Based in Tallinn, Estonia, Kriptomat is a leading European platform for buying, selling, and holding cryptocurrencies. The growing enterprise chose IXOPAY to manage its worldwide payment transactions.

Founded in 2018, Kriptomat has become a leading innovator in the field of cryptocurrencies. The platform has served as an introduction to the world of crypto investing for hundreds of thousands of customers who had previously been stymied by the complexity of blockchain technology, cryptocurrency, and investing strategies. By choosing IXOPAY, the company joins renowned brands such as Crypto.com, eToro and Wefox, which rely on the leading orchestrator to manage their payments.

“Our worldwide customers rely on us when they want to purchase, store, send, and receive cryptocurrencies safely and efficiently,” says Kriptomat co-founder Srdjan Mahmutovic. “Choosing the right partners has helped us offer low fees, multiple payment methods such as credit cards and bank transfer, and a multi-currency crypto-to-fiat wallet on our state-of-the-art platform.”

Kriptomat selected IXOPAY as its trusted partner to help quickly and efficiently add a broad list of payment providers, maximize authorization rates while minimizing fraud risks, and provide fallback processing during times of peak load.

“IXOPAY is the leading independent payment orchestration platform and offers a full suite of capabilities which enable our clients to reach their targets in the payments domain,” says Rene Siegl, founder and executive chairman of the IXOLIT Group, the parent organization of IXOPAY. “Kriptomat’s need for a centralized, scalable platform for payments is perfectly addressed by IXOPAY. Its functionalities coupled with the know-how of our team have earned us a high reputation in the payments industry, including in the growing crypto vertical. We are honoured that Kriptomat selected IXOPAY, further underlining our expertise in this space.”

“IXOPAY has helped us deliver the benefits of crypto to customers in Europe and around the world with an approachable platform, reliable and easy-to-use payment interfaces, and a suite of accessible investing tools,” Mahmutovic says.

The IXOPAY SaaS platform quickly connects enterprises to various PSPs, acquirers, and local payment methods. Kriptomat benefits from features such as IXOPAY’s Smart Routing Engine, which enables individual transactions to be forwarded to the best-suited payment service provider, PCI-DSS Level 1 tokenization for independent storage and automatic updates of customer’s payments instruments, and the highly capable IXOPAY Risk Management Engine, which implements fraud prevention and compliance strategies.