back Back

Leading crypto innovators select i2c to power global payments

By Pavithra R

November 23, 2020

  • I2C
  • USA
Share

Jim McCarthy, President at i2c Inc

i2c, a leading provider of digital payment and open banking technology, has announced a string of wins and product launches for some of the innovators in the cryptocurrency payments space, including Apto Payments, Crypto.com, NetCents and Wirex.

“From day one, we wanted to push the envelope. We set out to democratize card issuance and empower any company, of any size, in any industry, to design and launch new kinds of card programs. We needed a processor with great reliability and uptime, and i2c has been that for us. Not only was i2c comfortable helping us bring a crypto-based program to life, but we also knew they would be dependable given their work with many large banks,” said Mike McCarthy, Head of Business Development, Apto Payments which launched the first U.S., bitcoin-backed, debit card.

The cryptocurrency payments space is really taking off. Notable among the imaginative cases is a consistent pattern of execution that prioritizes global scalability, unprecedented speed to market, and accelerated innovation cycles, signalling what may be in store for the future of payments.

“Decades of working, the industry tell me these companies are leading the way forward. Beyond being excited for having been chosen a partner by these genuine innovators, we’re astounded by the way they embody the maxims that so many in the industry espouse, and so few actually live up to,” said Jim McCarthy, President at i2c Inc and a key figure in the payments industry.

The combination of the companies and their projects represent cryptocurrency’s steady ascent to the mainstream and sheds light on why so many large players are entering the game and why these organizations increasingly see themselves as payments companies.

“We’re an innovative payments company, bringing digital currency to a digital world. Over the past two years, we’ve brought cryptocurrency payments for merchants mainstream and grown our processing volume to over 5 million per month. Now we are ready to do the same for users, and the way for us to remain leaders in our industry is by working with market leaders and innovators like i2c. When looking for a partner who was able to both deliver global scale and a product that was flexible enough for our customized requirements, i2c was the obvious choice when selecting our partner,” said Clayton Moore, Chief Executive Officer of NetCents Technology.

“Crypto is a global proposition, so we were looking for a processor who had experience with multi-currency programs and global reach. I2c has everything we need to build a flexible product with the desired reach,” said Pavel Matveev, co-founder and co-CEO of Wirex.

Recently, i2c & Purewrist partnered to offer wearable solutions for contactless payments.

Established since 2001, i2c provides smarter payments and integrated commerce solutions which enable financial institutions to deliver high impact, personalized consumer experiences. Its SaaS platform which has advanced building “block processing” technology at its core provides credit, debit and prepaid solutions to financial services organizations.

Previous Article

November 23, 2020

Western Union to invest $200 million for 15% ownership in stc pay

Read More
Next Article

November 23, 2020

Plenti hits $1 billion achievement in loans originated

Read More






IBSi Daily News Analysis

UAE, money transfer

May 23, 2024

I2C

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

HSBC & Geidea to launch Omni Collect e-commerce payment solution in the UAE

Read More

Today

NeoFinity launches ‘NeoZAP’, a premier payment tag in India

Read More

Today

Lianlian DigiTech secures EMI license in Luxembourg

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023