ISX Financial Announces the Launch of PaidBy® in the United Kingdom

Written by Jamie K | Nov 28, 2023 8:14:09 AM

ISX Financial UK Ltd (ISX) is proud to announce the official launch of our innovative product, PaidBy®, in the United Kingdom.

PaidBy® represents a significant leap in online payment processing, seamlessly linking businesses to the UK’s expansive banking network, whilst being cost competitive with online card payment processing. This account-to-account solution empowers online customers to make instant payments directly from their bank accounts, enhancing the efficiency and security of digital transactions.

“Our mission at ISX Financial is to revolutionise the way businesses manage their financial transactions,” said Nikogiannis Karantzis, CEO of ISX Financial. “With the launch of PaidBy® in the United Kingdom, we are taking a significant step forward in providing our clients with a tool that not only simplifies but also secures online transactions, whilst improving cashflow and aligning with the consumer’s expectations in today’s digital economy.”

The launch of PaidBy® is set to transform the e-commerce landscape in the UK. By enabling direct bank payments, customers can enjoy a more streamlined and secure checkout experience. Businesses on the other hand, benefit from the immediate confirmation of payments, same day FPS settlement 24Hrs/365 days per year, reduced transaction costs and minimised fraud risks.

PaidBy® is designed to integrate effortlessly with existing online platforms, ensuring a seamless adoption process for businesses of all sizes. With its user-friendly interface and robust infrastructure, PaidBy® stands out as a reliable and innovative solution in the fintech sector.

For more information on PaidBy®, please visit www.paidbybank.com.