We are Austria's center of excellence in payment innovation
The OeNPAY Financial Innovation HUB GmbH (OeNPAY) runs a competence network that supports the digitization of payments across Austria and promotes financial innovation in cooperation with all payment stakeholders. The OeNPAY is a 100% subsidiary of the Oesterreichische Nationalbank (OeNB), Austria’s central bank.
Digital wallets are online payment tools that may come with several functionalities: Some wallets let you store tickets, loyalty cards and some types of ID in addition to different means of payment (debit, credit or prepaid card, bank transfer, cryptocurrency etc.).
Instant payments are transfers of funds from the payer (sender) to the payee (recipient) in real or near real time. Immediate settlement between the payment service providers is not necessarily required.
Building an excellence hub and promoting cooperation between stakeholders
Analyzing potential areas for improvement in payments
Supporting startups,above all fintechs and paytechs (incubators / accelerators)
Conducting feasibility studies, drawing up concepts, carrying out projects and building prototypes to future-proof payment services in Austria
Analyzing disruptive technologies to determine whether they are suitable for use in paytech
Conducting trend research, monitoring the market and conducting studies (national / international)
The OeNPAY’s excellence network supports the digitization of payments across Austria and promotes financial innovation in cooperation with all payment stakeholders.
Our stated goal is to make payments as simple, stable and secure as possible for all participants. By fostering competition through innovation, we help secure Austria’s position as an attractive business location and European independence in the field of payments.
We take a proactive role in shaping the digital future of payments while making sure that progress in digitization does not impede access to payment services for any social group.
As a subsidiary of the Oesterreichische Nationalbank, the OeNPAY has chosen to adopt a neutral position in the market.
We are building an independent communication and innovation platform to connect stakeholder groups. Together, we work on developing sustainable solutions.
Our focus on trend scouting allows us to identify megatrends and tech trends to highlight new solutions.
With our innovation process, we support others in developing and implementing their ideas.
We are committed to sparking, testing and, with support from our stakeholders, implementing new ideas.
Open-minded. Transparent. Competent. Willing to learn.
Independent. Autonomous. Autonomous.
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