Payabl. names Igor Skachkov as chief product officer

payabl., the European payments expert that enables businesses to take payments easily, reliably and securely, announces it has appointed Igor Skachkov as its new Chief Product Officer.

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Having worked within the payments industry for over 12 years, including at Klarna and Visa, Igor is experienced in card acquiring and issuing, Buy Now Pay Later, e-wallets, subscriptions and tokenized payments. With payabl.’s bold ambition to help merchants grow through innovative payments, Igor has been appointed to drive the company’s next phase of product development.

Ugne Buracience, CEO, payabl. comments, “We’re delighted to welcome Igor to the team. Over the past year, our business has expanded rapidly and our team has doubled to 60 employees. Igor further enhances our in-house expertise and will drive the development of new payment technologies, designed to achieve our mission of empowering business growth through innovative payments.”

As Chief Product Officer, Igor will collaborate with the company’s research and development team, partners and merchants to identify product challenges and opportunities, introduce new features, diversify the company’s product portfolio and build original products at the cutting edge of payments technology.

Igor Skachkov, Chief Product Officer, adds, “With the payments landscape always evolving and diversifying, I’m excited to be a part of payabl. I am looking forward to building on the company’s existing product portfolio, to make an even greater impact on partners and help them to unlock untapped growth opportunities. Exciting developments are on the horizon here at payabl.. We're working towards the creation of a full-scale payments ecosystem that combines payment acceptance, bank payments, open banking and dozens of other services on one platform. We have the potential to completely revolutionise the way payment-related services are offered and look forward to making this a reality with each new innovation.”

Established in 2011, payabl. is a merchant payment solution provider that enables businesses to take payments easily, reliably and securely. Experiencing 182.5% volume growth year on year from 2020 to 2021, payabl. credits its success to its team of employees. Processing over 100 million transactions last year, payabl. has a bold mission to be the platform that takes care of payments and powers growth for each and every client.

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