White lable for merchants
In the dynamic processing market, various merchants and white-label entities channel their turnovers through the VzPay gateway to the bank. A white-label, specialized in KYC, represents multiple merchants. Merchants, the ultimate clients of the bank, further cater to their individual clienteles. Success in this sector hinges on rigorous KYC procedures and vigilant monitoring of both payment and merchant activities. Our ambitious target for the market is to achieve a turnover of 1.5 billion euros this year, with an anticipated profit margin of approximately 1.2%. Pioneering beyond traditional gateway-based card payments, our group has ventured into the future of payments with VzPay CS, a revolutionary Crypto-based service poised to redefine the landscape for specific customer segments.
Governments
The Governmental market operates under stringent transaction requirements mandated by government institutions or government-backed entities. These specialized services demand licensing and accreditations with Central banks in Africa, the EU, and the Federal Reserve.
Offshore clients
BeBank Group, through its extensive corresponding network, facilitates global client transactions and banking services. VzPay`s strategic objective has always been to synergize the client base of processing merchants and governments with the private offshore sector.
Processing
The group`s oldest revenue stream, global cross-border processing, represents a massive quadrillion-dollar market annually. VzPay strategically focuses on the “High-Risk” market, utilizing today`s technology to effectively manage and profit from cross-border trade in Gambling, Adult, and Pharma sectors. Stringent adherence to AML laws and compliance with VISA and MasterCard regulations ensure control and manageability.
LPA Exchange
As a cross-border gateway, VzPay manages a significant volume of exchanges driven not only by clients through merchants but also by tourism linked to VzPay through governmental clients. Our technology intervenes in currency exchanges, reducing costs that may otherwise be incurred via VISA and MasterCard. VzPay`s dedicated support provides guidance on exchange services and transactions, enhancing value for merchants and governments.
Currency exchange
Recognizing the profound impact of crypto technology on the financial sector, VzPay has been proactive since 2016 in integrating services with this emerging sector. Our comprehensive set of blockchain-based services includes a crypto exchange.
Blockchain and marketplace
BeBank Group has embraced Blockchain technology early on, with our new banking system fully developed on our proprietary blockchain, the VBlock Network. This interconnected system extends to our blockchain-based Exchange, Payment stable coin, and an upcoming blockchain-based financial marketplace.
Stable coin
VDollar, an asset-backed stable coin bankable within our network, supports our payment services. Beyond its utility, VDollar also serves as a specialized reserve currency for select African Central Banks. Refer to the VDollar section for detailed information.