MiFinity Recognised as Delivering the Best Cross-Border Payments Services

MiFinity, the global leader in secure eWallet services, has won the Best Cross-Border Payments Service at the prestigious Payments Awards 2023. The Payments Awards recognises and celebrates companies at the forefront of innovation and excellence in the payments industry.

The awards ceremony, held in London, saw MiFinity taking its place alongside an array of outstanding companies, a testament to its unwavering commitment to excellence in facilitating global secure cross-border payments for its merchants and customers.

MiFinity’s eWallet is transforming the landscape of international money transfers, enabling users to make quick, affordable and reliable transactions. Customers can send funds through user-friendly channels including SMS, e-mail, account numbers and external bank transfers with the ability to also perform real-time account-to-account transfers globally at super low fees.

Paul Kavanagh, Chief Executive Officer for MiFinity, expressed his delight at receiving the award, stating: “This accolade marks the pinnacle of another successful year for MiFinity. It reflects our dedication to a customer-centric ethos and underscores our ongoing commitment to innovation in the payments space. The hard work and dedication of our entire team has paid off, thank you to everyone who contributed to this success.”

One of MiFinity’s standout offerings is its PayAnyBank service, allowing customers to send payments directly to bank accounts in over 70 countries. The judges also recognised MiFinity’s commitment to innovation through its open banking solution, virtual IBAN and eVouchers, providing customers with flexible and efficient services.

MiFinity’s account-to-account transfers are also making a significant impact in underserved markets, where access to financial services is limited. This service facilitates the transfer of funds to friends and family in countries with poor banking infrastructure, creating financial inclusion opportunities.

Commenting on the award, Kavanagh added: “We’re committed to continuous improvement and listening to our customers, merchants and partners to ensure we deliver the services they want. MiFinity doesn’t stand still. 2024 will be another year of pushing the boundaries and introducing even more innovative solutions to meet their evolving needs.”

The MiFinity app and desktop experience are localised in 21 languages, support 17 different currencies and offer over 75 local payment methods to fund the eWallet. For more information about MiFinity and its award-winning eWallet services, please visit MiFinity .com.