Welcome to the Future of Payments with OpenPayd and Wirex Partnership 🌐💳
Today, the leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd, announces a groundbreaking partnership with Wirex, a prominent Web3 money app, to offer named virtual IBANs to customers across the UK and European Economic Area (EEA). This partnership aims to enhance Wirex’s core mission of providing easy, fast, and secure payment methods to its users.
Enhancing Payment Options for Wirex Customers 🔄💸
– OpenPayd will issue virtual IBANs to Wirex customers in 30+ countries across the UK and EEA
– Customers will have access to Faster Payments network in the UK and SEPA Instant payments for Euro-denominated transactions
– The service will be seamlessly integrated into Wirex’s infrastructure through OpenPayd’s developer-friendly API
– Wirex customers will receive a unique, named IBAN for easy transfer of EUR and GBP between Wirex and bank accounts
– Payments via OpenPayd’s SEPA Instant and Faster Payments rails will occur in real-time, offering a superior customer experience 24/7, 365 days a year
The Benefits of the Partnership 🤝💼
– Iana Dimitrova, CEO of OpenPayd, highlights the need for reliable banking and payments partners for high-growth digital assets businesses
– OpenPayd’s platform, with 99.99% uptime, aims to support Wirex in making cryptocurrency more secure and accessible
– Pavel Matveev, CEO and Co-Founder of Wirex, emphasizes the importance of bridging traditional and digital economies
– Named IBANs offer an improved user experience and automated back-office account reconciliation for Wirex customers
About OpenPayd 🏦💻
– OpenPayd provides embedded finance and banking-as-a-service infrastructure for business growth
– Their platform offers a full suite of banking and payments infrastructure via a single API
– With licenses across the UK, Europe, and North America, OpenPayd supports the banking infrastructure digital businesses need to succeed
About Wirex 🌍💰
– Wirex is a UK-based digital payments platform with over 6 million customers globally
– As a principal member of Visa and Mastercard, Wirex provides secure accounts for seamless currency storage and exchange
– Wirex aims to contribute to a cashless society by simplifying digital payments and making them more accessible worldwide
Hot Take: Embracing the Future of Payments 🌟💡
In conclusion, the partnership between OpenPayd and Wirex marks a significant step towards enhancing the payment experience for customers in the UK and EEA. By offering named virtual IBANs and real-time payment options, both companies are empowering users to seamlessly manage their finances in the digital age. As the world continues to embrace digital finance, collaborations like these pave the way for a more efficient and secure financial ecosystem.