xpate, the first true drag & drop payment experience reduces online transaction time from 70 to 8 seconds

xpate, a fintech startup that enhances global payments using a design-centric approach to serve growing business needs, conducted a profound research that included a number of traditional banks and found out that it takes 70 seconds from login to transfer for a user to make a transaction. In addition, an average user spends about 10 hours per year on internet banking. 

Keeping in mind that a second saved is a penny earned, xpate created a solution for both retail and business customers who value simplicity - the first true drag and drop payment experience in the world that reduces the time spent on transaction from 70 to 8 seconds and requires you to use just the index finger.

Covering end-to-end payment needs of businesses worldwide xpate offers: 

• SEPA and SWIFT multi-currency payments 
• Individual IBAN (International Bank Account Number) accounts
• Visa, Mastercard, Union Pay card processing 
• Currency exchange at competitive rates
• OCT (Original Credit Transaction) Payouts, Mass Payouts, Batch Payouts
• Alternative Payment methods (APMs)
• Card-to Card Transfer

xpate Ltd is headquartered in London, UK and authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Reference number 901021) for the issuance of electronic money and payment instruments. Our rapidly growing team is based across two offices in London, Riga and Singapore.