This allows customers to easily convert currencies and make informed decisions when dealing with international transactions. Xe also provides real-time exchange rates, historical data, and currency charts, making it a valuable tool for businesses and individuals alike. In addition to currency conversion, Xe also offers a range of other services. They provide international money transfers, allowing customers to send money to over 170 countries. With competitive exchange rates and low fees, Xe offers a cost-effective solution for transferring funds abroad. Xe also supports cryptocurrency exchanges, allowing customers to buy, sell, and store various cryptocurrencies. This feature provides a convenient way for individuals to manage their digital assets alongside traditional currencies. Overall, It offers a comprehensive suite of services for individuals and businesses dealing with international transactions. With its wide range of supported currencies, competitive rates, and convenient API integration, Xe is a trusted and reliable choice for currency conversion and money transfers. Social Link

Wecollect (London) Ltd is an electronic money institution based in London, United Kingdom. It specializes in providing payment solutions for the Chinese payment market. The company offers a range of services including payment processing, cross-border remittances, and white-label UnionPay prepaid cards. As of 2019, Wecollect (London) Ltd had total assets of 180,992 GBP. However, the company reported a net income of -50,429 GBP, indicating a loss for the year. Wecollect (London) Ltd is authorized and regulated by the Financial Conduct Authority (FCA), which ensures that the company operates in compliance with financial regulations and safeguards the interests of consumers. Overall, Wecollect (London) Ltd focuses on facilitating payments and remittances for the Chinese payment market, providing convenient and secure solutions for individuals and businesses. Social Link

Westpac operates through a network of branches and ATMs, as well as online and mobile banking platforms. The bank offers a range of products and services including savings accounts, transaction accounts, credit cards, personal loans, home loans, business loans, insurance, and investment solutions. Westpac is committed to responsible banking and sustainability. The bank has set targets to reduce its carbon emissions, increase lending to renewable energy projects, and support customers in transitioning to a low-carbon economy. Westpac also supports community initiatives through its Westpac Foundation, which provides grants to organizations working to improve education, employment, and social inclusion. In addition to its banking services, Westpac also offers financial advice and wealth management services through its subsidiary, BT Financial Group. BT Financial Group provides investment products, superannuation, and insurance solutions to help individuals and businesses achieve their financial goals. Overall, Westpac is a trusted and reputable bank that offers a wide range of financial services to individuals, businesses, and institutions. The bank is committed to responsible banking and sustainability, and aims to support its customers in achieving their financial goals while also making a positive impact on the community and the environment. Social Link

Wex Europe UK Ltd is an electronic money institution that provides payment solutions to travel companies. They offer accounts payable solutions, multi-currency payments, an e-invoicing system, and cashflow management services. As of 2020, Wex Europe UK Ltd had total assets of 13.24 million GBP and generated a net income of 266,885 GBP. The company is incorporated in the United Kingdom and is authorized and regulated by the Financial Conduct Authority. It focuses on helping travel companies manage their payments and cashflow efficiently. Their services aim to streamline the payment process, reduce costs, and improve financial management for their clients. Social Link

WireBloom LTD is an electronic money institution that specializes in international card processing. They provide services such as merchant accounts, card processing, card acceptance, payment gateways, and multi-currency processing to merchants. As of 2019, WireBloom LTD had total assets amounting to 487,684.00 GBP. This indicates the value of their resources, including cash, investments, and other assets. During the same year, WireBloom LTD generated a net income of 31,223.00 GBP. Net income represents the company total revenue minus all expenses and taxes. It is a measure of profitability and indicates how much money the company has earned after deducting all costs. WireBloom LTD is incorporated in the United Kingdom and is authorized and regulated by the Financial Conduct Authority. This means that they operate under the supervision and guidelines of the regulatory body responsible for overseeing financial institutions in the UK. Compliance with these regulations ensures that WireBloom LTD operates in a secure and trustworthy manner. Social Link

VORAPAY LIMITED provides a range of services to businesses, including the ability to create and manage corporate e-wallets. These e-wallets can be used for various purposes, such as making and receiving payments, managing funds, and tracking transactions. The company money management platform allows businesses to have a centralized view of their financial activities. This platform provides real-time updates on account balances, transaction history, and other financial data. It also offers tools for budgeting, expense tracking, and financial reporting. As an electronic money institution, It is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means that the company must adhere to strict regulatory standards to ensure the security and integrity of its services. Overall, It aims to provide businesses with efficient and secure online payment processing solutions. Its corporate e-wallets and money management platform can help businesses streamline their financial operations and improve their overall financial management.

Walletto UAB is an electronic money institution based in Lithuania. It specializes in issuing payment cards and providing payment services for merchants. Walletto UAB offers payment cards for both individuals and merchants, allowing them to make and receive payments electronically.For individuals, Walletto UAB provides payment cards that can be used for everyday transactions. These cards can be loaded with funds and used to make purchases online or in physical stores. They offer convenience and security, allowing individuals to manage their money easily. For merchants, Walletto UAB offers payment cards that are specifically designed for businesses. These cards can be used to accept payments from customers, both online and in-store. Walletto UAB provides the necessary infrastructure and technology to process customer payments and transfer funds to merchants. In addition to payment cards, Walletto UAB also offers payment services for online merchants. They provide a secure and reliable platform for accepting payments from customers on e-commerce websites. This allows online merchants to expand their customer base and increase sales. As an electronic money institution, Walletto UAB is authorized and regulated by the Bank of Lithuania. This ensures that they operate in compliance with the necessary regulations and safeguards customer funds. In 2020, Walletto UAB had a total of 45.40 million EUR in safeguarded customer funds. Overall, Walletto UAB is a trusted provider of payment cards and payment services for individuals and merchants. They offer secure and convenient solutions for managing and transferring funds electronically. Social Link

Wallter UAB is an electronic money institution that provides checkout and payment solutions for businesses. They offer various financial services, including IBAN accounts, payroll cards, virtual cards, and business cards. As of 2020, Wallter UAB had a total of 52.41 million EUR in customer funds that needed to be safeguarded. This means that they hold and protect this amount of money on behalf of their customers. In terms of financial performance, Wallter UAB generated a gross profit of 9.45 million EUR in 2020. This indicates the amount of profit they made before deducting any expenses or taxes. Wallter UAB is incorporated in Lithuania and is authorized and regulated by the Bank of Lithuania. This means that they operate under the supervision and oversight of the central bank of Lithuania to ensure compliance with financial regulations and consumer protection measures. Social Link

As an electronic money institution, Verifo provides various financial services, including: 1. Electronic Money Accounts: Verifo allows individuals and businesses to open electronic money accounts, which can be used for making payments, receiving funds, and managing their finances. 2. Payment Services: Verifo offers payment services, allowing users to send and receive money domestically and internationally. This includes bank transfers, card payments, and mobile payments. 3. Currency Exchange: Verifo enables users to exchange currencies at competitive rates. This service is particularly useful for individuals and businesses that frequently deal with multiple currencies. 4. Online Payments: Verifo provides online payment solutions for e-commerce businesses, allowing them to accept payments from customers securely and efficiently. 5. Merchant Services: Verifo offers merchant services, allowing businesses to accept card payments from their customers. This includes providing payment terminals, processing transactions, and managing settlements. 6. Financial Technology Solutions: Verifo develops and provides innovative financial technology solutions, including mobile payment apps, digital wallets, and other tools to enhance the user experience and streamline financial transactions. As an authorised electronic money institution, It is subject to strict regulations and oversight by the Central Bank of Lithuania. This ensures the safety and security of customer funds and transactions. Social Link

FOR IMMEDIATE RELEASE Amsterdam, Netherland (March 1st, 2019) – Verotel is a company with a longstanding history as an Internet Payment Service Provider (IPSP) established in 1998 that offers secure and compliant online payment processing for high-risk merchants, subscription websites, and entertainment services. What stands for over 20 years provides, online merchants like you can accept credit card and alternative payments as well as sell online with Verotel’s Payment Services and Gateway. About Verotel Based in Amsterdam, Netherlands, Verotel offers industry specific payment solutions including high-risk merchants who have difficulty finding and maintaining a merchant account with traditional banks. Its features include one-time and subscription billing, flexible payout scheduling, as well as fraud prevention tools which allow companies to secure and manage their revenue. It’s verotelThe passage of known fraud from account to account, or user to user does nothing but waste time and stress people out, as long as the money is in a verified “someone lost their mind” file (and the transaction didn’t involve kiddyporn).Verotel’s system is certified for VISA and MasterCard transactions with structurally higher chargeback-tolerance-standards.The company has been processing payments for high risk merchants for over 25 years – one of the oldest payment service experts available. Core Services High Risk Merchant Accounts: Safe payment processing for entertainment, digital goods and subscription services. Payment Gateway Integration: Easy website and membership platform APIs, with real-time transaction tracking. Recurring Payments and Subscription Management:Automate collections of recurring payments from customers with custom billing cycles. Multi-Currency Processing: Receive all the main currencies of the world such as USD, EUR & GBP. Fraud & Chargeback Management: Controls to help minimize disputes, and stay within the guidelines. Payouts & Lineup Reports: Weekly and instantaneous payouts along with line-up and transaction reports. Pricing Overview (Official Verotel price chart) Basic Account: 15.5% to — per transaction (flat rate). Premium Account: > 13.5%, reduced with higher weekly volumes (down to 13.0% at €40,000+). Recurring transactions: Base rate of exchange + 1.5% service charge. Rolling Reserve: 10% for six months. Weekly Minimum Fee: €25 if volume < €1,000 (Premium only),. Chargeback Surcharge: +2.5% on chargeback ratio over 1%. These words are a testament to Verotel’s expertise in high-risk sectors, ensuring that you get the best deal when you want reliable and accessible payments worldwide. Why Choose Verotel? Processor for Proven High-Risk: Over 25 years of processing risky (E. g CDs from China) transactions as well subscription-based ones. Transparent Business Model: With our transparent rate cards covering all fees involved up front, the customer is left to focus on their needs alone. Specialist in: We is perfect for monthly subscriptions and membership services. Want something to sell 365 days a year? Global Coverage: Take payments in different currencies & have cards from around the world. Secure & Compliance: PCI DSS compliant with fraud prevention and dispute management. Who Should Use Verotel? Verotel is best suited for: Adult entertainment platforms Subscription-based websites Digital content providers Live entertainment and streaming services Other high-risk merchants who need cross-border processing. Transparency & Caution As a long-time licensed IPSP, Verotel’s services are ideal for high-risk industries and not suitable for typical e-commerce. Pricing, Rolling Reserve and Chargeback Policies Before taking on new business businesses should sharply focus on pricing, rolling reserve and chargeback policy. Key Facts Founded: 1998 Headquarters: Amsterdam, Netherlands Category: Internet Payment Service Provider (IPSP) Certification: PCI DSS | Certified by Visa & Mastercard Principal Services: Credit card processing, repeat billing, payment gateway Official Website verotel.com Social Link FAQs 1. What is Verotel? Greater Vancouver-based Internet Service Payment Provider (IPSP) Verotel provides Durable Subscription Management and Clearing services for ‘card-not-present’ merchants, including subscription, pay per download, pay per view and other card-absent businesses. 2. Who can use Verotel’s services? High-Risk Individuals: Verotel offers service to high-risk merchants, such as porn sites, digital content online stores, and subscription-based services. 3. What are Verotel’s transaction fees? All Basic accounts pay in for a 15.5% charge per transaction, while Premium account holders start at 13.5%, and further discounts are given according to their transaction volume level. 4. Does Verotel support recurring billing? Yes. Verotel offers automated recurring billing for subscriptions, memberships and all other recurring payment solutions. 5. How does Verotel manage chargebacks? Verotel monitors true chargeback ratios, and if a merchant goes over 1% in a given month, they are hit with an additional surcharge of 2.5% to cover that risk.

Verse Payments Lithuania UAB is an electronic money institution based in Lithuania. It specializes in mobile payment applications and payment cards. The company offers mobile wallets and payment cards to individuals. As of 2020, Verse Payments Lithuania UAB had a total of 4.31 million EUR in customer funds that needed to be safeguarded. The company generated a gross profit of 4.61 million EUR. It  is incorporated in Lithuania and is authorized and regulated by the Bank of Lithuania. Social Link

VertoFX is a pioneering global financial technology company that provides businesses with robust cross-border payment solutions, foreign exchange (FX) services, and comprehensive banking solutions. With VertoFX, businesses can access multi-currency business accounts, manage expenses efficiently, and leverage FX and treasury management services to optimize their financial operations. Their platform also facilitates seamless invoice payments and offers core APIs for integrating their banking and payment infrastructure. Designed to streamline international transactions and enhance global business operations, VertoFX empowers companies to manage their global expenses effectively and drive revenue growth with greater efficiency and security. Year Founded: VertoFX was established in 2017, positioning itself as a modern solution to the complexities of global financial transactions. CEO: VertoFX is co-led by Anthony Oduu and Ola Oyetayo, whose visionary leadership drives the company’s innovative approach to financial technology. Headquarters: VertoFX is headquartered in London, a global financial hub, which provides them access to a wide range of financial markets and services. Why choose VertoFX? Global Reach: It allows businesses to send and receive payments in over 200 countries and in 39 different currencies, making it a versatile choice for companies with international operations. Cost-Effective Solutions: It offers competitive exchange rates and lower transaction fees compared to traditional banks. This can result in significant cost savings for businesses engaged in frequent cross-border transactions. User-Friendly Platform: The VertoFX platform is designed with user experience in mind, providing an intuitive interface that simplifies the process of managing multi-currency accounts, making payments, and handling foreign exchange transactions. Focus on Emerging Markets: They addresses the specific needs of businesses in emerging markets, such as issues with foreign exchange liquidity and high transaction costs. This focus helps businesses in these regions to operate more efficiently and competitively. Support and Services: VertoFX offers around-the-clock support to ensure smooth and efficient transaction processing. Their specialist services cater to the unique needs of each business, providing customized solutions to optimize financial operations.