Cryptocurrency Industry News

Codego Group Launches Multi-Functional Payment App, with IBAN Support

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Written By: Michael Abadha
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    Summary:
  • CodegoPay is available worldwide and will enable millions of users to access IBANs, cards, and crypto-EURO conversions.

Codego Group, a provider of various white-label crypto cards, has launched CodegoPay, a new cutting-edge payment solution that combines attractive features, such as support for crypto, cards, and International Bank Account Numbers (IBANs). Anyone, anywhere in the world, can use CodegoPay to open a personal or business European IBAN bank account.

Codego Group’s decision to launch the platform is informed by the rising demand for crypto-friendly financial services. With CodegoPay, users can transact in real-time on virtual asset exchanges using SEPA/SEPA payments. Codego offers a variety of prepaid, debit, and corporate credit cards in addition to other financial services.

The company has integrated tight anti-money-laundering and transaction monitoring regulations to guarantee high-security standards. Users from any state (with the exception of sanctioned countries) are able to utilise the app, as it does not restrict their accounts for investing or trading.

CodegoPay is designed to offer more than just an IBAN that works with cryptocurrency. Users with personal accounts, for example, can utilise their own IBANs to buy and sell cryptic straight from the CodegoPay dashboard. Furthermore, customers can convert their cryptocurrency holdings into EUR right in the app.

What you get with CodegoPay

Among the many useful features and advantages of a CodegoPay personal account are:

  • Quickly easily open a European IBAN with a renowned European banking entity.
  • Secure SEPA and SEPA INSTANT transactions are available in 33 countries.
  • An option to automate repeated transactions using Direct Debit IBAN.
  • Strict safety standards for biometric authorization payments.
  • CodegoPay promises some of the lowest costs in the industry, allowing for low-cost operations.
  • No one-time or recurring charges.
  • CodegoPay offers three different personal accounts: Low, Medium, and High, each tailored to the risk level of the user’s home country.

Users can also create a CodegoPay Business Bank Account specifically for Europe-based businesses. This would allow them to make and receive instant SEPA/SEPA EURO payments. The app’s automated routing technology enables fast and secure EURO transactions within the EU and EEA. Additionally, as an agent with a European passport, the company is EMI-regulated under the National Bank of Belgium, and it guarantees optimum security.

The entire process of setting up a CodegoPay Business account takes less than 10 minutes and is pretty straight forward. Starting at zero dollars, users can take advantage of some of the lowest fees in the industry while maintaining a multi-IBAN account with features like a local BE IBAN and direct debit IBAN.

This post was last modified on Jan 11, 2024, 13:50 GMT 13:50

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha