Codego Group Launches CodegoPay – An All-In-One Payment App with IBANs, Cards, and Crypto-EURO Conversions

chainwire

Codego Group – a company issuing all types of white-label crypto cards – launched CodegoPay, an innovative payment solution comprising the most sought-after services, including IBANs, cards, and crypto. The app makes it easy for anyone to open a personal or corporate European IBAN bank account with any entity worldwide.

Crypto-friendly banking services are on the rise, and Codego Group meets this high demand with a new payment solution. CodegoPay enables users to send and receive instant SEPA/SEPA payments from virtual asset exchanges in real-time. The company ensures high-security standards by following the most rigid anti-money laundering and transaction monitoring rules. However, it does not limit the users’ accounts for investments or trading, enabling residents of any state (except sanctioned countries) to use the app.

A CodegoPay personal account comes with several benefits and utilities, such as:

  • Users can open a European IBAN with a prestigious European banking entity quickly and easily.
  • Engage in secure SEPA/SEPA INSTANT transfers across 33 countries.
  • High safety standards with biometric authorization payments.
  • A Direct Debit IBAN feature to automate recurring transactions.
  • Low-cost operations thanks to CodegoPay’s guarantee for some of the best fees on the market
  • No setup costs or monthly fees.
  • 3 types of CodegoPay personal accounts, depending on the country of residence’s risk level (Low, Medium, and High).

The CodegoPay team developed its product to be more than a crypto-friendly IBAN. For instance, personal account users can buy and sell cryptocurrencies directly from the CodegoPay dashboard with their own IBANs. More importantly, they can convert crypto assets like Bitcoin to EURO directly within the app. As a result, users no longer require accounts on crypto exchange platforms, as they can rely on CodegoPay to have their banking account and crypto wallet in the same place.

Alternatively, users can open a dedicated CodegoPay Business Bank Account in Europe to send and receive instant SEPA/SEPA EURO payments. The app’s smart routing system enables safe and instant EURO transfers in the EU and EEA. Moreover, the company ensures maximum security, and it is EMI-regulated under the National Bank of Belgium as an agent with a European passport.

Opening a CodegoPay Business account is quick and easy, requiring only 10 minutes to complete the process. It is free to set up and enables users to have a multi-IBAN account, including a local BE IBAN and a direct debit IBAN, while paying some of the lowest fees available.

About Codego

Codego provides financial solutions and issues all types of cards, including prepaid, debit, and corporate. It is licensed in several countries as an agent providing wallet custody, exchange services, virtual asset services, and more. The Codego team boasts 12 years of experience in programming, finance, cryptocurrencies, and authentication systems.

Codego Group is present in 12 countries with physical offices and related licenses. While each local company is owned and operated independently, they provide a single comprehensive service, including the experience of financial services, financial platforms, and financial licensing. Furthermore, it has over 35 redundant service providers, including card processors, issuer cards, banks, and SEPA gateways.

Users can learn more about Codego at these links: Website | Twitter | Instagram | LinkedIn

Disclaimer: The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute investment advice or an offer to invest.

  • Read this next

    Retail FX

    Weekly Roundup: FX prop firms switch to cTrader, who moved $1.35B BTC?

    The foreign exchange and cryptocurrency markets are always active, and this past week was no exception. Stay ahead with a selection of essential stories and updates that matter most to market participants.

    Digital Assets

    Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.

    Web3

    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.

    <