Codego Group Rolls Out CodegoPay – A Multifunctional Payment App Featuring IBANs, Cards, and Crypto-Euro Exchange Options.
Milan, Italy, January 11th, 2024, Chainwire
Codego Group A company well-known for its diverse range of white-label crypto card services has rolled out this innovative product. CodegoPay The app is a robust payment solution, packed with in-demand features, offering IBANs, card capabilities, and cryptocurrency management. Users can easily set up a personal or business European IBAN bank account to interact with entities globally.
With the increasing popularity of crypto-friendly banking solutions, Codego Group has stepped up to serve the growing demand by introducing CodegoPay. This app allows users to execute immediate SEPA payments to and from virtual asset exchanges in real-time. The company adheres to stringent security regulations to combat money laundering and monitor transactions, assuring that users' accounts remain unrestricted for investments or trading, making it accessible for residents of most countries (excluding those under sanctions).
Having a CodegoPay personal account opens up numerous advantages and features, such as:
- Users can effortlessly obtain a European IBAN from a reputable banking institution within Europe.
- Conduct secure SEPA transfers instantly across 33 different nations.
- Experience top-notch security protocols, including payments authorized by biometric verification.
- Utilize a Direct Debit IBAN feature to automate regular payments effortlessly.
- Enjoy low-cost transactions thanks to CodegoPay's commitment to providing competitive market rates.
- No setup costs or monthly fees.
- Choose from three variations of CodegoPay personal accounts, tailored to the risk profile of the user’s country of residence (categorized as Low, Medium, and High).
The creators of CodegoPay designed the service to function beyond just a crypto-friendly IBAN. Users can directly buy and sell cryptocurrencies via the CodegoPay interface using their IBANs. Even more notably, they can seamlessly convert digital assets like Bitcoin to Euros right within the app. This means there's no need for additional accounts on cryptocurrency exchange platforms, as CodegoPay allows users to manage both their banking and crypto assets from a single interface.
Alternatively, users have the option to open a dedicated Business Bank Account in Europe, facilitating instant SEPA and Euro payment transactions. Thanks to the app’s intelligent routing system, users can execute secure and rapid Euro transfers across the EU and EEA. Additionally, the company prioritizes security, operating under the EMI regulations of the National Bank of Belgium as an authorized agent with a European passport. CodegoPay Business Setting up a CodegoPay Business account is a breeze—taking only about 10 minutes to complete the entire process. It's free to initiate and offers users a multi-IBAN account, inclusive of a local Belgian IBAN and a direct debit IBAN, all while keeping transaction fees among the lowest in the industry.
Codego specializes in providing a variety of financial solutions and issuing all forms of cards, whether they be prepaid, debit, or business-oriented. They operate under various licenses in multiple countries, offering wallet custody, currency exchange, and virtual asset services. The Codego team brings a wealth of expertise, amassing over a decade's experience in technology, finance, cryptocurrencies, and secure authentication systems.
About Codego
With a presence in 12 countries bolstered by physical offices and pertinent licenses, Codego operates globally. Each local entity remains independently managed while contributing to a unified service experience that includes various financial services, infrastructure, and licensing. In addition, Codego maintains extensive connections with over 35 backup service providers, including card processors, card issuers, banks, and SEPA gateways.
If you're interested in learning more about Codego, you can navigate to the following links:
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