EveryMatrix launches new payment service provider

21 September 2017

EveryMatrix Group has announced the official launch of its new payment service provider, MoneyMatrix.

The payments processing and risk management solution, approved by the Malta Financial Authority, will incorporate more than 150 payment solutions, along with fraud and know-your-customer tools.

EveryMatrix has said that the new solution has been designed to support a “fully managed service or a simple software agreement”, offering both security and encryption for all card data transmission and storage.

MoneyMatrix will now be made available to merchants via a customisable API.

Sandra Barton, chief executive of MoneyMatrix, said: “We built an omni-channel platform to assist merchants looking to reduce their development, operational and PCI DSS overheads through the utilisation of MoneyMatrix.

“Managing their payment requirements through a single agreement and integration will accelerate their speed to market and ability to localise their content.

“Merchants will be able to easily enter new markets and attract new customers without the need for long protracted contract negotiations with individual payment vendors coupled with the long lead times to get live with the new solutions.”

Barton added: “We have compiled a team of seasoned professionals with over 40 years’ experience working in ecommerce payments, gambling and risk management, so it is our objective to put all that knowledge and expertise to work for our clients.”

Related article: Regal Group launches flagship brand with EveryMatrix