Milan, Italy, January 11, 2024, Chainwire
Codego Group – a company issuing all types of white label crypto cards – launched CodegoPay, an innovative payment solution featuring the most sought-after services including IBANs, cards and crypto. The app allows anyone to easily open a personal or corporate European IBAN bank account with any entity in the world.
Crypto-enabled banking services are on the rise and Codego Group is meeting this high demand with a new payment solution. CodegoPay allows users to send and receive instant SEPA/SEPA payments from real-time virtual asset exchanges. The company guarantees high security standards by following the strictest anti-money laundering and transaction monitoring rules. However, it does not limit user accounts for investments or transactions, allowing residents of any state (except sanctioned countries) to use the app.
A CodegoPay personal account has several advantages and utilities, such as:
- Users can quickly and easily open a European IBAN with a prestigious European banking entity.
- Participate in secure SEPA/SEPA INSTANT transfers in 33 countries.
- High security standards with biometric authorization payments.
- An IBAN direct debit feature to automate recurring transactions.
- Lower cost operations thanks to the CodegoPay guarantee for fees among the best on the market
- No setup fees or monthly fees.
- 3 types of CodegoPay personal accounts, depending on the risk level of the country of residence (Low, Medium and High).
The CodegoPay team has developed its product to be more than a crypto-friendly IBAN. For example, personal account users can buy and sell cryptocurrencies directly from the CodegoPay dashboard with their own IBAN. Most importantly, they can convert crypto assets like Bitcoin to EURO directly in the app. As a result, users no longer need accounts on crypto exchanges, as they can rely on CodegoPay to have their bank account and crypto wallet in one place.
Alternatively, users can open a dedicated account Company CodegoPay Bank account in Europe to send and receive instant SEPA/SEPA EURO payments. The app’s intelligent routing system enables secure and instant Euro transfers within the EU and EEA. In addition, the company ensures maximum security and is regulated by the EMI with the National Bank of Belgium as an agent with a European passport.
Opening a CodegoPay Business account is quick and easy, requiring only 10 minutes to complete the process. It is free to set up and allows users to have a multi-IBAN account, including a local BE IBAN and a direct debit IBAN, while paying some of the lowest fees available.
Codego offers financial solutions and issues all types of cards, including prepaid, debit and corporate. It is licensed in several countries as an agent providing wallet custody, exchange services, virtual asset services, etc. The Codego team has 12 years of experience in programming, finance, cryptocurrencies and authentication systems.
Codego Group is present in 12 countries with physical offices and associated licenses. Although each local business is independently owned and operated, they provide a unique comprehensive service, including experience in financial services, financial platforms and financial licensing. Additionally, it has over 35 redundant service providers including card processors, card issuers, banks and SEPA gateways.