FinXP Review: Bridging Payment Solutions for Modern Business
FinXP is a company that offers banking and payment solutions for various sectors, including the iGaming industry. Based in Malta, the company was founded in 2014 and is regulated by the Malta Financial Services Authority.
The company aims to empower its customers to make and receive payments as conveniently and efficiently as possible.
Services Offered by FinXP
FinXP provides different services for different payment scenarios. Some of these services are:
IBAN accounts: Based in Malta, the company was founded in 2014 and is regulated by the Malta Financial Services Authority.
Instant payment solutions: These are solutions that enable customers to process payments faster, cheaper, and more securely. These include SEPA Instant Credit Transfer, Request to Pay, and Open Banking.
Payment Gateway: The company offers over 350 payment methods, including credit cards, e-wallets, bank transfers, and mobile money. The solutions are designed to help clients accept payments globally, reduce fraud and chargebacks, and increase conversions.
SEPA Direct Debit and SEPA Credit Transfer services: These services allow customers to collect recurring payments from customers in the Eurozone, such as subscriptions, memberships, or fees.
Expert payment consultancy services: These are services that help customers optimize their payment strategies, comply with regulations, and solve complex payment challenges.
Bespoke payment solutions: These are solutions that cater to customers’ specific needs and requirements. These include custom integrations, white-label solutions, card issuing, clearing services, innovative payout solutions, and more.
User Experience and Interface
The FinXP online platform is easy to use and allows customers to manage their payments and access their accounts 24/7 from any device.
The platform has a simple and clear design, allowing customers to navigate different features and options.
The platform also provides tools and reports that help customers monitor their transactions, balances, fees, and performance.
Security Protocols in the Payment Processor
FinXP ensures high-security standards for its banking and payment solutions. The company uses advanced technology and innovation to improve its service quality, performance, security, scalability, and reliability.
Also, the payment provider uses Oracle Flexcube as its core banking system, one of the world’s leading banking systems. Also, it uses various tools and platforms to create and distribute its services, such as cloud computing, blockchain, artificial intelligence, and more. In addition to that, it complies with the relevant regulations and standards for data protection, privacy, and anti-money laundering. The company protects its customers’ funds by holding them in segregated accounts with reputable banks.
Integration and Compatibility of FinXP
FinXP offers easy integration and compatibility for its banking and payment solutions. The company provides various APIs and SDKs that allow customers to integrate its services with their existing systems, platforms, and applications.
Additionally, the company offers extensions and plugins for popular eCommerce platforms, including Shopify, Magento, and WooCommerce. The company also partners with reputable software providers, such as BetConstruct and BetGames, that power its gaming portfolio.TV, EGT Interactive, Evolution Gaming, Microgaming, and NetEnt.
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Customer Support In the Payment Providers
FinXP provides excellent customer support for its banking and payment solutions. Its customers can contact its support team by phone, email, live chat, or social media.
Also, the payment processor provides various resources and guides that help customers understand its services better, such as FAQs, blog posts, newsletters, and webinars. The company also collects feedback from its customers regularly and strives to improve its service quality based on their needs and expectations.
Pricing and Fees
FinXP offers flexible pricing and fees for its banking and payment solutions. The processor does not charge monthly or annual fees for its IBAN accounts or payment gateway.
They only charge transaction fees based on the customer’s volume, currency, and payment method. Also, there are offers for volume discounts for customers who process large amounts of payments.
The company also provides transparent and competitive fees for its other services, such as SEPA Direct Debit, SEPA Credit Transfer, expert payment consultancy, and bespoke payment solutions. Customers can contact the company for a personalized quote based on their needs and requirements.
Conclusion
FinXP is a company that provides banking and payment solutions for various sectors, including the iGaming industry. The service providers offer various services, such as IBAN accounts, instant payment solutions, payment gateway, SEPA Direct Debit and SEPA Credit Transfer services, expert payment consultancy services, and bespoke payment solutions.
Several advantages include experience and expertise, technology and innovation, and customer focus and satisfaction. The company also has some disadvantages, such as limited geographic coverage and product range.
FinXP is a good choice for customers looking for fast, easy, and secure payments in whatever form best suits them.