FinXP, a provider of European payments and banking solutions to the iGaming and crypto markets, has partnered with Mastercard to launch the collaborative product, FinXP Plus.
The provider has utilised the Mastercard Cross-Border Services to allow FinXP Plus to cater to global customers.
Jens Podewski, FinXP Co-Founder and CEO, said: “Our latest collaboration with Mastercard reinforces our commitment to offer merchants with a seamless payment experience, that means the ability to make fast and reliable payments at a cost-efficient price with an easy-to-use platform.
“We are very excited about launching the new service especially since it offers so many payout capabilities in just a single solution. Of course, this would not have been possible without partnering with a payments leader like Mastercard.”
The FinXP Plus proprietary platform will be able to handle multiple currencies, including USD, GBP, EUR, CAD, CHF, TRY, PLN, SEK, DKK, NOK, PHP and COP.
Chris Denny, FinXP COO, said: "Through this new service we are able to present a much stronger value proposition not just to our current clients but also in new markets that we are entering such as international remittance, travel and marketplaces."
In addition, FinXP Plus will be integrated with the Euro IBAN service, IBAN4U which provides dedicated corporate accounts to companies. Peter Robejsek, Mastercard Country Manager, said: "In the current climate, having fast, reliable access to funds at a reasonable cost has never been more crucial.
“Our partnership with FinXP will provide its customers with a safe, simple and reliable cross-border payments experience, regardless of whether they want to send money to a bank account, card, digital wallet or cash withdrawal location.”
