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Deutsche Bank and Mastercard Join Forces to Launch Pay by Bank Service in Europe
Jun 03, 2025•about 1 year ago
Contract Type
partnership
FrankfurtFinancial ServicesFinanceLendingBankingDescription
Deutsche Bank has partnered with Mastercard to provide pay-by-bank functionality for merchants across Europe. This collaboration aims to enhance payment solutions by integrating Mastercard’s open banking technology into Deutsche Bank’s existing platform, facilitating secure and instant transactions for consumers.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months