Company News

Wallter® Launches New Card Processing Services in Partnership With World-Card

October 13, 2022

Yes, Wallter®, the leading European electronic money institution, and World-Card, a payment solutions provider, have signed a strategic partnership that enables Wallter® to offer its business clients card processing services. This new solution will allow companies to accept card payments from all over the world and in multiple currencies, with full access to transactions on an ongoing basis.

Through the partnership with World-Card, Wallter® will provide its corporate clients advanced capabilities to accept card and online payments from their clients and have a seamless card payment journey - from card issuance to card processing and management.

The key benefits of card processing services include:

Seamless onboarding process — Wallter® customers will enjoy a quick and straightforward onboarding process for card payments processing services.

Easier settlements thanks to in-house monitoring — The full integration with World-Card systems enables Wallter®’s monitoring/operation teams to review and approve customer settlement transactions in real-time.

Full access to card transactions, which allows companies to manage cash flow in real-time — Companies will be able to see all the information about fund flows in real time.

Better C2B payments — World-Card takes care of all the nitty-gritty details so that companies can flawlessly accept online payments.

Speaking on the partnership, Isaac T. Armoni, Chief Executive Officer at Wallter®, stated: “The partnership with an outstanding payment solutions provider such as World-Card has been a long-term objective for Wallter® and this allows us to continue our development journey. We are working to provide our customer send-to-end international payment solutions in one state-of-the-art platform, we are now one step closer to facilitating a B2B and C2B payments business model that will improve a business overall performance. Every business is unique, especially when it comes to accepting payments. The technology that a company uses to run the business is essential to the success, so it pays to really understand the needs and get the best payment technology solution possible.”

Co-founder of World-Card, Rotem Zacary, stated: “Since its establishment World-Card has built a unique, versatile payment network for online merchants, providing global coverage with innovative technology, supporting companies in their global expansion. We found Wallter® as a leading partner with mutual values and client success approach to have synergy and to establish long term collaboration that will support both World-Card and Wallter® clients”

Launched in 2017, Wallter® is based in Vilnius, Lithuania, and has 60+ employees. The company is committed to year-over-year sustainable and organic growth. At the end of 2021, the total payment transactions initiated within the last 12 months totaled EUR 2.5billion, a EUR 1 billion increase compared to 2020.

The platform has been designed to be fully adaptable to businesses operating worldwide. It enables them to make global payments conveniently, quickly, and securely from anywhere, at any time. The company will continue to deliver an exceptional customer experience and develop new products that redefine and modernize traditional banking and payment services. Crypto and blockchain technologies are the next step.

 

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About Wallter®

Wallter® is the leading electronic money institution licensed by the Bank of Lithuania. It offers FX and international payment solutions and related services to companies throughout European Union, but this is not its only focus. It caters to hundreds of corporate clients with services customised and adapted to their needs: from IBAN accounts (designated SEPA IBAN accounts; aggregated SWIFT IBAN accounts), B2B money remittance, and multi-currency e-wallets to prepaid business cards (Mastercard). On our platform, clients can receive funds in 40 and make payments in 100 supported currencies. Learn more at www.wallter.com.

About World-Card

World-Card (www.world-card.com) is a leading payment gateway provider for online merchants, providing global coverage with multiple payment methods available for a variety of online merchant industries. Established in 2019 World-Card provides actively client success approach, maximizing merchants approval rates while mitigating online payment risks for its clients.

 

For media inquiries, please contact:

Mihaela Iacob, Marketing Manager Wallter® - mihaelam@wallter.com

Designated IBAN Accounts

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