Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ingenico Buys POS Software Company Phos

    March 31, 2023

    eRetail Cybertech’s cloud-based POS billing software Prana POS is now available on Microsoft Azure Marketplace

    March 30, 2023

    Mobile POS Market is Booming Worldwide | Square, Ingenico, iZettle

    March 29, 2023
    Facebook Twitter Instagram
    Your POS TechYour POS Tech
    • Point Of Sale [POS]
    Your POS TechYour POS Tech
    Home»Point Of Sale [POH]»Mercuryo’s Partnership Brings a New Banking-As-A-Service Payment Solution.
    Point Of Sale [POH]

    Mercuryo’s Partnership Brings a New Banking-As-A-Service Payment Solution.

    yourpostechBy yourpostechJanuary 5, 2023Updated:January 5, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    More and more companies recognize the importance of launching cutting-edge products that address market pain points. Advcash is another company that has integrated Mercuryo’s breakthrough solution, Banking-as-a-Service (BaaS).

    Mercuryo, a provider of crypto-powered global payments infrastructure, has partnered with Advcash, an electronic payment and digital currency platform that provides services to individuals and online businesses.

    Mercuryo also becomes the second company in less than three months to offer virtual IBANs to its customers. A virtual IBAN is an International Bank Account Number (IBAN), which is a reference number issued by a bank that allows incoming payments to be redirected to another physical bank account.

    Through licensing and integrations, Mercuryo’s BaaS helps platforms issue banking products using virtual IBANs for EU and UK citizens.

    With the help of this invention, any company, including DEXs and investment apps, may open full-fledged bank accounts, allowing consumers to store, receive, and pay with fiat (fiat money, a government-issued currency that is not backed by a commodity like gold). Also, users may easily convert fiat money to cryptocurrency within the same account.

    IBANs, according to Mercuryo, are critical in ensuring seamless cross-border payments for fiat settlement and fiat-crypto transactions. According to the company’s research, 57% of US and UK customers are more likely to choose a bank that offers cryptocurrency services as an advantage over traditional banking services. Furthermore, traditional businesses and crypto-native platforms can use the BaaS product to integrate fiat payment infrastructure and a crypto gateway.

    Concerning Mercuryo

    Mercuryo is a global fintech company based in London, UK, that specialises in cryptocurrency payment solutions. It provides a comprehensive range of financial services to companies operating in the fiat and cryptocurrency markets via API connections. Since its inception in 2018, the company has amassed over 200 partners, working with top industry leaders to accelerate growth and increase revenue.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleBartrack and Arryved have announced an integrated partnership
    Next Article Splitit and Worldline Announce Signing a North American Partnership Agreement
    yourpostech
    • Website

    Related Posts

    Ingenico Buys POS Software Company Phos

    March 31, 2023

    eRetail Cybertech’s cloud-based POS billing software Prana POS is now available on Microsoft Azure Marketplace

    March 30, 2023

    Mobile POS Market is Booming Worldwide | Square, Ingenico, iZettle

    March 29, 2023

    2 POs booked on court orders

    March 28, 2023

    Leave A Reply Cancel Reply

    Our Picks

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    We provide a wide range of customized, integrated B2B and B2C digital marketing services solutions that are ideal for your business.

    We're accepting new partnerships right now.

    Email Us: info@yourmartech.com
    Contact: +1-530-518-1420

    Our Brands
    • Your Martech
    • Your HR Tech
    • Your Fin Tech
    • Your Revenue
    • Your Bio Tech
    • Your Info Tech
    • Your Health Tech
    SUBSCRIBE NOW
    Loading
    LinkedIn
    • Privacy Policy
    © 2022 Vigarbiz Inc. Designed by Vigarbiz Media.

    Type above and press Enter to search. Press Esc to cancel.

    Your Postech