Date: 08.11.2023

by Antoni Majewski

FinXP and Mastercard Unveil FinXP PLUS for Global Payments

FinXP, a leading European provider of payment and banking solutions, has proudly announced its strategic partnership with Mastercard. This collaboration introduces FinXP PLUS, an innovative payment platform that aims to redefine cross-border payments.

FinXP and Mastercard Unveil FinXP PLUS for Global Payments

By harnessing Mastercard’s extensive network, FinXP PLUS will offer businesses access to a world of payment opportunities across over 100 countries, supporting a vast array of currencies.

Multi-Channel Payment Flexibility

FinXP PLUS stands out for its support of multi-channel transfers, allowing merchants to make payouts to bank accounts, cards, e-wallets, and even cash pickup points. This feature is crucial for businesses looking to meet diverse global payment preferences. Integrated with FinXP’s acclaimed Euro IBAN service, IBAN4U, users will benefit from comprehensive account solutions including dedicated corporate accounts and Mastercard debit cards.

Our Comment on the Article

The launch of FinXP PLUS by FinXP, in partnership with Mastercard, marks a significant advancement in the financial services industry, particularly in the realm of cross-border payments. This service is set to provide unparalleled flexibility and efficiency for global transactions, a need that is ever-growing in today’s digital economy. The ability to transact in multiple currencies and through various channels including bank accounts, cards, and e-wallets addresses the complex demands of modern commerce.

With its broad currency support and integration with Mastercard’s global network, FinXP PLUS could potentially become a game-changer for e-commerce, professional services, and specialized industries like blockchain and iGaming. The enthusiasm and commitment to seamless, cost-effective, and reliable payment services expressed by both Jens Podewski of FinXP and Dr. Peter Robejsek of Mastercard underscore the transformative potential of this partnership. The focus on creating a simple and secure payment experience reflects a forward-thinking approach that could significantly benefit FinXP’s diverse clientele and the broader market.