TORONTO — UseMyServices announced that it has entered into a cooperative agreement with Paymenex TM International, the operator of xTransNET providing users of both platforms an expanded range of services.
Under the new venture, UseMyServices merchants will be able to accept payments from Paymenex’s account holders over various channels including Paymenex xWallet Mobile, and Paymenex’s account holders will be able to load their prepaid payment accounts and xWallet directly from their online banking service with UseMyFunds, UseMyServices’s flagship payment solution from any of the banks on the UseMyServices platform.
The full list of the banks available can be seen here https://www.usemyservices.com/current-country-banks .
Paymenex account holders in Cameroon, Columbia, Ghana, India, Italy, Nigeria, Sierra Leone and the United Kingdom will now be able to make purchases using their Paymenex account or xWallet Mobile at any participating UseMyServices merchant.
Additional countries are scheduled to be added shortly.
“The Paymenex TM TransNET Network offers a unique payment solution for our customers in regions that we have not been able to serve in the past," said Melody Wigdahl of UseMyServices.
“These are countries that are often under-served in the payments industry, but they offer a great growth potential. The xWallet mobile is an excellent and exciting entry into the mobile space for us, as well.”
Moe Alharazi, CEO of Paymenex in the U.S. said, “The xWallet Mobile is the first international mobile money platform available in multiple currencies for banked and unbanked, it enables financial institutions worldwide to provide their account holder’s a convenient electronic access to their bank account on their mobile from anywhere in the world and the recent collaboration of UseMyServices, the two giants will offer unlimited and secure alternative electronic payment services without boundary especially in countries with high level of unbanked."
The new services are currently live and available to both customers and merchants of both companies.
“With the addition of Paymenex TM TransNET,” said Joseph Luso, CEO of UseMyServices, “UseMyServices proprietary platform will now be able to offer ecommerce customers in 37 countries the ability to pay for their online purchases without the use of a credit card, with real time transaction and funds confirmation for the Merchant.”
For more, visit Paymenex.com or contact enquiries@paymenex.com.
