MB Transfers, a London based international B2B payment service provider, last week introduced its new name ArcaPay. “The change highlights our focus on efficient digital business-to-business payments rather than cash remittances” said Marius Bausys, the CEO of ArcaPay. “We wanted to make it clear that our main goal is to reduce frictions in the electronic payments ecosystem.”
Under the new brand, the company has also started offering small business consulting service. Marius Bausys, who spent 6 years servicing largest corporate clients at a major City institution, believes that SMEs face similar challenges as their large competitors. However, banks do not pay due attention to their smaller customers. ArcaPay strives to fill this gap and help owners better assess the impact of financial markets to their business and identify the most efficient cross-border payment solutions.
ArcaPay is authorised by the Financial Conduct Authority and licensed by HM Revenue and Customs. For more information and the latest exchange rates please visit www.arcapay.com.