IXOPAY Announces Partnership with CashtoCode

Transforming cash into digital payments
August 26, 2020 | News

The payment management platform, IXOPAY is pleased to announce its partnership with CashtoCode, a leading payments provider that lets customers purchase online goods and services with physical cash. This partnership will give new and existing merchants of the IXOPAY platform access to a wider and new audience.

IXOPAY is designed to give its users quick and easy access to a wide variety of payment methods, its unique architecture is designed to give merchants the best option per country with intelligent routing, cascading, and state-of-the-art risk management. Users also benefit from centralized reconciliation and settlements. 

CashtoCode is a payments solution that taps into, what is still the most popular way to make payments – cash. Customers are given a barcode (which is a proxy but holds no monetary value), representing the payment amount due to the merchant. This barcode is scanned at one of CashtoCode’s partner retailers and the customer hands over the funds. This simple solution allows people who have no access to credit cards or online banking a way to enjoy what the digital market has to offer.

“We love IXOPAY’s commitment to payment innovation and are proud to have them as a strategic partner. With IXOPAY, undoubtedly one of the smartest payment platforms in the market, merchants can simply add CashtoCode as an alternative payment option, a few clicks – and done.”
Seth Iorio
CEO CashtoCode

As a payment management platform popular among iGaming sites, IXOPAY clients can benefit from CashtoCode’s effective payment solution that is chargeback resistant and unreliant on traditional financial institutions. It is also a practical approach for those who wish to monitor their spending habits or leave a more discreet digital trail. 

Since it was established in 2015, CashtoCode has been revolutionizing online payments; thousands of users make daily use of its quick, discrete, and secure service. 

With this partnership, IXOPAY is strengthening its position as the go-to payment orchestration platform for iGaming and digital goods.

"IXOPAY is all about inclusivity, which is why CashtoCode is a perfect partner. We already have a strong portfolio of cash based online payment methods in South East Asia and the MENA region, so a collaboration with CashtoCode, which is even closer to home, was a natural next step for us."
Gox Mailer
Chief Strategy Officer of IXOLIT Group

“CashtoCode means freedom, privacy, inclusion and most of all convenience for customers. Our solution has been a tremendous success with numerous, popular online merchants and brands over the last few years. Through our partnership with IXOPAY, CashtoCode can further expand across various online industries.” Said Seth Iorio, CEO CashtoCode. “We love IXOPAY’s commitment to payment innovation and are proud to have them as a strategic partner. With IXOPAY, undoubtedly one of the smartest payment platforms in the market, merchants can simply add CashtoCode as an alternative payment option, a few clicks – and done.”

“IXOPAY is all about inclusivity, which is why CashtoCode is a perfect partner. We already have a strong portfolio of cash based online payment methods in South East Asia and the MENA region, so a collaboration with CashtoCode, which is even closer to home, was a natural next step for us.” Added Gox Mailer, Chief Strategy Officer of IXOLIT Group.

Many IXOPAY clients are already making use of CashtoCode, and with their upcoming market expansion more will be soon. If you would like to learn more about this payment method and if it is right for you, get in touch with our sales team.

About CashtoCode

CashtoCode, a Funanga company, connects online merchants with real-world retail locations, for one simple purpose – to enable cash payments for everyone. CashtoCode allows online merchants to issue their own cash barcodes that customers take to any of the 100,000 retail locations to make a cash payment for their online purchase. All in real-time, all indemnified, all 100% automated. POS networks become the checkout and payment partners for online merchants. Online merchants tap into new customer segments by adding the safe, convenient and popular cash payment method to their payments mix. CashtoCode is a direct cash payment for any online purchase. 

For more information about CashtoCode visit: CashtoCode.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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