K based API, but an upgrade to AEMI is imminent. Principal members of China UnionPay (issuing and acquiring), Visa (issuing) and finalising their agreement with Mastercard (issuing and acquiring).

Own software including a fully working payment gateway (which is PCI Compliant), internet banking system and card management system.

Approx. 200 corporate customers on their books and turn over approx. 4-8 mill EUR per month. They are participants in SEPA scheme and have joined SWIFT.

Company average 200,000 revenue per month (through their SEPA payments and Voucher issuing services) and with China UnionPay ready to go that will increase to 300,000 per month.

Opportunities
transfer money worldwide

issuing e-wallets, prepaid & contactless cards

transfer money including e-money from one user account to another

setting up direct debits and processing standing orders, BACS or CHAPS payments

creating e-wallets and transacting mobile payments

P2P payment solution at crowd funding and market place platforms

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Example of Businesses
Money transfer / remittence operators

Merchant acquirers

Prepaid card issuers

Mobile network operators offering payment services

P2P e-wallet operators

Crowd funding platforms