Spain-based Verse, a mobile P2P payments provider, wanted to seize an opportunity to move quickly on the P2P payments scene to allow its users to instantly send money to any eurozone country – without the need for Verse to rely on an intermediary to execute payments.
Metasite SEPA Payments Plug-In Application allowed Verse to access SEPA payments by connecting their core system to the Central Bank of Lithuania CENTROlink payment system. The integration enabled Verse to confidently go live with the full range of cross-border payments – SEPA instant payments, credit transfers and direct debit – driving a significant increase in payment transactions.
The company is now part of the Cash App organisation, a mobile payment service developed by a US-based fintech Square with over 36 million monthly active customers.
To any financial institution or fintech seeking a reliable technology partner, we would recommend Metasite with confidence.”
See the full case study here: Verse confidently rolls out SEPA payments thanks to Metasite expertise