Silverflow and Griner expand Cyprus launch into European acquiring rollout

Silverflow has partnered with Cyprus-based Griner to support its expansion across European markets, starting from an initial launch in Cyprus. For PSPs and acquirers, the useful detail is simple: the setup is meant to let Griner scale acquiring without building a new processing stack in-house.

1. The partnership combines Silverflow’s cloud-native card processing infrastructure with Griner’s acquiring and payment services for PSPs, marketplaces and e-commerce businesses. Griner said the structure is designed to help it expand acquiring operations without internal processing infrastructure development.
2. Griner Finance Ltd is registered in Cyprus and operates under the supervision of the Central Bank of Cyprus. The company said it is a principal member of Visa and Mastercard and provides acquiring services for merchants across the European Union.
3. Its product set includes e-commerce and marketplace payments, hosted payment pages and cross-border payment processing. For marketplaces, Griner also offers seller onboarding, split payments, chargeback and risk management, plus API-based integration and support for multiple payment methods and currencies.
4. The companies said the Cyprus rollout has led to faster merchant onboarding compared with Griner’s previous infrastructure. They also reported steady growth in transaction volumes since launch, but did not disclose transaction figures.
5. Both companies said they now plan to extend the partnership to additional European markets, with projects already underway. Silverflow’s platform connects directly to card networks through APIs and provides access to transaction data, along with functions such as 3D Secure, network tokenisation and direct-to-card payouts.

For high-risk operators, the practical takeaway is the familiar one: cloud-based acquiring stacks are increasingly being used as a way to move faster on market expansion, while keeping merchant onboarding, risk controls and card-network connectivity in one place.