iSignthis Limited has entered into more than 10 payment facilitation agreements for the processing of cards with merchants, holding Australian Financial Service Licenses (AFSL).
iSignthis’ focus has been on the merchants who hold an AFSL, as well as market makers including CFD, FX, Binary and equity traders where the convergence of payments (Paydentity) and multi-currency operations are in place to provide the Company and its merchants with a competitive advantage. The technology behind Paydentity has acquired more than 1.6 million persons to a KYC standard.
With the exception of NAB which offers eight currencies, ISXPay proudly offers 16, including by not limited to $AUD, $USD, $GBP, $EUR, $SGD, $HKD.
Qualified Australian merchants also have the option to open EURO denominated eMoney IBAN accounts. eMoney accounts are available in other currencies such as including USD$, GBP£, HKD$, SGD$, CAD$, AUD$ and CHF by Quarter 2, 2019.
iSignthis’ Australian based sales team aims to seek out more merchants as well as merchants in other categories. iSignthis’ card processing arrangements are independent of iSignthis eMoney (au) Pty Ltd. Services to these merchants are expected to commence later this week.