IXOPAY Announces eToro as a New Client

A leading payment solution for a pioneering trading platform
September 22, 2020 | News

IXOPAY is excited to announce that it has been confirmed as eToro’s new payment management solution. Key criteria in eToro’s decision were IXOPAY’s extensive feature set, innovative nature, and connectivity.

As a best of breed payment orchestration platform, IXOPAY’s architecture is designed to give merchants the best payments processing options per country, with its intelligent routing, cascading, and state-of-the-art risk management function. Users also benefit from centralized reconciliation and settlements, along with simplified integration of acquirers, payment service providers, and risk service providers. 

Since it was established in 2007, eToro has been leading the global Fintech revolution. With over 14 million registered users and a host of innovative trading and investment tools, eToro is the world’s leading social investment network.

IXOPAY’s connectivity to processing providers of fiat and cryptoassets makes it an ideal partner for eToro, as its trading products span forex, crypto, as well as the more traditional stocks. IXOPAY’s unparalleled coverage is supported by its Risk Management Engine, allowing risk managers to define risk rules and filter out fraudulent transactions with ease. The engine also works in tandem with the Secure Payouts feature which follows the four-eyes-principle, giving eToro full control over its disbursements.

"eToro’s mission is to open up finance so that everyone can trade and invest in a simple and transparent way. Our work with IXOPAY will help us integrate new payment methods to ensure that we can provide the best possible experience for our clients.”
Panayiotis Panayides
Global Operations Director at eToro

eToro is already benefiting from IXOPAY’s fast integration times and has connected to a variety of new payment providers, including the open banking specialist Trustly and ecommpay Asia which provides access to multiple payment methods popular across the Asian markets, giving its users greater control in how they manage their payments. 

Panayiotis Panayides, Global Operations Director at eToro, comments: “eToro’s mission is to open up finance so that everyone can trade and invest in a simple and transparent way. Our work with IXOPAY will help us integrate new payment methods to ensure that we can provide the best possible experience for our clients.”  

“We're happy to have added such a pioneering company like eToro to our client portfolio. Being a Fintech company ourselves, we understand the challenges of this fast growing and diverse market.”
Rene Siegl
Founder & Executive Chairman of IXOLIT Group

“We're happy to have added such a pioneering company like eToro to our client portfolio. Being a Fintech company ourselves, we understand the challenges of this fast growing and diverse market.” added Rene Siegl, Founder & Executive Chairman of IXOLIT Group. “By working together users will benefit from eToro’s innovative investment products and IXOPAY’s frictionless payments.” 

Thanks to its state of the art feature set and with the addition of eToro – a fintech power house – to its client portfolio, IXOPAY has cemented its reputation as a reliable partner for online trading platforms.

About eToro:

eToro was founded in 2007 with the vision of opening up the global markets so that everyone can invest in a simple and transparent way. The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than 14 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want. 

For more information about eToro visit: www.etoro.com  

About IXOPAY

IXOPAY is a payments orchestration platform enabling independent, flexible and global payment processing. As a highly scalable and PCI-DSS certified “fintech enabler”, IXOPAY fulfills the needs of large merchants as well as those of “white label” clients: payment service providers (PSPs), acquirers and independent sales organizations (ISOs). The modern, easily extendable architecture offers smart transaction routing & cascading, state-of-the-art risk & fraud management, fully automated reconciliation and settlements processing, comprehensive reporting as well as plugin-based integration of acquirers, payment service providers and alternative payment methods (APMs).

IXOPAY is part of the IXOLIT Group, founded in Vienna, Austria in 2001. With local entities in Austria and the USA, IXOLIT supports national and international customers across various industry verticals. The owner-led and -financed company has grown from 2 to more than 65 employees and is focused on building innovative solutions for eCommerce.

Please find more information about IXOPAY here: https://www.ixopay.com

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