Top 10 Payment and Card Solution Companies - 2019
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Payall Payment System: A Revolutionary Paradigm for Global Instant B2C And B2B Payments

Top 10 Payment and Card Solution Companies - 2019

The banking world is going through a significant upheaval for the last decade. The industry has been on a transformative journey that has changed and democratised the way everyone “banked.” With digitalisation and contactless society upon us, it is no coincidence that payments, the most competitive area of banking and financial services, are also ripe for disruption. Keeping up with the changing times, the European Commission, under the European Parliament, this year pronounced to open up their infrastructure to Application Program Interface (API), in a bid to start the revolution of open banking. This creates both an opportunity and a necessity; the future generations expect to be able to pay whenever they want, from wherever they are, without friction, and will switch to a better provider if their demands are not met. On top of that, 5G and IoT technologies are carving the way for neo cities that are fully connected. Simultaneously, scaling at pace is a priority for the new generation of digital banks, and it comes with its fair share of problems.

Understanding the changing time, Banking CIO Outlook has compiled a list of top 10 payment and card solution providers in Europe to guide organizations in harnessing the power of technology to tackle common challenges, and reduce workload, increase efficiencies, and go a step above the competition by leveraging the latest innovations.

We are glad to announce that SafetyPay is at the focus on our annual ranking list of payment and card solution providers. SafetyPay provides a secure e-payment method that enables cash sales through a variety of sales channels, such as e-commerce or call centres, for consumers who wish to pay directly through their bank account or in cash without a bank account. Another company on the list, Ashburn International, offers payment card services and in addition to e-commerce and loyalty system solutions with approximately 300,000 payment terminal worldwide. With several innovative technological capabilities and success stories up its sleeves, these companies are continually proving its mettle around payment and card.

This edition also blends thought leadership, from subject-matter experts with real-life stories, on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. We hope this issue of the Banking CIO Outlook helps you build the partnership you and your organization need to foster a technologically-driven payment and card environment.

We present to you Banking CIO Outlook’s “Top 10 Payment and Card Solution Providers in Europe - 2019.”

Top Payment and Card Solution Companies

BASYS Processing Provides services and solutions for credit/debit cards that includes terminals, Virtual terminals, e-commerce, mobile, and point-of-sale,customized to fit any needs.The organisation uses innovative strategies to deliver world class service and industry leading payment processing and business solutions.It creates an inspired culture for customers, partners, vendors, and employees.The company have built an elite team of hard-working, passionate and fun people who are dedicated to make their merchants happy.They encourage the development of a healthy long term relationship with their client and believes it to be the key to their culture and also to their bussiness.The companys' goal is to create such a positive experience with every interaction that you will continue to choose BASYS for life

basyspro.com

Chosen Payments is a provider of payment processing and credit card management solutions for businesses.The organization is dedicated to making a difference in payment processing services by taking a partnership approach. Chosen Payments is not only a partner, but a business consultant for merchants nationwide that accept electronic payments.They are experts in numerous types of payment processing services, including credit card processing, check processing, gift/loyalty, ATM, merchant cash advance, mobile applications and other payment processing and financial services

www.chosenpayments.com

With the mission of making payments faster for merchants and easier for consumers, Everyware enables merchants to offer consumers a secure way to pay. Merchants can collect payments quickly by texting an invoice, while consumers can conveniently pay anywhere and anytime. From repaying loans to paying rent, transactions are now effortless, as opposed to logging into a website or calling a toll free number to wait on hold. Clients can easily establish a merchant account for payments and starting using their two-way text communication system by simply logging into Everyware’s web-based portal. Businesses are assigned a dedicated messaging number to start texting and manage payments

everyware.com

FreedomPay acts as a bridge that links the client's entire existing infrastructure, enabling them to innovate and accelerate product adoption. FreedomPay’s platform acts on detailed data collected across all POS and ERP systems and uses one gateway to streamline every transaction. Unlike other payment solutions, FreedomPay does not follow a ‘one size fits’ all approach as each merchant has unique requirements. Based on each merchant’s requirements, the company provides tools and payment platform. At the same time, FreedomPay’s commerce platform is customer-centric with a mission to help merchants provide unique experiences for their customers that is centralized around the payment process

corporate.freedompay.com

Payall Payment Systems, a Florida-based financial technology firm develops a revolutionary payment engine that gives banks a turnkey cross-border payment product that exceeds the expectations of modern-day users without disturbing the bank’s Core. The firm helps banks enable their business customers make payments internationally better, easier, faster, cheaper and more securely. To effectuate this, the company works with regulated entities around the world to ensure funds' security and compliance. Payall also embraces all regulations in concert with bank partners. Along with serving the multi-trillion-dollar market of the U.S. companies making international B2C and B2B payments, Payall also supports the domestic U.S. market, allowing 24x7 instant payments within the country

payall.com

Headquartered in New York, Prepaid Ventures provides financial products and solutions in an emerging payments landscape. In 2009, the company launched NexsCard, a prepaid debit card, that enabled the customers of check cashers to load cash onto a network-branded prepaid card at their local check casher, or receive direct deposits, and use the card anywhere Visa cards are accepted. Later, the company built its own processing platform, which included mobile applications, cardholder websites, and more. As one of the top payment and card solution providers, Prepaid Ventures also collaborates with different supply chain providers to introduce seamless, vertically integrated solution in a complex marketplace

www.ppvglobal.com

ECARD

ECARD

ECARD Inc, a New York-based fintech company, offers innovative solutions for cross border payments. The quick and easy reloadable payment solution is globally accepted, which allows the payment options across 170 countries and regions. ECARD connects with the largest payment card network, UnionPay to provide the ECARD cardholders access to exclusive global rewards. The company offers numerous discounts to the local merchants in and around the city. The reloadable cash cards offered by ECARD can be easily swiped to pay or use international ATMs to withdraw in more than 100 currencies

REPAY

REPAY

REPAY, the fintech and payment processing solution provider, is based in Atlanta, Georgia. The company offers real-time payment options for customers; its credit and debit processing allows lenders to quickly and securely accept cards as a form of payment. The company’s relationship with multiple banks assures the users to access their funds uninterruptedly. REPAY makes the credit and debit processing easy for small businesses and large enterprises with a wide variety of payment methods and customer coverage. REPAY offers reliable and secure payment processing solutions and help the users maintain compliance and execute security regulations

Wirecard

Wirecard

Founded in 1999, Wirecard aims to offer future digital payment solutions. The digital payment solution provider focuses on steadily extend their portfolio of payment solutions to focus on their customers and clients. Wirecard has globally active business that also benefits their clients across the world with unique financial technologies for cashless handling of payments. The company provides leading-edge payment systems with enhanced, flexible, and customizable cashless payment services. Wirecard focuses on continually evolving requirements and rules, new digital sales channels, and the global market to provide comprehensive financial expertise and solutions to the customers

WorldPay

WorldPay

Worldpay, the financial service providing company, offers solutions for merchants and card issuing. The company provides advanced customer payment experiences from POS systems to integrated card payments to cross-border payments. For card issuing, Worldpay activates the revenue potential in the users’ debit and credit card programs using proven efficiency techniques and innovative tools. The company can efficiently deepen business customer relationships with merchant service programs that tailor the unique needs of financial institutions and clients’ business customers. Worldpay offers payment solutions for both large enterprises and small businesses