Digicash Payments runs Luxembourg’s retail banks’ digital payment product, one of the most advanced and successful fully digital consumer payment infrastructures in the world. The solution is implemented by 5 major retail banks, covering 90% primary accounts in the country and is live since 2012. With over 22% of Luxembourg's entire population using the App and being able to send money to peers or pay 70% of invoices issued, shop online with 50% E-merchants or pay contactless in 1 shop out of 10 combined with their favourite Merchants' loyalty programs, the solution is increasingly demanded by consumers and merchants. The company provides a white-labelled digital payment authorisation platform and App, fitting neatly into banks’ and PSPs’ infrastructures, using existing underlying payment channels (transfers, cards …) and smartly integrated with retailers’ POS and e-commerce systems. It is fully UX focused, effectively integrating value-added services, for both proximity and remote payments. It also provides a “Digicash Beacon” for payment acceptance at the POS, as well as a nifty payment terminal integration and a full set of APIs/SDK for banks and merchants. Digicash Payments holds a full EU Payment Institution license and is based in Luxembourg, leading financial centre and payments innovation hotspot.
Name CEO: Raoul Mulheims
Founded in: 2012
Company Twitter: @digi_cash
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