Codego Group, a notable player in the issuance of white-label crypto cards, has launched CodegoPay, a cutting-edge payment application, in Milan, Italy. This innovative solution, announced on January 11th, 2024, encompasses a range of sought-after services, including European IBANs, payment cards, and cryptocurrency transactions, offering a seamless banking experience.
CodegoPay marks a significant stride in crypto-friendly banking services, facilitating instant SEPA/SEPA payments from virtual asset exchanges. The app ensures top-notch security standards, complying with strict anti-money laundering and transaction monitoring rules. Yet, it offers the flexibility needed for investments or trading, accessible to residents of any state, barring those under sanctions.
A major highlight of CodegoPay is the ability for users to open a personal European IBAN account quickly and effortlessly with prestigious banking entities. The service spans across 33 countries, ensuring secure SEPA/SEPA INSTANT transfers. It boasts high safety standards, including biometric authorization for payments, and a Direct Debit IBAN feature for automating recurring transactions. Moreover, CodegoPay promises low-cost operations and comes without setup costs or monthly fees.
Beyond being a crypto-friendly IBAN, CodegoPay allows users to buy and sell cryptocurrencies directly via the app using their own IBANs. A significant feature is the ability to convert crypto assets, like Bitcoin, to EURO directly within the app, eliminating the need for separate crypto exchange accounts.
For business users, CodegoPay offers dedicated European Bank Accounts to facilitate instant SEPA/SEPA EURO payments. Its smart routing system ensures safe and quick EURO transfers within the EU and EEA. The app is EMI-regulated under the National Bank of Belgium, ensuring maximum security.
Opening a CodegoPay Business account is streamlined, requiring only 10 minutes. This account type allows for a multi-IBAN setup, including a local BE IBAN and a direct debit IBAN, while ensuring competitive fees.
Codego Group, with 12 years of experience in finance, cryptocurrencies, and authentication systems, is licensed in several countries. It operates in 12 countries with physical offices and related licenses, providing a comprehensive service in financial solutions.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
