bankingciooutlook
Safetypay: An Innovative Payment Method for E-Commerce Transactions

Top 10 Payment and Card Solution Companies in Europe - 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.

Understanding the changing time, Banking CIO Outlook has compiled a list of top 10 payment and card solution providers in Europe to guide enterprises in harnessing the power of technology to tackle common challenges, 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 in Europe

A part of the Penki Kontinentai Group, the sole objective behind the company’s establishment was to develop, implement, and maintain EFTPOS terminal networks and loyalty programs. Having earned quite the reputation for itself in the electronic payments and services landscape, ASHBURN International is now focused on designing its ingenious offering—TransLink.iQ—with an aim to effectively empower banks and processing centers to manage payment terminal networks and monitor, regardless the size and complexity of existing EFTPOS infrastructures. Serving as the bridge between banks and point of sale terminals, TransLink.iQ provides real-time terminal management, and ensures flexibility and safety during financial transactions

www.ashburn.eu

SafetyPay was born as a payment platform to enable alternative payment methods, encompassing bank transfer and cash collection with real-time notification, while focusing on cross-border transactions through a global network of banks. Founded in 2006 with a vision to create a secure alternative payments platform, SafetyPay streamlines e-commerce transactions on behalf of both consumers and merchants. SafetyPay is an alternative payments platform that facilitates global e-commerce transactions across Latin America, Europe and aims to restart operations in USA in 2020. The company’s state-of-the-art with military-grade security operates 1.2 million transactions per month, completing 45,000-47,000 transactions on peak days, with a response time of 300 milliseconds

www.safetypay.com

Argentea

Argentea

The company began its history in Trento in 1985 as a joint-stock firm. In the year 2009, the company joined with GI group and the following year, it was emerged. Argentea ease the payments, by making it more retailer-centred. The company offers a large-scale retail distribution, a firm or a web portal, all need to be able to rely on the secure and rapid transaction, through the highly technological and certified payment systems. The company ease the life of consumers and final consumers when pay, and gets payed

Bankingblocks

Bankingblocks

Bankingblocks provides banking services for FinTech companies. The company offers customers with branded prepaid or debit cards connected to the current account and IBAN services through Bankingblocks. Bankingblocks’ infrastructure allows FinTechs to access a multitude of issuing programs so they can choose the best product for their market. Their real-time API and ledger management technology lets FinTechs with existing card programs integrate their providers into the platform, allowing them to add banking services behind their current products to deliver even more utility to their customer base

Cardlink

Cardlink

Cardlink was founded in 2004 to establish a shared POS network that would help the development of electronic transactions in Greece. The project of network integration began in 2011 and was completed in 2014 by installing over 80,000 Cardlink POS. The company continuously innovates intending to develop and deliver solutions that continually improve the business and consumer experience. Even without having an e-shop to complete orders by phone or email, it allows its customers to secure online transactions via a dedicated link, which automatically transfers them to the secure Cardlink payment environment

Ixaris

Ixaris

A financial technology innovator that shakes up the travel payments. From launching the Europe’s first virtual cards, to shaping the future of airline payments, innovation is a life long achievemnet for the company. With their consumers in over 50 countries, and with 5 year industry rack-record, the company shakes up the payments for the travel industry and beyond that. Optimizes payments for the world’s various travel brands. Ixaris is a financial technology innovator providing payments for travel (online & offline) agencies , travel management and destination management companies, and tour operaters

Mercury Processing Services International

Mercury Processing Services International

Mercury Processing Services International makes every effort to provide the clients with services and solutions that fit their specific needs, local particularities, cultural differences, and regional complexities. Being at the forefront of emerging trends in the payment industry, they developed and launched a Mobile Wallet solution, based on HCE technology, that enables cloud-based mobile proximity payments and opens endless possibilities of introducing new and innovative value-added services to end customers. Their platforms provide various ways to maintain and manage different types of cardholder data. All data is handled under the personal data protection regulations and security standards

OKTO.PAY

OKTO.PAY

OKTO is a leading FinTech firm specialized in providing innovative digital payment services and applications. They work with companies, banks, and cities to offer future-proof solutions to significant challenges. At OKTO, they follow the latest trends and continuously strive to provide their partners with the most forward-looking solutions tailored to their needs. Their focus is to clearly understand customer needs and support their partners throughout the design, launch, and operation of each product. The team includes high-caliber engineering minds that can structure complex systems while producing intuitive user experiences

Open Payments

Open Payments

Providing groundbreaking market infrastructure that is needed for the successful Open Banking, Open Payments Platform is a PSD2 compliant API aggregation platform which offers a single, open and secure point of access to the various bank API networks throught Europe and also connects partner services like the lending, currency, and virtual banks. Open Payments simplies the integration of third party application providers, e-comerce platform and B2B systems. The company based on the state-of-the-art new technology to take advantage of the business opportunities, like AI and Blockchain in the future

Serrala

Serrala

A fintech software company, Serrala optimize the Universe of payments for the organization seeking efficient cash visibility and scyre financial processes. Serrala supports over many other companies acoss the globe by offering them with advanced technology, intelligent sutomation and personalized consulting. The firm’s comprehensive end-to0end portfolio automates inbound and outbound payment processes as well as the management of related data and documents. With the company’s deep knowledge and understanding of different industries and their requirements are the foundation for supporting their consumers in all the phase of their financial journey