Transact365, a UK-based global payments platform, powering merchants across the globe, has expanded further by growing its offering of solutions with its new Canadian FINTRAC MSB license.
Founded in 2017, Transact365 offers a global payments solution platform for merchants across the world in leading industries. Headquartered in London, Transact365 now works with over 800 merchants to access e-commerce opportunities in five continents through local payment processing solutions.
Building on an already comprehensive range of existing payment solutions across the UK, Europe, Asian and African markets, Transact365 continues to link multiple territories and billions of potential customers through its centralised payment gateway.
Transact365’s expansion comes at a time when Canada is undergoing a significant transformation towards digital payments and financial services. “As a global facing fintech, we’re always looking for ways to further support merchants across the globe with payments,” said Sophie Flynn, Co-Founder and CFO at Transact365. “With so much demand for digital and alternative payments as well as better interoperability in the North American market, we’re thrilled to be able to provide further support and opportunity to any company working in or with the region.
“Our mission continues to be guided by the principle: Think Local, Go Global. This core philosophy drives our commitment in delivering a global service for our merchants in a truly localised way. Through our on-the-ground consultative approach to partners, we develop niche, bespoke, and specialised solutions for our clients in an unparalleled way.”