Ixaris Systems Ltd.

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O nas

In 2002, we wanted to create an electronic payment solution that would give anyone the ability to pay regardless of their location or credit-worthiness. A year later, Ixaris introduced EntroPay, the first virtual prepaid Visa card in Europe, offering both merchants and consumers a safe, reliable way to pay online. Over the next few years, Ixaris continued to enhance the EntroPay virtual card for consumers and began working closely with businesses to create custom payment solutions that incorporated the EntroPay functionality into our clients’ existing payment applications.

Based on customer demand, in 2010 Ixaris added other payment types to its virtual prepaid card service, including plastic cards for physical point-of-sale and ATM access, SWIFT transfers both from and to virtual accounts, as well as local ACH and bank transfer in around 40 countries. Having overcome several technical and business model challenges in combining these diverse payment types, Ixaris set to make this capability available to businesses and third-party developers who wanted to create customized and sometimes complex payment applications involving a variety of payment components and sometimes engaging multiple financial institutions within a single application. In 2010, Ixaris introduced a payment application platform and started delivering and operating end-to-end customized payment solutions for enterprise clients.

Having proven the commercial demand for its approach to payment solution creation, Ixaris now plans to grow the adoption of its approach by making its technology available to financial institutions and payments entrepreneurs and other innovators. Its first payments technology product is the Ixaris Payments Server along with an initial suite of highly configurable corporate prepaid payment applications that innovators can use to create, sell and deliver branded payment services.

Ixaris makes complex global payments fast, easy and accessible, and its technology enables enterprises within the incentive, travel, market research and financial services industries to take advantage of innovations in payments to organize and automate purchasing processes, make global disbursements, and incorporate such payments within their business processes. By offering rich payments APIs, Ixaris shields developers from the complexities of global financial services, allowing them to bring solutions to market quickly and cost effectively.

Headquartered in London, Ixaris has technology and customer operations divisions in Malta. Ixaris is a privately-held company, funded by leading UK institutional investors.