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PSI Pay, a leading UK alternative lender, recently got into a partnership deal with KERV wearable to launch the world’s premier contactless payment platform. PSI-Pay provides payment card facilities and other digital account solutions accessible in well over 38 million different locations, globally. Thanks to the announced merger at PSI-Pay, users are now able to easily and quickly deposit and withdraw funds directly from their third-party merchants for instance, via PayPal. Alternatively, the deal would ease quicker and more convenient online shopping escapes for the users.

The Merits of using PSI Pay

Speaking in a presser soon after PSI-Pay and KERV broke the news, the Managing Director, Phil Davies sounded very upbeat and optimistic about the prospects of the virtual payment ring. Phil’s on record saying that the planned solutions promise to be the most innovative, useful and exciting alternative payment solutions ever. Kerv’s founder and president, Phil Campbell, echoed those exact sentiments by adding that the new payment devices will give more power and control to the users as happens now.

Meet the Founder

PSI-Pay’s founder went ahead to acknowledge the great challenges and difficulties, his wearable company had run into while developing the most robust, intelligent and remarkably responsive alternative payment solution method. Phil Campbell was particularly pleased and amazed, in near-equal measure, at the level of maturity and consummate professionalism PSI-Pay demonstrated all throughout the problem-solving endeavor.

Awards and Honors

The contactless payment platform by Kerv and PSI Pay has been received warmly in the marketplace. Today, the company has won a plethora of professional accolades and awards, these include, the prestigious, Temenos Innovation Jam award.

About PSI-Pay

Since 2007, PSI Pay has worked in close partnership with other Financial Conduct Authority (FCA) accredited companies to offer alternative payment processing plans to the masses. The UK-registered and licensed payment company have issued MasterCard prepaid payment debit and credit cards since 2009. In 2014, and as part of PSI-Pay’s continued global expansion plan, the firm ventured into the larger EU zone with the introduction of the PayPass program.

Services Offered

The company thrives on a noble philosophy governed by the values of integrity, transparency, convenience, and cost-effectiveness. In addition to acting as a safe conduit for funds in a business or among people, PSI-Pay assists clients with pertinent financial aspects of reporting, auditing, tax and law compliance and with AML mandates. PSIis found in over 170 countries and it permits transactions involving upwards of 40 currencies. PSI Pay is regulated under the EMR or the Electronic Money Regulations Act of 2011 UK).

To know more visit @: www.lb.lt/en/sfi-financial-market-participants/psi-pay-ltd