![]() In the last 20 years it has operated as payment service provider for high-risk merchants and processed for tangible and intangible products and services online. Our mobile application, available for both Android and iOS, allows us to identify our account holders fast and efficiently, without a face-to-face meeting.”īitsafe is registered as a regulated Payment Institution. “We have developed a proprietary artificial intelligence technology that has adopted the latest anti-money laundering regulations and can detect illegal activity before a transaction is added to our ledgers. “Opening our accounts to the entire world means that we need to take additional steps to prevent abuse and money laundering,” says Marcel Trik, CFO at Bitsafe. Consumers now have more freedom in managing their own cash and other digital assets such as domain names. With this new legislation, banks will just become utilities that move money around in the background. The European Union has recently adopted new legislation that allows financial institutions other than banks to open up Basic Payment Accounts for their clients. It is a move that is disrupting the global banking industry.īanks have always had a monopoly when it comes to storing people’s money. ![]() Today the Dutch company Bitsafe, headquartered in Amsterdam and regulated by the Dutch Central Bank, is paying homage to their roots and again making history as the very first company to offer payment accounts to anyone in the world. The very first joint stock company worldwide was also founded in Amsterdam. In the sixteenth century it was the Provinces of the Netherlands that were the very first ones globally to introduce new financial instruments such as promissory notes and life annuities. This results in zero credit risk and immediate availability of funds,” Zuurbier continues. Funds in accounts are not stored with another bank, but with the central bank we work with. “All Bitsafe accounts will bear a unique Dutch IBAN. Thanks to new European legislation, Bitsafe is now able to accept customers from all over the world,” says Joost Zuurbier, CEO at Bitsafe. “Residents of a given country are usually limited to opening a bank account with a bank in their home country or region. The new Bitsafe accounts were showcased during the Benzinga Fintech Summit event that was held in downtown San Francisco, a mere stone’s throw away from the location where Bitsafe originally started in 1998. Every Bitsafe account comes with a unique IBAN which allows sending and receiving payments globally, including to and from the SEPA region. Bitsafe account holders can make deposits, make payments and withdraw funds. ![]() A Basic Payment Account works just like a local bank account. MacroWell OMG Digital Entertainment Co.During the Fintech Week in San Francisco the Dutch fintech scale-up Bitsafe opened up registrations for its borderless Basic Payment Account to anyone in the world. LivQuik Technology (India) Private Limited (ASIAPAY HK LIMITED)īao Kim Electronic Commerce Joint Stock CompanyĬashless Technologies India Private LimitedĬtrip Financial Payment (Hong Kong) Co., Limitedĭreamplug Paytech Solutions Private Limitedįreecharge Payment Technologies Private Limited Mastercard has no opinion concerning the nature or quality of any service provided by any person on the list.Īny person accessing or using this list or any part thereof does so at his or her sole risk and, as a condition of such access and/or use, agrees that Mastercard shall have no liability for any loss or injury caused by or alleged to be caused by, in whole or in part, access to and/or use of the list.Īlipay Singapore E-Commerce Private LimitedĪSIAPAY PAYMENT TECHNOLOGY CORP. Mastercard does not make any representation or warranty with respect to the completeness, accuracy, timeliness or sequence of the list or that the list is free of defect or that the list may be relied on for any reason. Mastercard provides this list "as is" and expressly disclaims any representation and warranty of any kind, including without limitation, the implied warranties of merchantability and fitness for a particular purpose. ![]() Mastercard will endeavor, from time to time, to update this list. This list is provided as a courtesy for the convenience of any entity that may be interested in working with a payment facilitator. An acquirer must register a service provider as a payment facilitator with Mastercard.Ībove is a list of payment facilitators registered with Mastercard. Please see Rule 7.8 in the Mastercard Rules. Mastercard has implemented rules governing the use and conduct of payment facilitators. Mastercard defines a payment facilitator as a service provider that is registered by an acquirer to facilitate transactions on behalf of submerchants. ![]()
0 Comments
Leave a Reply. |