Posts tagged "global economy"

Don’t let the coronavirus affect your business

March 25th, 2020 Posted by News 0 thoughts on “Don’t let the coronavirus affect your business”

We are witnessing epic times – the Coronavirus pandemic. This is not necessarily bad for your business if you turn it into your favor. Don’t let the CORONAVIRUS affect your business!

Increased interest in digital assets trading reported by search engines

With a large part of the world population that is now more plugged than ever, and dealing with this uncertainty caused by the global pandemic crisis, it’s not surprising that many have an interest in digital assets. The digital assets market has shown it can be very volatile as traditional ones when the global economy is dealing with a pandemic.

Search engines reported an increased interest of the users in trading digital assets despite the market massacre that started on the 12th of March 2020 and lasted for a week. Exchanges have registered new traffic records and trading volumes.

This interest may be related to the theory spread over the internet, that a global economic meltdown may lead to growing value for the digital assets.

Where is this increased interest going?

It takes to the point where crypto exchanges and other companies related to the industry have to find fast solutions to support their increased volumes in operations. This leads to more partners, more costs, more work. While their clients are trading higher volumes, they still have to make transactions with fiat, which we all know it’s not that easy as a high-risk business.

PAYTAH to the rescue

The current regulatory environment is more and more strict, so during CORONAVIRUS pandemic crypto businesses are finding even harder opening company account and making transactions. Happily, PAYTAH is here to help these companies to overcome this kind of bottlenecks.

We know that this is exactly the moment when now more than ever high-risk businesses need to partner with a trustworthy financial institution that has the right experience in risk management and in-house technology to manage transactions in the safest possible way.

Here is what PAYTAH can do as a crypto-friendly payment solutions provider:

  • Settlement IBAN accounts – Supporting new and existing businesses
  • Payment accounts – Fast and reliable SEPA transfers
  • Segregated accounts – To meet different needs
  • Custom IBAN –  Fitted to your business needs (T&C apply)
  • Personal accounts – With respect to individuality
  • Instant internal transfers – One click away
  • B2B and B2C payments supported – As easy as you say Paytah
  • SDK available for automated payments

And many more you can find by reaching out to us at [email protected].

Don’t let the Coronavirus pandemic affect your business. It’s the right time to turn the COVID-19 time into your favor!

Coronavirus | We are fully set up to continue the business as usual

March 17th, 2020 Posted by News 0 thoughts on “Coronavirus | We are fully set up to continue the business as usual”

COVID-19 – Global Context

In the light of the current global context, Paytah is closely monitoring developments concerning coronavirus pandemic and is taking all necessary measures to ensure the wellbeing of employees, to prevent any potential business impact and to ensure business continuity.

We take care of our team, so we can keep supporting you

As Paytah provides services on a non-face-to-face basis, it’s easy to adopt remote-encouraged policy and stand up for our social responsibility to prevent the virus spreading further, while ensuring the business continuity that supports and enables our clients and the economies we operate in.

We have a fully functional system that enables staff to work remotely. So we are well-equipped to support you and keep Paytah running, even if we can’t make it to the office.

Paytah also has a Business Continuity Management Policy Framework which will escalate if the need arises.

Security First

We are fully set up to continue the business as usual

We have assessed the risk of increased cyber-security related fraud aimed both to customers and our institution, therefore we have proactively strengthened our technologies, infrastructure, and tools.

We can assure and confirm that our Support Agents, Officers and Compliance Officers are monitoring the system and perform their activities remotely via secured channels. 

Maintain a high reliance on our clients is very important and therefore we already designed our system to comply with the best protocols, and services are available under our available resources. 

Always here for you

If you have any concerns or questions, don’t hesitate to address them to [email protected] We will gladly do our best to provide you with our full support.

Phoenix Payments Ltd | licensed by the MFSA as a Payment Institution | Company No. C77764 | Vision Exchange Building, Territorials Street, Zone1, Level 1, Central Business District, Birkirkara, CBD10170 | Malta

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