[London, February 2023] — Paysecure, the global payment company, together with Quickbit, a Swedish fintech company specializing in cryptocurrency integration, unveils a secure on-ramp solution. This innovative product aims to provide users with a reliable and straightforward method to convert fiat currency into digital assets, catering to the increasing demand for cryptocurrency adoption.
The newly launched product is now available for testing, allowing clients to experience the convenience and security it brings to the global transactional marketplace. The secure on-ramp solution is designed to make cryptocurrency integration seamless, and eliminates currency-related barriers, providing a safe entry point for businesses into the world of digital assets.
Paysecure’s commitment to data security and regulatory compliance is fortified by its PCI DSS certification. These certifications underscore Paysecure’s dedication to maintaining the highest standards in securing sensitive financial data.
In September 2023, the two companies renewed their collaboration, Paysecure sharing its expertise in payment technology to enhance Quickbit’s tech capabilities, solutions, and products. The collaborative goal was to optimize merchant outreach and user experiences on the Quickbit App. Additionally, Paysecure facilitated the migration of customers and users from its legacy transaction structure to Quickbit.
In addition, Quickbit and Paysecure have entered into an agreement for an interest-free convertible bridge financing, provided by Paysecure to bolster Quickbit’s short-term liquidity. This strategic move falls within the parameters of the option program unveiled on November 28, 2023, ensuring that shareholders face no risk of further dilution concerning this bridge financing.
For more information on Paysecure’s partnership or to explore the integrated solutions, please visit https://paysecure.com/.
About Paysecure
Paysecure serves as the premier gateway to streamlined and optimized online transactions. Its comprehensive suite of products, including payments processing, orchestration platform, and the innovative User Trust Score, is designed to elevate business capabilities. As a trusted global payment company, Paysecure specializes in providing a one-stop-shop solution for businesses, facilitating seamless integration with Payment Service Providers (PSPs) and acquirers across diverse industries covering eCommerce, forex, marketplaces, and many more.
With a single payment gateway integration, Paysecure offers to both B2B and B2C entities the flexibility to access diverse payment methods and swift pay-outs, accelerate transaction speeds, achieve market readiness, reduce fraud and chargebacks and ultimately boost sales conversion results.
