About optile

The Munich based company was founded in 2009 by Daniel Smeds. In 2013, the company began expanding due to both a continuous growth in personnel as well as consistent product development. Since 2014, private investors, as well as the ‘Kreditanstalt für Wiederaufbau’, have successfully closed several rounds of growth financing.

Today, optile employs a team of 50 payment and ecommerce experts as well as security specialists. The company’s success is based on its visions and a deep understanding of internet technologies in the payment field. Hence, we developed the core processes of the Open Payment Gateway, the key element of the business.

optile offers its customers an open and transparent system for global payment methods and processes that can be mapped out holistically.

optile is aimed at international companies that want to optimize their conversion and customer lifetime value, as well as significantly accelerate market introduction and substantially cut costs.

How does optile differ from other payment providers?

You currently have a choice of service providers to select from when linking the various payment methods and providers in your online store. Some of the payment service providers offer various payment methods. Furthermore you can connect with:

  • Credit card acquirers
  • Individual payment methods such as PayPal
  • Banks

optile provides you with a single interface that significantly reduces your technical and operational expenses. If you are active in several countries and markets and want to provide flexible new payment methods, then reducing the high cost of technical and operational expenditure is of upmost importance.

optile creates transparency, giving you a holistic overview that helps to keep track of cost-optimized transaction routing while also providing additional functions.