In this collaboration, myMoney will play the role of a payment facilitator for UK-based merchants, enabling them to accept payments via various payment methods such as Visa, Mastercard, WeChat Pay, Alipay, and many more.
Accordingly, DECTA joins the partnership as an acquiring bank and powers the technical side of the solution for Visa and Mastercard payments.
Based in the City of London, myMoney® is one of the leading cross-border payment solution providers in Europe and an official partner of the most popular mobile payment services, including
- and many more.
Since its inception in 2013, myMoney has committed to elevating restrictions between countries, aiming to provide the most efficient cross-border payment solutions to businesses and individuals in European countries.
Partnership with DECTA is intended to give myMoney the freedom to onboard a wide range of clients who wish to use Visa and Mastercard payment services through myMoney as a payment facilitator. This will help UK-based merchants and businesses alike to boost online payments by enabling integration with the most popular international payment methods.
With the support from DECTA, the result is a solution that is secure, reliable, and developed fully in line with the FCA regulations.