![menu-news[1]](https://connectpay.com/wp-content/uploads/2022/01/menu-news1.png)
![menu-about[1]](https://connectpay.com/wp-content/uploads/2022/01/menu-about1.png)
![menu-careers[1]](https://connectpay.com/wp-content/uploads/2022/01/menu-careers1.png)
EN
LTBanking as a Service -
financial solutions that help your business scale
Maximize your business reach with our embedded financial services while working under our EMI license.
A hassle-free banking experience
for you and your customers
Acquiring your own EMI license is complicated and expensive, and that’s before you factor in maintenance, that’s why you can partner with us.
Connect to our developer-friendly API and easily integrate banking services (accounts, payments, FX, white-label VISA debit cards and more) into your client interface.
This is what we
take care of for you
-
KYC/Onboarding
-
Handle
inter-bank
queries -
AML/CTF
monitoring -
Report to
authorities -
Issuing IBANs
with LT prefix -
Currency Exchange
-
Issue and manage
VISA cards -
Account
top-ups -
Inter-ledger
transfers -
Executing
payments -
Collecting
fees -
Refunding
end-users
Banking as a Service – tailored
solutions for multiple industries
Companies without a financial license:
- Aggregators
- Marketplaces
- Messaging platforms
- Loyalty program operators
- Crowdfunding platforms
- P2P Lending platforms
Companies with a financial license:
- Banks
- Payment providers
- Remittance companies
- Neobanks
Your compliance
taken care of
As a licensed financial institution, we take care of all compliance matters, and we go the extra mile. We’ll cover KYC procedures, AML/CTF monitoring, and report to authorities for you, meaning you don’t need to hire a compliance team of your own.
We’re here for you
Our team is hands-on to ensure all your transfers and payments run smoothly and stay compliant. And we’re here 24/7 to offer support and guidance on all banking-related matters.
Flexible integration
Each use case is different, that’s why we have built our APIs in a way that can be tailored to your business model, no matter how complex it is. For all matters related to IBAN accounts and payments, we’ve got you covered.
Responsibility breakdown
Here’s a simple breakdown of how we divide responsibilities when it comes to handling your clients and their funds.
You, the partner
ConnectPay
Contract
Secure digital channels (web/mobile)
Partner risk and info security assessments
End-user onboarding
Client acquisition/marketing
Data verification & risk assessment
Data collection
Account opening decision
Executing payments
Client authentication
AML/CTF monitoring
Payment authorization
Payment execution
Claims
Handling claim requests
Refund end-users if claim is justified
Claim investigations
Support
Handle all customer queries
Partner support
Handle network (bank) queries
Reporting
Full regulatory supporting
Here’s a simple breakdown of how we divide responsibilities when it comes to handling your clients and their funds.
|
|
You, the partner
|
ConnectPay
|
|---|---|---|
| Contract | Secure digital channels (web/mobile) | Partner risk and info security assessments |
| End-user onboarding | Client acquisition/marketing | Data verification & risk assessment |
| Data collection | Account opening decision | |
| Executing payments | Client authentication | AML/CTF monitoring |
| Payment authorization | Payment execution | |
| Claims | Handling claim requests | Refund end-users if claim is justified |
| Claim investigations | ||
| Support | Handle all customer queries | Partner support |
| Handle network (bank) queries | ||
| Reporting | Full regulatory supporting |
Making things
easy for you
Open-ended contract
Full service offering, no strings attached.
Tailored to your needs
Our flexible solution can be adjusted to your business model needs.
We’ve got an active clientele that trust us with their funds
1.1B
Monthly Payment Turnover
500K
Transactions per month
150M
Client funds held by ConnectPay
