Pay IO
Pay IO enables businesses to easily manage everyday financial operations with their own business accounts, eliminating the need for branch visits, offering fast and straightforward onboarding. With a team of experts boasting years of experience in banking, payments, and technology, Pay IO is dedicated to helping businesses and customers prepare for the future of payments. Designed for the digital generation.
Pay IO & Crassula - Banking Solutions for Seamless Payments
Crassula has developed a comprehensive banking offering for Pay IO, allowing the execution of both incoming and outgoing payments, aiming to eliminate the pains and obstacles experienced in the current financial sector by providing simple, quick, and secure processes for the payment of goods and services
Services include
- Business accounts
- Virtual and physical debit cards
- Payments via UKFP
- BACS
- Direct Debit and SEPA
- Payments powered by Open Banking
- Multi-currency exchange
Crassula Product Used
Crassula Core Banking
Crassula White Label Core Banking platform helps orchestrate essential banking business processes, helping quickly set up banking operations, onboard customers, process transactions, and generate reports with a flexible and scalable architecture.
Features Involved
All Crassula Core-Banking software modules are secured and audited according to PCI-DSS level 1 standard certification.
White Labeled UIs
Web, iOS and Android appsKYC and Onboarding
Regulatory-approved KYC and Onboarding proceduresAccounts
Internal Ledgers and IBANsCard Issuing
Plastic and virtual cards for businessesFiat Payments
High-grade secured local, international and EU payments connectorBack Office
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