Zimpler, a FinTech company specialising in seamless and secure account-to-account (A2A) payment solutions, has launched its instant cross-border payouts feature.
This unique innovation enables Zimpler’s clients to send Euros instantaneously to all 20 Eurozone countries via SEPA (Single Euro Payments Area) without the need for hidden fees or complicated administrative tasks.
The introduction of instant cross-border payouts is driven by the demand for efficient, secure, and fast transactions. This feature will provide an alternative to conventional payment methods, such as cheques or wire transfers, and will directly deposit payments into a recipient’s bank account.
Zimpler has been providing tailored solutions for seamless and secure account-to-account payments, catering to both B2C and B2B clients since 2012. With its headquarters in Sweden, and offices in Malta and Brazil, Zimpler’s innovative solutions have been widely adopted across Europe and Latin America. The company aims to become a universal solution for payments and receipts on the global stage.
The new feature of instant cross-border payouts will enable Zimpler’s customers to swiftly send money across the Eurozone. By leveraging SEPA, the solution enhances the safety, speed, and simplicity of euro-denominated electronic payments, extending Zimpler’s reach to more European merchants. The solution will be available to both B2C and B2B clients, expanding the company’s offerings.
Nicolas Köllerstedt, Zimpler’s chief growth officer, said,”We are thrilled to expand our offerings and provide both existing and new clients with instant, safe, and cost-effective cross-border payouts that are compliant with the highest Anti Money Laundering standards. Zimpler’s cross-border payouts launch marks a significant milestone for the company, establishing a truly pan-European presence.”
Joan Migioia, Internationalisation Manager at Zimpler, also commented, “We recognise that SEPA payout is a highly sought-after solution for businesses operating in Europe as it offers a cost-effective, swift, and secure way of sending payments. Our API-based solution enables companies to seamlessly integrate payout functionality into their software systems, allowing for swift and streamlined processes such as salary payments, reimbursements, and lending transactions.”
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