Payment processor ECommPay attains MasterCard Principal Member status LeapRate

April 30, 2015 BY Mike Fox

Payment processor ECommPay attains MasterCard Principal Member status

Having become a VISA Principal Member earlier this year, payment processor ECommPay has now attained a similar honour from international payment system MasterCard. The title of MasterCard Principal Member, awarded on April 29th 2015, as well as the accompanying license agreements, are valid in all member states of the European Union. Michael C.G. Charalambides, director…

March 23, 2015 BY Mike Fox

Reverse takeover by Optimal Payments of Skrill for $1.2b to create dominant payment and digital wallet service

Optimal Payments, who operates the popular competing NETELLER service has intentions for main market listing and FTSE250 Index inclusion as soon as possible after completion…

February 18, 2015 BY Mike Fox

FCA authorized ECommPay named a Visa Principal Member

Just officially announced, VISA's European Board of Directors has granted VISA Principal Member status to payment processing company ECommPay. ECommPay creates bespoke payment solutions for e-Commerce merchants, enabling them to make and to accept payments via VISA/MasterCard and China Union Pay bankcards, as well as through popular alternative payment systems. The newly acquired status demonstrates…

December 13, 2014 BY Andrew Saks-McLeod

CySEC clarifies rules for using PSPs to move customer funds

CySec has issued a circular with regard to handling of client funds, highlighting the obligations of every CySec regulated company with regard to responsibilities with regard to transferring money, appropriation and capital adequacy

Tag: payment providers