Malta-based payment service provider FinXP has announced a new strategic partnership with CashtoCode, an instant cash payment service for online merchants.
The partnership will offer FinXP merchants CashtoCode as a new payment option, in order to accept cash payments for online goods and services.
“The payments industry is very crowded and it is filled with me-too products that end up competing on price. At FinXP, we are applying our long experience in the industry to identify previously unseen opportunities that allow us to add value in new ways. Innovation is key, and therefore we are proud to work alongside CashtoCode who share a philosophy similar to ours,” says FinXP CEO Jens Podewski of the partnership.
“We’ve seen a surge in demand for cash payments for online goods, and there is a community of people who will always prefer to pay by cash wherever and whenever possible,” continues Jens Bader, CashtoCode CEO. “FinXP is a fantastic platform and the benefits of this partnership will be felt in many places. It offers us a great new route to market and broadens FinXP’s payment options even more. It will help hundreds of merchants to start accepting cash payments ASAP and give customers who prefer cash an alternative and secure way to pay for their favourite digital products and services.
FinXP is known for offering its merchants several specialised payment options, combined with seamless integration to help them adopt new payment services quickly and easily. It is expected that there will be high demand for CashtoCode’s unique cash deposit services among its merchants, primarily among iGaming operators, digital entertainment brands and financial services.
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FinXP CEO Jens Podewski
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