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Description
Established in 2018, Finrax is an award-winning CySec-approved crypto processor licensed in Estonia and Lithuania, facilitating both C2B and B2B transactions with focus on the high-risk segment. Our solutions contribute to the success of a significant number of iGaming and Forex trading businesses globally
Payment Methods
Back Office Tools
Accepted Business Sizes
Accepted Industries
Accepted Licenses & Regulators
Integration Methods
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Company Details
- Estonia
- 11-50
- Private
- 2018
Additional Details
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Risk AppetiteHigh Risk
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License TypePayment Service Provider
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RegulatedYes
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Live MID ETA2-7 days
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Processing currenciesBTC, ETH, USDT
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Settlement CurrenciesBTC, USDT, EUR, GBP, USD
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MDRtrxvolume
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Setup feesN/A
Last updated
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
Christos
11th Dec at 23:53Personal touch, great product, exemplary customer support