Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies has announced it has partnered with SPOKO (previously known as Pay Ukraine) to enable it to offer its money transfer service to customers in Poland. The collaboration provides a powerful, convenient multi-currency payment solution targeted toward SPOKO’s target customer base of immigrants in Poland, which has recently passed the 100,000-user milestone.
SPOKO is an app which offers instant money transfers, with no need for the sender to have a bank account. The service allows its customers, who are mostly Ukrainain, Nigerian and Indian immigrants in the EU, to send money from Europe and the UK to their home countries in local currency, via their mobile or via a point of sale outlet.
Jonathan O’Connor, Chief Commercial Officer at Trust Payments said: “We are delighted to support SPOKO in adding Polish zloty to their pay-in currency options, facilitating opening up a new customer base to them in Poland. We take pride in being able to help our clients to make money transfers more accessible in particularly challenging markets, which can be left behind by many other providers.”
Evgeny Chamtonau, CEO of SPOKO commented: “We advocate for the hard-working immigrants in Europe who need to send money to their home country but find transfer fees too costly, as well as the 1.7bn adults worldwide who do not have access to a bank account. With Trust Payments’ support we have been able to access the market in Poland, where we have been trading for two months now and are seeing rapid growth. This proves that our easy pay-in service using debit cards, facilitated by Trust Payments, is filling a much-needed gap in the market for migrants, and making banking services more socially inclusive.”
About Trust Payments Group
Trust Payments is a global unified payments group for global pay-in, pay-out and customer journey technologies. Our mission is to help businesses to optimise their sales and customer experience through facilitating speedy and seamless payments. Our single sign-on technology platform can process payments with over 50 global acquiring banks, including our own EU-licenced institution, acquiring.com.
Our community benefits from our 20+ years of payments experience and unrivalled customer focus. Our trusted and robust technology solutions deliver 1.6 bn transactions annually for 7,000 active clients across eCommerce, mobile and Point of Sale (POS) and in 14 like-for-like settlement currencies. We also operate in the US with money transmission services and gaming vendor licences in key regulated markets. Visit us at www.trustpayments.com and www.acquiring.com.
SPOKO is a British/Polish fintech offering affordable money transfers to 14 countries. It answers the needs of 1,7 billion adults with no access to bank accounts, as well as those, for whom money transfers cost too much. It aims to operate from 51 to 86 countries and focus mostly on the immigrants wanting to support their families.
SPOKO mixes online and offline money transfer methods (with its POS in India e.g.) and has cooperated with renowned companies such as Orange Poland, Alfa Bank Ukraine and PrivatBank (the largest bank in Ukraine). Visit us at www.spoko.app