February 8, 2016

Saxo Payments set to launch industry white paper at Money2020 Europe

LONDON - – Saxo Payments, the global transactions services provider, is using the inaugural Money2020 Europe exhibition and conference to launch an industry whitepaper examining the challenges and opportunities in the B2B payments arena. Featuring exclusive research amongst PSPs, acquirers, banks and merchants, the Saxo Payments white paper will provide an insight into the barriers that need to be overcome for businesses trading across Europe.

“There is no question that the payments industry is facing an enormously exciting period and Money2020 Europe is certain to provide a great forum for businesses operating in and around this sector to debate the challenges and opportunities”, said Anders la Cour, Chief Executive Officer, Saxo Payments. “But our exclusive research has identified that despite the phenomenal pace of innovation, it appears that businesses are putting up with high costs and slow service when it comes to cross border B2B transfers simply because they don’t have the time and resources to challenge the status quo.

“We look forward to talking to the payments providers that are seeking to offer merchants a better service and will be identifying where the Saxo Payments Banking Circle can play a pivotal role.”

The Saxo Payments Banking Circle, which announced its first members last June, delivers significant advantages for FinTechs and their merchants, providing transaction fees lower than any traditional bank; highly competitive FX rates and transfers in minutes or seconds rather than days.

 


 

 

 

 

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