EveryMatrix announces MoneyMatrix payment service provider

20 September 2017

(PRESS RELEASE) -- After recently receiving the final approval from Malta Financial Authority, EveryMatrix Group is excited to officially announce MoneyMatrix, the new Payment Service Provider.

Revealed in Q1 2017, the payments processing and risk management solution has been developed to provide a holistic approach to operators looking for a single service platform. Incorporating 150 plus payment solutions along with fraud and KYC tools, MoneyMatrix is available to merchants via a customizable API.

Sandra Barton, MoneyMatrix CEO, stated, "We built an omni-channel platform to assist merchants looking to reduce their development, operational and PCI DSS overheads through the utilization of MoneyMatrix. Managing their payment requirements through a single agreement and integration will accelerate their speed to market and ability to localize their content."

MoneyMatrix enables operators to provide the highest levels of security and encryption for all card data transmission and storage, thereby significantly reducing the PCI requirements and costs for their clients. MoneyMatrix designed the business in a flexible way to support a fully managed service or a simple software agreement, whatever type of service the client needs.

Sandra Barton added, "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.

"Importantly, we want to be a true business partner and support the growth and development of our clients' businesses, we don't just want to sell a solution, we want to sell our service. We have compiled a team of seasoned professionals with over 40 years of 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."

With the implementation of the 4th AML Directive and the ever-increasing KYC requirements from regulators around the world, MoneyMatrix partnered with some of the best technology providers to bring solutions to the table to mitigate risk and reduce the friction to accepting payments.

As a full-service provider, MoneyMatrix aims to remove the complexity and significant overhead payment processing can have by providing its customers with a simplified way to access a global range of solutions for payments, risk and KYC, back office management systems, rules and routing mechanisms that give merchants full control and visibility of their portfolio.

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