PSI Pay is an alternative banking solution that operates in real time. The system provides members with the access to deposit and withdraw money from within its localized banking network. Transactions are frequently in real time. It allows its business customers to accept payments and make payments online, offline, and via the mobile app. Additionally, it keeps an accurate and timely reporting on the transactions.
The company headquarters are in Europe. It was founded in 2007. It is regulated by the United Kingdom Financial Conduct Authority. More and more business owners are selecting the PSI Pay method of banking, and in 2015 alone, the company experienced a 30% increase in growth. That trend in growth has continued as new members are constantly turning to digital payment alternatives from PSI Pay. Payments can be made or received instantly. Transactions can take place using 44 different currencies, a feature that attracts the attention of its members, and encourages frequent usage by its members around the world. Investors trading on the foreign exchange markets can readily conduct transactions in the currency of their choice. Other more traditional forms of banking may not immediately clear the funds. With PSI Pay, the funds are available in the investor take immediate advantage. The company also features the benefit of MasterCard transactions, and tracks these transactions. It is in full compliance with the regulations of the FCA Regulatory Authority.
PSI Pay also offers the solution for keeping track of transactions made in the account. Members receive up to the minute record-keeping information whenever money is deposited or withdrawn. Business members know exactly when their customer has paid, thereby making it easier to efficiently run they are business. Transactions can be completed either online or offline with contactless payments. PSI Pay has an easy to use mobile app allowing members to even use their smartphone. The service is available in more than 170 countries. A member’s funds are never pooled with any other funds. The company guides itself with full transparency to every member.