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Description
MultiPass is a bank challenger that offers corporate clients multi-currency virtual IBANs, local EU, UK and US accounts as well as a corporate card to cover day-to-day business expenses.
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The company is at the scale-up stage having shown a 5-fold growth over the course of the last 12 months. MultiPass (a trading name of Multipass Platforms Ltd) was founded in 2017 as a part of Dyninno Group and is registered by FCA as an Authorised Electronic Money Institution (ref: 900840).
Payment Methods
Back Office Tools
Accepted Business Sizes
Accepted Industries
Processing in
Integration Methods
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Company Details
- United Kingdom
- 11-50
- Private
- 2017
Additional Details
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Risk AppetiteLow Risk
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RegulatedYes
Last updated
9th Dec
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.
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