Case study

Paysend

An international money account for business. Paysend Business is a business banking platform specially designed for SMEs and sole traders who want flexible, simple and secure bank accounts to help them run their businesses. Starting a business account with Paysend takes minutes, and removes the slow and stressful process of setting up with a traditional and outdated bank.

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Paysend & Crassula - a banking solution for international companies

Paysend Connect combines high-end Crassula technology and powerful Paysend infrastructure. The platform allows: to open multi-currency business accounts, make SEPA/SWIFT transfers, issue corporate Mastercard and process online payments.

Crassula Core Banking SaaS provided by Crassula allows using Paysend Connect services by financial institutions and PSPs. Moreover, Paysend Connect attracts Telecoms, Retailers, Social networks and other businesses to embed FinTech products into their solutions within days.

Paysend Connect is a result of a tight collaboration between Crassula Digital Banking Platform and Paysend infrastructure. Through collaboration with Crassula, Paysend expands its services to the corporate world.

Crassula Products and Features used

All Crassula Core-Banking software modules are secured and audited according to PCI-DSS level 1 standards certification.

KYC and Onboarding

Regulatory approved KYC and Onboarding procedures

SEPA payments

High grade secured SEPA payments connector to Lithuanian Centrolink

Operational process

Bank standard grade operational process workflows and business processes management

MasterCard card issuing

MasterCard card issuing and management module for plastic and virtual card

PSP module

PSP module, card acquiring integration with BPC SmartVista

Public API

Crassula Banking Public API for customization of landing pages, onboarding and mobile applications

Financial Monitoring Software

Anti-sanctions and Financial Monitoring Software

Back Office

Back Office

Ledgers

Internal Ledgers

Crassula's product allowed us to quickly launch a payment business. A huge advantage is the availability of integrations with many banks and acquirers, which makes it possible to quickly connect new payment methods for customers.

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