Image showcasing advanced payment processing solutions by CardPay - Global Banking & Finance Review
This image represents CardPay's innovative payment processing solutions, emphasizing its role as a leading provider in the e-commerce and banking sectors, ensuring secure transactions for global customers.
Business

PAYMENT PROCESSING SOLUTIONS

Published by Gbaf News

Posted on September 19, 2014

3 min read

· Last updated: November 1, 2023

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Introduction to CardPay Payment Solutions

CARDPAY is a leading bank cards processing services provider. Being a VISA and MasterCard authorized partner and holding Level 1 PCI DSS Certificate, CardPay offers a variety of robust payment processing solutions for institutional customers worldwide.

CardPay was founded in 2009 and in spite of its relatively young age the company has already become an acknowledged and reputable player both on European and International scenes.

Licenses and Industry Recognition

Possessing a “Payment Institution” license and having itself repeatedly listed among certified and authorized payment service providers, CardPay deservedly appears in the top-ratings of Online Payment industry.

The company was constantly developing during all these years and this is what Alexander Shum, Head of Sales and Business Development at CardPay thinks about current progress of his company and its short-term prospectives:

Trends and Challenges in E-Commerce Payments

“…E-Commerce industry develops rapidly nowadays. More and more purchases are made online, the variety of online products and services increases every day. New countries and entire regions are getting involved in the industry as a result of deep and fast internet and technology penetration to emerging markets such as Asia Pacific or The Middle East. All these aspects, as well as tough competition between the biggest players of the industry, act as a powerful driver for CardPay development. In order to stay at the same high level and grow further, we always have to be in tune with the latest tendencies and even slightly ahead of them. Our technologies must be innovative, our Customers and their transactions data should be highly secure and protected, our services and conditions must be 100% transparent and cost-efficient. To my opinion, our professional international team meets all these requirements and handles all these tasks successfully!

Of course there are many challenges to cope with. Card Schemes rules and regulations are getting stricter every year; unstable political situation in the world causes a lot of risks and difficulties for our existing and potential Customers’ business; the majority of cardholders are still not paying enough attention to their personal information safety which provides great opportunities for fraudsters of all kinds. In such tensional and frequently changing business environment CardPay’s main goals are to permanently stay fully compliant with all the regulations and security standards, to keep developing our new hi-tech financial products and solutions, to expand our geography and successfully adapt to new markets’ needs.

We are coming to the end of this year with significant achievements and business results and with great plans and projects for the next year. Stay with us, watch our news, meet us at international events throughout the Globe – we will be happy to meet new people and new companies and offer our outstanding services!”

Key Features of CardPay Services

CardPay has proven itself to be a company offering:

  • Top flight technology and software
  • Flexible individual approach to every customer
  • Significantly low transaction rates and absolutely no hidden costs
  • The highest possible security standards
  • Complete transparency and accuracy of financial settlements

Awards and Industry Participation

CardPay has recently been awarded as the Best Payment Service Provider in Western Europe 2014 by prestigious Global Banking & Finance Review (UK). Besides that, being an active participant of Social Life, our company has proudly become an official sponsor of Apollon Limassol football club since September 2014.

Visits our website at www.cardpay.com for more information about our payment solutions and services. CardPay is exactly what Your online business was missing all this time in order to succeed!

 

Key Takeaways

  • CardPay is a VISA and MasterCard authorised partner with Level 1 PCI DSS certification.
  • Founded in 2009, CardPay has grown into a reputable international payment institution.
  • CardPay emphasises innovation, transparency, low rates, top security and compliance.
  • Awarded Best Payment Service Provider in Western Europe 2014 by Global Banking & Finance Review.
  • Sponsorship of Apollon Limassol reflects CardPay’s active engagement in social initiatives.

References

Frequently Asked Questions

What certifications does CardPay hold?
CardPay is VISA and MasterCard authorised and holds a Level 1 PCI DSS certificate.
When was CardPay founded?
CardPay was founded in 2009.
What regions does CardPay serve?
CardPay serves institutional customers across Europe and internationally, targeting emerging markets like Asia‑Pacific and the Middle East.
What award has CardPay received?
It was awarded Best Payment Service Provider in Western Europe by Global Banking & Finance Review in 2014.
Does CardPay support sponsorship or social engagement?
Yes, CardPay has been an official sponsor of Apollon Limassol football club since September 2014.

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