PayMatrix implemented AcquiringXP technologies to accept payments in the High-Risk segment

PayMatrix service introduced AcquiringXP – a platform for accepting payments in the High-risk segment. The system now operates in Russia, India, Kyrgyzstan and Belarus. P2P (Person-to-Person) technology was taken as a basis. According to PayMatrix, with each currency the service uses common methods of transfers in the country total volume of incoming payments, the rate varies depending on the currency and decreases with increasing daily turnover. Currently, PayMatrix is actively working on launching the system in new geolocations: Uzbekistan, Kazakhstan and Turkey.