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AstroPay

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AstroPay is a payment service provider with a focus on emerging markets. The majority of the population in emerging markets are unbanked or underbanked. This means that cross-border purchases are either, complex and expensive or impossible. AstroPay performs local transactions on behalf of international businesses, enabling consumers to purchase goods and services with their preferred payment method. One simple integration gives businesses instant access to over 120 payment methods across 9 countries. These are the most popular domestic and alternative payment methods, across Latin America, China and Turkey This simple solution gives AstroPay’s clients, the capability to accept funds in local currency. AstroPay then expatriates the funds and settled in the clients bank account in the currency of their choice. With this solution, there is no need to set up a local entity, significantly decreasing time to market. AstroPay acts as an emerging markets partner, benefiting their clients with their strong relationships with local governments and ensuring all taxes and legislation are adhered to.

Name CEO: Sebastián Kanovich
Company founded in: 2009
Country: Netherlands
Website: astropay.com
Twitter: @astropaycard
Category: Payments & Transfers

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