Online payment services have brought many opportunities to people around the world. Thanks to these websites that bridge boss and employee, or client and provider, it is possible for freelancers to receive payment for their work on the internet, without leaving the comfort of their homes.
The online market is very competitive, and that holds true to several businesses, not only to freelancers. Companies all around the world rely on these online payment websites to receive or to send money for services provided.
PSI-Pay is one of these companies that is rapidly growing in the online payment industry. Since 2007, the goal of the company was to help individuals and companies all around the world provide payments and receive cash for their online services. PSI-Pay has an authorized Electronic Money Institution license and is one of the companies allowed to offer payment services according to the Financial Conduct Authority.
— PSI-Pay (@PSIPayLtd) February 10, 2016
This license means that the company PSI-Pay can use electronic money and have cash circulating around the EU. They can accept credit and debit cards, and serve as an additional payment method and a solution for businesses across the continent.
The owners and operators of PSI-Pay have tons of experience in the market. They have stated that the world is walking towards a future where cashless payments become the new norm. Debit cards and credit cards have already become mainstream, but, according to PSI-Pay, online payment services are becoming the new norm for businesses to connect across boundaries.
PSI-Pay is now affiliated with Kerv Wearables, who agrees that cashless payments are becoming the new norm. The two companies have analyzed the data and recognized that payment services will surpass cash usage.
The market is growing so rapidly that companies like Google and Apple have already developed their own services in the online payment industry. Google has created the Google Wallet and Apple, the Apple Pay, both of which provide solutions to the payment industry.
PSI-Pay, contrary to other companies in the market, has extra features that allow for contactless payments with security. Business can make contactless payments and have their information protected to combat online fraud.
The professionals working for PSI-Pay have developed new ways for the payment industry to provide solutions for freelancers and businesses that need to send or receive payments through the internet. Consumers use PSI-Pay around the UK, and their prepaid accounts are usable in 170 countries around the world, making it a global solution for their clients.