MiFinity, a general payments provider revealed a partnership with smart cashier software giant Praxis. MiFinity eWallet additional payment services made available for every merchant using the Praxis platform by having the successful integration. The MiFinity solution increases available payment methods for any merchant using Praxis.
Praxis Cashier is a technology provider that has developed the ideal smart cashier software designed with Fintech, Online Gaming, Travel, and E-commerce businesses. Praxis cashier software was designed to overcome unsafe processing difficulties, increase business transaction approval rates by more than 15% and bring repose to user and company management. In San Jose (Costa Rica), Barcelona, Limassol, and Kharkov, Praxis provides staff based and continuous technological and support coverage around the globe. The updated MiFinity eWallet presents a modern user experience for consumers and merchants receive aggressive pricing. The MiFinity eWallet is a simple, fast, and secure way for customers to perform transactions with local payment options that serve and support deposit, withdrawal, and enables transferring functionality in different currencies.
Kieron Nolan, Chief Financial Officer, MiFinity stated that the deal is a major step taken for the MiFinity group. The company has an essential partnership with the leading B2B platform provider in that space and the solution enables the launch of their consumers eWallet to multiple brands in one integration and is truly delighted in that partnership and the rise of their consumer eWallet to those brands during the coming months. The eWallet functionality will provide numerous options to current providers and offer a different customer experience to consumers as they continue to grow and increase their customer base. This is a perfect example of what can be achieved with hard work, commitment, and watch that space for MiFinity eWallet activity in 2020 and thereafter. MiFinity is evolving into an accurate ‘omnichannel’ payment provider to the worldwide online payment market.
Micha Low, CFO, Praxis Cashier stated that every week Praxis maintains about 4-5 new PSP and CRM integrations. They do this when they see a good fit for their software with the CRM provider, and in cases where the PSP seems serious, reliable, and has an added value for merchants. They see MiFinity having all 3 of those characteristics. Communications have been smooth, merchants are satisfied, and can see an increase in volumes. They want Praxis merchants using the MiFinity integration the best and anticipated to provide better technical support as their payments integrator.