For Immediate Release
On the first day of Money2020, keyword searches for ‘payments’ had a global volume of 324.4k. And that’s just the results as of 10:33 am CEST. Suffice to say that payment solutions are a top-of-mind issue with an international scope. Yet how many of these are meeting a direct consumer need? Hundreds of fintechs across the globe angle to provide the most innovative solution to their clients, with ‘disruption’ as part of their DNA. This model can all too easily miss out on the most crucial element: being human. Normally ‘disruption’ indicates how the company challenges traditional players in the industry. Less often is it used to challenge the internal status quo. For Paynovate, this inside-out disruption was key to repositioning their brand and recalibrating their services to meet the needs of those 324.4k searchers.
Paynovate has been a premiere issuer and acquirer in Belgium for the past eight years, and now has over 1 million payment cards in its system as well as securely acquiring over €150 million every month. In 2022 the Paynovate team felt it was time to expand their offering and meet the needs to the humans behind the search queries. That’s why alongside their new look and feel, Paynovate has launched both a new service – open banking – and a new mission. Paynovate promises payment solutions for all. They understand that, though no two businesses look the same, they all need payment services they can trust - from bakeries to banks. For acquiring, Paynovate is a market leader for terminals, e-commerce, and account-to-account. From their new position, Paynovate considers the human side of their solutions: entrepreneurs and SMEs who need solutions that work for them, regardless of their payment model. With Paynovate’s newopen banking service, they provide Belgian IBAN accounts with competitive prices for SWIFT, Single Euro Payments Area (SEPA) SDD, SEPA SCT, and Instant SCT transfers across the European markets. With this offering, Paynovate empowers people to take control of their payment solutions and put their full focus back on to building their businesses.
About Paynovate
Paynovate is an Electronic Money Institution (EMI), licensed by the National Bank of Belgium. With significant experience in the issuing, acquiring, and payments technology sector, we proudly provide payment solutions for all. We offer our customers a complete service managing their commercial payments, from the provision of payment terminals in stores and card payments at their point of sale or e-commerce site to issuing Visa payment cards and Belgian IBAN bank accounts compatible with SWIFT and SEPA schemes – and that’s not to mention the large number of other direct debit and bank transfer solutions that Paynovate covers. That’s the Paynovate Promise.
For further press inquiries, please contact:
Shannon Rollins
Global Marketing Manager
+32 479 17 42 77