Inpay
Key Data
- Trading Name: Inpay
- Legal Entity: Inpay A/S
- Activities: Cross-border payments
- Location: Copenhagen, Denmark
- Regulations: regulated by the Danish Financial Supervisory Authority (DFSA No. 22008)
- Key People: CEO Thomas Jul (Linkedin), Founder Jacob Tackmann Thomsen (Linkedin)
Inpay is a global payments system that enables rapid bank-to-bank transfers to any country with an approved banking system, without any money moving beyond the safe limits of trusted Local Banks.
Based in Copenhagen, Denmark, Inpay was founded in 2007 and has since expanded to serve clients in over 60 countries. Its clients include merchants, financial institutions, and other businesses in industries such as e-commerce, travel, and financial services.
Offering
InPay offers multi-currency cross-border payments to 100+ countries as an alternative to SWIFT wire transfers.
Their service includes:
- Invoicing and payment collection: InPay allows businesses to create and send invoices to customers, and provides a platform for customers to easily pay those invoices.
- E-commerce payment processing: InPay offers payment processing solutions for online businesses, allowing them to accept credit and debit card payments, as well as other payment methods such as PayPal and mobile payments.
- Subscription billing: InPay’s subscription billing solution allows businesses to automatically charge customers on a recurring basis, making it easy to manage subscription-based services.
- Currency exchange: InPay provides currency exchange services, allowing businesses to easily exchange one currency for another.
- Cross-border payments: InPay enables businesses to send and receive payments across borders with ease and at a lower cost than traditional methods.
- Virtual accounts: InPay offers virtual accounts, which enable businesses to manage and monitor their funds in real-time, with a dedicated IBAN and unique account number for each customer or transaction.
News
In 2018 Inpay acquired Eurogiro A/S – the global payments infrastructure of postal institutions, postbanks and financial service providers .
Industries
Their solutions can be used by businesses operating in various industries, including retail, hospitality, e-commerce, travel, financial services and more.
While Inpay does not have physical branches, they offer their services online, which can be accessed from anywhere in the world with an internet connection.
Pricing
Fees charged by Inpay may vary depending on several factors such as the location of the user, the type of service, and the currencies involved in the transaction.
Conclusion
We could not find anything negative or disturbing in the environment of inpay and all the necessary information is also available, so we rate it Green.
