PSP in the Middle East
A UK established PSP is expanding into the Middle East and starts a new PSP operation
Reduce dependency and technical costs & optimize security & scalability
A UK established PSP is expanding into the Middle East and wants to start a new PSP operation. Her focus is on merchant acquisition and relationships with governments. She prefers to run her operation on a White Labelled PSP solution in order to reduce dependency on technical experts, costs for IT and security and Time-to-market.
“Our full PSP operation was live without having the need to hire developers. We started immediately after the first training of our payment team.”
The PSP has investigated multiple vendors of White Label Payment Platforms and selected Magnius for her operation. Some of the unique features that Magnius offers convinced them to start the cooperation were: intelligent routing, advanced payment profiles, the limitless merchant hierarchy, a personalizable payment page and most of all the possibility to manage buy and sell rates.
The scalability and security provided by Amazon was a plus as this made it easy to deploy the platform.
The PSP was able to connect her first customers after the implementation time for deployment. Specific procedures like custom merchant payout, AML / KYC compliance activities and marketing material have been finalized along the way.
The PSP now has a competitive offering in the Middle East and she is expanding throughout the region.