The world of payments and transactions is one that’s diverse and multifaceted, with many payment methods offered in each country. That’s why payment orchestration platforms come into play; they help streamline payment processes for merchants through what’s known as unified payment APIs.
Egyptian fintech MoneyHash is one such platform that has managed to raise $4.5 million in seed funding.
Anyone using MoneyHash gets access to a wide range of pay-in and pay-out methods, including cards, wallets, bank transfers, crypto, BNPL, or cash. They also have a fully customizable checkout experience, transaction routing capabilities with fraud and failure rate optimizers, and a centralized transaction reporting hub.
When taking a deep dive into the platform, MoneyHash’s chief product manager described it best, “the infrastructure is powered by over 200 pre-integrated APIs with payment service providers and payment methods across 80+ markets.”
Now, both merchants and customers will be able to navigate the complex payment ecosystem effectively, and with this funding, MoneyHash will grow exponentially in its technology.
WE SAID THIS: Don’t Miss…Egypt’s MNT-Halan Reaches A $130M Milestone In Funding: What Does This Mean For SMEs?
