 1.7 trillion in 2024 to USD 5.7 trillion by 2029 – an increase of 230 percent. The new Instant Payments Regulation (EU) 2024/886 is adding further momentum to this trend. Since October 9, 2025, all payment service providers in the euro area, including banks and other financial institutions, have been required to offer Instant Payments. As a result, account-to-account payments will play an increasingly important role in e-commerce.
finAPI brings extensive experience to this development: every month, the platform processes payments worth more than EUR 7 billion.

“With regulatory requirements and the forecast market growth, we see account-to-account payments becoming an important addition to the payment mix. Together with Shopware, we are enabling merchants to take advantage of this shift early – efficiently, securely, and with clear benefits in payment processing”, says Peter Hiekmann, VP Sales at finAPI.

Easy onboarding for merchants

The Pay by Bank plugin has been designed for fast and seamless integration. Merchants benefit from a transparent pricing model: no fixed fees, transaction-based costs only, and full flexibility with monthly cancellation.

We are delighted to be partnering with finAPI. The Pay by Bank plugin enables merchants to enhance their checkout with a contemporary and efficient payment method that delivers fast and secure payment processing”, says Alexandre Antoniotti, Head of Partnerships at Shopware.

To mark the launch, finAPI offers merchants who order the Payment plugin by January 31, 2026, the opportunity to test it free of charge for the first two months.

About finAPI

finAPI GmbH is one of Europe’s leading open banking providers and is licensed by BaFin as an account information and payment initiation service provider. The Munich-based company has been developing and implementing high-quality software and solutions for the aggregation and analysis of financial data since 2008. Its focus is on the areas of Open Banking, Data Intelligence, KYC, and Payments. Customers include more than 400 companies from a wide range of industries, such as banks, financial service providers, fintechs, insurance companies, and software providers.

About Shopware

Shopware is Europe’s leading open-source ecommerce platform designed to meet the complex demands of mid-sized and enterprise-level businesses. With advanced, ready-to-deploy capabilities and a flexible, API-first architecture, the platform delivers the performance, control, and scalability required to drive sustainable growth and remain resilient in an increasingly volatile economic climate.

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