Trending...
- Enhanced Compression and Simultaneous Migrations for Cloud Repatriation with Carbon
- Martial Arts Icon Cynthia Rothrock Premieres Her Latest Film Black Creek
- New Frontier Aerospace Closes Seed Round with Pacific Bays Capital
WCT Pay, is proud to announce its strategic repositioning as a cryptocurrency payment solution provider. This transition marks a significant milestone for the company, which has been a trusted name in global payments since its inception in 2008.
BRISBANE, Australia - AussieJournal -- WCT Pay's evolution is being driven by Bruce Parker, a respected payments industry veteran with over three decades of experience. Parker's journey began in 1999 when he co-founded QSI Payments Inc., a pioneering company in the field of switching technology for banks and financial intermediaries. Under his leadership, QSI Payments expanded across Europe, USA, Canada, Hong Kong, Singapore, and Australia, becoming a key player in the global payments landscape. The company's success caught the attention of MasterCard, which eventually acquired QSI Payments.
Following the success of QSI Payments, Parker established iPayOptions in 2003. This self-funded company focused on serving the electronic payments industry by developing advanced software platforms, including internet payment gateways, batch payment management systems, and white-labelled eWallet solutions for card and payment management. Under Parker's guidance, iPayOptions grew to manage and process over $350 million USD per month in payment transactions, with monthly payouts reaching up to $600 million USD.
More on Aussie Journal
In 2015, Parker co-founded PAYONYX, a company that leveraged the technological advancements of iPayOptions to provide banks, program managers, processors, and foreign currency companies with state-of-the-art tools to accelerate, enhance, and deploy successful payments programs. The PAYONYX platform empowered banks to offer multi-currency services seamlessly integrated with their existing products.
"The payments landscape is undergoing a seismic shift, with cryptocurrency, particularly stablecoins, leading the charge," said Parker. "At WCT Pay, we're not just adapting to these changes; we're driving them. Our mission is to offer businesses across the globe, the ability to accept cryptocurrency payments for their goods and services.
WCT Pay's platform is designed to meet the needs of modern businesses, offering seamless integration, customisable payouts, and instant conversion from crypto to fiat. The platform supports several major cryptocurrencies across multiple networks and provides settlement in three fiat currencies. Businesses using WCT Pay can benefit from lower transaction fees, faster settlements, and the elimination of chargebacks, all while maintaining robust security and compliance standards.
More on Aussie Journal
The company's repositioning comes at a time of rapid growth and expansion. Having already established a strong presence in the APAC region, WCT Pay - https://wctpay.com - is now setting its sights on Europe, where it is securing the regulatory approvals to further extend its global reach. Parker continues to bring together a team of industry experts to drive the company's growth and innovation.
"The future of payments is here, and it's digital," Parker stated. "With WCT Pay, businesses can tap into a global market of over 500 million cryptocurrency users, offering their customers the convenience and security of crypto payments."
Following the success of QSI Payments, Parker established iPayOptions in 2003. This self-funded company focused on serving the electronic payments industry by developing advanced software platforms, including internet payment gateways, batch payment management systems, and white-labelled eWallet solutions for card and payment management. Under Parker's guidance, iPayOptions grew to manage and process over $350 million USD per month in payment transactions, with monthly payouts reaching up to $600 million USD.
More on Aussie Journal
- ALL Mainnet Launches AUSDT Stablecoin onto the global arena
- The Giving Edge: Is Leveraging Outrageous Kindness the Missing Link for Corporate ROI?
- One Of The Largest Native American Burial Sites In The United States Moves A Step Closer To National Recognition
- Cummings Graduate Institute for Behavioral Health Studies Announces New Book: Integrated Behavioral Health: Applying the Biodyne Mindset in Healthcare
- SureFlow to Showcase AI and Eco-Technology Energy Management Solutions at GITEX 2024
In 2015, Parker co-founded PAYONYX, a company that leveraged the technological advancements of iPayOptions to provide banks, program managers, processors, and foreign currency companies with state-of-the-art tools to accelerate, enhance, and deploy successful payments programs. The PAYONYX platform empowered banks to offer multi-currency services seamlessly integrated with their existing products.
"The payments landscape is undergoing a seismic shift, with cryptocurrency, particularly stablecoins, leading the charge," said Parker. "At WCT Pay, we're not just adapting to these changes; we're driving them. Our mission is to offer businesses across the globe, the ability to accept cryptocurrency payments for their goods and services.
WCT Pay's platform is designed to meet the needs of modern businesses, offering seamless integration, customisable payouts, and instant conversion from crypto to fiat. The platform supports several major cryptocurrencies across multiple networks and provides settlement in three fiat currencies. Businesses using WCT Pay can benefit from lower transaction fees, faster settlements, and the elimination of chargebacks, all while maintaining robust security and compliance standards.
More on Aussie Journal
- Smart Merchant Solution goes BLUU to strengthen its position in the Point of Sale (POS) Solutions and Payments Processing Sector
- Local SF Conservatory Pre-College Student Selected to Perform at Carnegie Hall
- Origination of Prince Oak's new alias and reasons of his change — the Eurasian Prince's newest nominal label is "Papa Eurasia"
- Anaptyx Selected Top Wireless Internet Service Provider (WISP) 2024
- Bug Busters Celebrates 40 Years in the Pest Control Industry
The company's repositioning comes at a time of rapid growth and expansion. Having already established a strong presence in the APAC region, WCT Pay - https://wctpay.com - is now setting its sights on Europe, where it is securing the regulatory approvals to further extend its global reach. Parker continues to bring together a team of industry experts to drive the company's growth and innovation.
"The future of payments is here, and it's digital," Parker stated. "With WCT Pay, businesses can tap into a global market of over 500 million cryptocurrency users, offering their customers the convenience and security of crypto payments."
Source: WCT Pay
0 Comments
Latest on Aussie Journal
- Develop Africa Partners with Sierra Leonean Painter Sahr Songu Mbriwa to Raise Funds for Education
- Composer Andrew Prahlow to Perform Award-Winning Outer Wilds Soundtrack on Oct 17th at Brooklyn's Music Hall of Williamsburg
- Cell-Ed and National Minority Health Association Forge Strategic Partnership to Expand Caregiving and Health Equity Initiatives
- Fortius Metals secures $2 Million Additional Funding to Bring Advanced Metal 3D Printing to the Aerospace and Defense Industry
- Voices Rising Festival Celebrates Diversity in E. Islip, GRAMMY Governor LACHI performs!
- Shincheonji Word Seminar Captures 4,000 MZ Generation Members; 400 Attending Pastors Impressed
- VSA Officially Receives SOC 2 Approval
- Martial Arts Icon Cynthia Rothrock Premieres Her Latest Film Black Creek
- Vantiva and Harmonic Partner to Offer Service Providers Easy Transition from DOCSIS to Fiber-based PON Technologies
- CCHR Demands Justice for Victims of Psychiatric Fraud and Patient Sexual Abuse
- First World Chronic Cough Day October 15, 2024
- New Frontier Aerospace Closes Seed Round with Pacific Bays Capital
- Enhanced Compression and Simultaneous Migrations for Cloud Repatriation with Carbon
- Bombora confirms Leaders Forum for Practice Managers & Key Staff to be important annual event
- MMCG Invest and Innowave Studio Merge to Revolutionize Feasibility Studies and Site Plans
- State of Nayarit Named the Official Mexican Tourism Destination of the Vancouver Canucks
- ProtectVirginia Petitions Virginia Dept of Environmental Quality for Cruise Ship Regulations
- Campaign for Kindness: Floris UMC is bringing back respect, humility, and compassion this election season
- Situ Ve Offers a New Perspective on Love Amid the Rising Passport Bro Movement
- FAPI Marketing Framework Team Launches AI Tutor in FAPI Academy Portal