LumiPay signs agreement with Secure Trading Financial services as a merchant introducer. This allows LumiPay to agree rates with prospective clients and to have a 50/50 profit share with the acquiring banks.
The beneficial base rate at cost means LumiPay can make margin on even the lowest rates and be competitive in the market. This is a substantial step in becoming a strong player in the Payment Gateway and merchant services industry.
LumiPay is a payment gateway service which is approved for all industries including high risk industries, originally focusing on the CBD industry LumiPay has now moved to focusing on the general e-commerce industry. LumiPay can still provide high risk industries such as CBD an excellent service but also bring its own value, competing with the likes of Stripe on top rates for businesses.
About Secure Trading:
SECURETRADING FINANCIAL SERVICES LIMITED (t/a “acquiring.com”), a company duly registered at the Registry of Companies and licensed by the Malta Financial Services Authority, under the laws of Malta, with Company Registration number C 56013 and having its registered office at Ewropa Business Centre, Level 2, Triq Dun Karm, Birkirkara, BKR 9034, Malta (“Acquirer”), 2. ORH Marketing Ltd, a company incorporated under the laws of Ireland with registered number 500962 and having its registered office at Ballatrasna, Greenore, Dundalk, Louth, Ireland (“Merchant Introducer”).