Viva Wallet, the European payments disruptor to offer a revolutionary PIN on COTS payment solution targeting small businesses, announces further expansion to 12 new markets at Money 20/20 Europe

Viva Wallet, the first European cloud-based digital payments provider that is entirely based on Microsoft Azure, introduces a new payments app to support PIN on COTS solution offering small businesses a new way to accept payments on the go, 24/7 from any location in Europe where the company operates.

Viva Wallet is an official sponsor of Money 20/20, the largest FinTech event in Europe held in Amsterdam from the 3rd to the 5th June 2019, where the company is presenting its new products.

Viva Wallet is reinventing the financial services industry by providing payment solutions and IBAN accounts to businesses of all sizes. With offices in London, Brussels, Athens and Bucharest, Viva Wallet has announced its further expansion into 12 other major European countries, including Germany, France, Spain, Italy, Netherlands, Ireland, Denmark, Sweden, Austria, Portugal, Poland and the Czech Republic.

“Small businesses around Europe are demanding access to easy and instant payments. We are delighted to present our innovative PIN on COTS solution which empowers them to accept 25 payment methods and allows to realize substantial cost savings when it comes to their acquiring and processing fees. Our solution enables businesses to become more competitive and let them thrive in the modern economy. Now merchants can securely accept PIN-based payments with the PIN entered on their own mobile device.” - said Haris Karonis, Viva Wallet’s CEO.

Money 20/20 Europe is the largest annual gathering of the leading financial services companies from all around the world. Through its presence at the exhibition (booth G60), Viva Wallet will give the opportunity to thousands of participants to test-drive the innovative products and integrated payment solutions it has developed.

Haris added: “By opening offices and hiring teams in key European capitals, we are continuing to build our footprint across Europe, serving the needs of virtually every business by helping them accept payments in the most cost-effective way. We have built an always-on infrastructure which includes a full stack solution with issuing, acquiring and processing available from the same provider. Our real time settlement and local IBAN accounts in 17 countries are helping drive a payments revolution across the continent."

About Viva Wallet: Viva Wallet provides innovative, reliable and secure acquiring and issuing services to businesses of any size, based on their individual needs. The company was founded in 2010 and has presence in the UK, Belgium, Greece, Cyprus and Romania. Viva Wallet is a licensed e-money institution for the provision of payment services in the 31 countries of the European Economic Area (EEA-31) and a Principal Member of Visa and MasterCard for issuing and acquiring and a partner to leading global companies, such as Microsoft, American Express, China UnionPay, Alipay, JCB and Bancontact.