Cardpay Rebrands to Unlimint with Push for Global Expansion

Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term solutions provider, Cardpay announced on Tuesday that it has rebranded itself to Unlimint as the company is strategizing its growth in the international markets.

“If you want to go global, you have to understand the local and you have to quickly adapt to changing consumer expectations,” Unlimint founder and CEO, Kirill Evstratov said in a statement.

The Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company was founded in 2009 and has become a well-known payments player in the B2B market. It offers several alternative payments methods through its ‘all-in-one’ plugin that merchants can integrate into their online stores.

“With our revolutionary banking solution, designed by entrepreneurs for entrepreneurs, we are blurring the line between traditional banking, digital wallets, and cards payment,” Evstratov added. “This is why we are now called Unlimint: we provide unlimited growth opportunities for our international customers, freeing them of the payment constraints so they can concentrate on being ready for tomorrow.”

The Push to Become a Global Player

Unlimint already has a significant international presence. It has 14 international offices, employing over 300 staff. As the expansion plans are tagging steam, it is now planning to add over another 40 employees. It also has plans to add a new office at Frankfurt.

Its business is focussed on key growth areas globally, such as Latin America and Asia, as well as the markets in Africa and Europe.

The payments company is also expecting higher growth in a boost in sectors like e-commerce and gaming, and the many major economies push to go cashless. It is also optimistic about the effect of the pandemic on several industries and their shift to a digital environment, spiking the need for payments.

“Our people are tuned in to the latest trends and innovations in disruptive tech markets, and intimately understand the time-poor life of digital innovators,” Evstratov added. “From London to Singapore and from San Francisco to Sao Paulo, we help businesses enter new markets by making it simple for them to transact in the way people want.”