News and resources on payments systems, innovations and initiatives worldwide.

Paysafe's viafintech enters Spain with Pecunpay

Source: Paysafe

viafintech GmbH, brand of the leading specialised payments platform, Paysafe (NYSE: PSFE), announces a partnership with Pecunpay to launch a new cash deposit and withdrawal network in Spain.

Pecunpay, brand of e-money institution Pecunia Cards EDE, specialises in innovative e-payment and e-money processing systems. The collaboration enables fintechs who partner with Pecunpay to leverage its core banking system and licences to offer consumers easier access to cash deposit and withdrawal services at numerous supermarket checkouts across Spain.

The new cash-in/cash-out service is now available through Pecunpay’s integration of viacash, powered by Paysafe. Pecunpay’s fintech partners can access viacash as a white-labelled solution and customise the cash deposit and withdrawal service with their own brand, resulting in a consistent customer journey and experience for the end user.

Antonio García Cruz, CEO of Pecunpay, commented on the significance of the new partnership: “Through the launch of this new network, consumers will have much easier access to cash, by being able to use cash withdrawal and deposit services at partnering supermarkets and stores across Spain. This is a vital step in providing services that are focused on the needs of consumers.”

Sergio Kvaternik, General Manager Spain at viafintech, added: “Our partnership with Pecunpay allows us to leverage our joint strengths and align our complementary services. Together we can provide improved access to cash to many more companies and their customers, thanks to our extensive POS network in Spain.”

Comments: (0)