MontyPay, the global payment gateway headquartered in the UK and recognized for its innovative payment solutions worldwide, recently unveiled an expansion of its product offerings. Beyond serving as a payment gateway, MontyPay is now providing comprehensive solutions for ecommerce businesses, including a self-service checkout solution, a merchant mobile app, and various other features set to launch in the coming months.
Noel Moukheiber, General Manager of MontyPay, stated, ‘Our goal is to simplify and secure payments, aiding merchants in streamlining their end-to-end e-commerce processes while enhancing the overall consumer experience. Through this, we aim to assist our clients in simplifying their operational workflows and fostering business growth.’
MontyPay’s expanded offerings encompass an online and mobile checkout tool for seamless processing of all online payments, a pay-by-link or QR code option enabling instant global money collection, a recurring bills setup for regular scheduled payments and consolidated transactions, an installment option for flexible payment plans, and a cryptocurrency payment method facilitating acceptance of various cryptocurrencies directly into merchants’ bank accounts. Additionally, MontyPay features smart routing and cascading, providing merchants with optimal, cost-effective routes for increased acceptance rates.
Moukheiber emphasized, ‘Considering merchants as our lifelong partners, we take on the responsibility of designing solutions that contribute to their growth. By choosing MontyPay, customers benefit from smart routing, advanced reporting, fraud prevention, a seamless app experience, and our renowned 24/7 customer support.’
MontyPay is set to launch two new products: SmartPOS, streamlining payments with easy integration into any point of sale, enabling cashless transactions, QR payments, and support for credit and debit cards; and Qcheck, a self-service checkout solution designed for the hospitality sector, promising faster checkouts, a seamless customer experience, increased sales/tips, and real-time reporting through a single integration.
Currently operating in 50+ countries, MontyPay has expanded its reach beyond the EU, UK, Nigeria, Lebanon, and the UAE to include Jordan, Bahrain, Kuwait, Indonesia, the US, Canada, and 12 Latin American markets. The company maintains regional offices in Lebanon, Jordan, Nigeria, Indonesia, the UK, and the UAE.
MontyPay stands as a distinguished global payment service provider, extending support to merchants in over 50 countries through a wide array of payment solutions. Its offerings include a comprehensive suite of services covering both physical and digital payments, self-service checkout options, omnichannel platforms, and white-label solutions. With a vision centered on broadening global accessibility, MontyPay is actively seeking PSSP (Payment Solution Service Provider) and PTSP (Payment Terminal Service Provider) licenses in Nigeria and Saudi Arabia, respectively. This strategic expansion is geared towards fortifying MontyPay’s presence and capabilities, aiming to provide merchants with a holistic payment orchestration solution that caters to diverse markets and customer preferences.