PXP Financial Partners With MoneyNetint To Ensure Smooth Processing Of Cross Border Payments
PXP Financial Partners MoneyNetint To Ensure Smooth Processing Of Cross Border Payments
PXP Financial, a UK-based end-to-end global payment provider, has partnered with MoneyNet International to enable smooth cross-border payments in the EU and across the US. MoneyNetint, a borderless commerce firm, will join hands with the Ripple partner company in a move that is aimed at seeing businesses in the two regions securely accept payments online.
The whole partnership is basically expected to enable MoneyNetint to leverage the willpower and the expertise of PXP Financial as it embarks on providing a range of services to its global audience. Ideally, it aims to provide credit and debit cards processing services, besides handling a host of conventional payment methods – e-wallets, vouchers, both online and offline banking and others.
By doing so, MoneyNetint intends to significantly cut down on its regular operating costs and streamline its services. PXP Financial, on the other hand, will manage all the reconciliations and payment-based processes.
MoneyNetint’s Head of Business Development, Avi Starodubsky, and PXP Financial’s CEO, Koen Vanpraet, expectedly had a lot to say about the partnership. They both spoke highly about it, expressing confidence in achieving their objectives.
Starodubsky said that their company had always offered “the most innovative and effective solutions” to their clients with pride while reducing transactional costs. And having PXP Financial for a partner, their company was delighted, mainly because the partnership would help offer friction-free payment services across the world.
Vanpraet, on his part, said that both partners were happy to have joined hands for the betterment for their respective customers. According to him, the partnership stands to benefit more in the future since when their customers finally accept credit cards while shopping online, they’ll have realized their goals.
About PXP Financial And MoneyNetint
PXP Financial is a creation of two legendary payment companies; PXP Solutions and Kalixa. They merged, ensuring that their combined 20+ years’ worth of experience in the payments space transforms into greater success. Today, this company serves as a massive global payments platform accepting online, mobile, and PoS payments.
MoneyNetint, on the other hand, has come a long way. Founded in 2004, it has grown to ensure companies trade globally, while acting locally. Basically, MoneyNetint provides its corporate clients with multi-currency e-wallet solutions linked with local banks, whether they are located in the US or within the EU.
With the assistance of MoneyNetint, companies freely send and receive funds across the globe. Its clients also enjoy the various payment schemes it supports across different jurisdictions, even when they have no physical there. And so, the idea of localizing cross-border payments using the local payment getaways and the impenetrable Blockchain technology is to enable clients of both partners to incur little expansion costs while optimally using the time to penetrate the markets.