OverviewxMoney
is a fintech company founded in 2017 as Utrust, headquartered in Braga, Portugal, with a main operational office in Bucharest, Romania. The company is committed to providing global merchants with a unified cryptocurrency and fiat currency payment solution, aiming to simplify the cross-border payment process and improve transaction efficiency.
Regulatory Information
xMoney obtains an Electronic Money Institution License (Authorization No. IEME-RO-0001) from the National Bank of Romania through its subsidiary, Capital Financial Services S.A., and complies with the EU Regulation on the Regulation of the Cryptoasset Market (MiCA) and Estonia's Virtual Asset Service Provider (VASP) regulatory requirements.
Core Products &
Services1. Cryptocurrency PaymentsxMoney
supports merchants to accept a variety of cryptocurrency payments, including BTC, ETH, EGLD, USDT, USDC, UTK, and more. The platform provides instant settlement, and merchants can choose to automatically convert crypto revenue into fiat currency, reducing the risk of market volatility.
2. Fiat Currency
PaymentxMoney provides a comprehensive fiat currency payment solution, supporting multiple payment methods such as credit cards, debit cards, Apple Pay, Google Pay, etc. The platform has PCI DSS Level 1 certification to ensure transaction security.
3. Payment LinksMerchants
can create payment links through xMoney to facilitate customers to pay via SMS, email, or social media, which is suitable for freelancing, online sales, and other scenarios.
4. Subscription and Recurring BillingxMoney
supports recurring subscriptions and automatic billing, which is suitable for SaaS, membership sites, and other business models that require recurring charges.
5.
xMoney provides a powerful merchant backend that supports transaction monitoring, refund processing, revenue analysis and other functions to help merchants manage their payment business efficiently.
Technology &
SecurityxMoney focuses on the security and compliance of transactions, and has taken a number of measures to ensure the security of user funds and data:
- PCI DSS Level 1 Certification: Ensures the security of processing and memory card data.
- Strong Customer Authentication (SCA) and 3D Secure 2.0: Improve the security of payment transactions.
- AI-driven fraud detection system: Monitor transactions in real-time to prevent fraud.
- Partnering with TRM Labs and Onfido: Strengthen Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance.
Market Positioning and Application
ScenariosxMoney's target customers include e-commerce platforms, SaaS providers, freelancers, travel and hospitality industries, and more. Its flexible payment solutions are suitable for a variety of business scenarios, helping merchants expand into global markets and improve customer payment experience.
As a fintech company that integrates cryptocurrency and fiat currency payments, xMoney provides a variety of payment solutions to meet the needs of different merchants. It excels in compliance, security, and user experience, making it ideal for merchants looking to expand into a global market and accept multiple payment methods. However, when choosing xMoney as a payment service provider, merchants still need to evaluate the suitability of their services based on their business needs and target markets.
