Expanding Marketplace Services: Incorporation of Zimpler into Elantil's platform
Zimpler Partners with Elantil to Offer Seamless, Compliant Payments
Zimpler, a leading Pay by Bank provider founded in 2012 in Stockholm, has recently partnered with Elantil, a disruptive platform solutions provider. This collaboration adds another significant addition to Elantil's Marketplace, furthering their goal of offering a one-stop shop for operators.
Sarah Nunn, partnership manager at Zimpler, expresses excitement about contributing to Elantil's platform and making seamless, compliant payments more accessible to operators. Zimpler processes over €2.6 billion in transactions annually, and their Pay by Bank network in the Nordics is the fastest growing in the region.
The partnership between Elantil and Zimpler underscores a commitment to bringing smarter financial solutions to the forefront. Operators can form their own contracts with Zimpler directly without Elantil dictating terms, eliminating the need for intermediaries and reducing delays.
Zimpler's Pay by Bank solution, popular in regulated markets like Estonia, offers instant, secure, and wallet-free direct bank payments that enable seamless deposits and withdrawals combined with real-time KYC (Know Your Customer) verification. This solution minimizes barriers for users and operators by providing fast, reliable financial transactions that comply with regulatory standards.
Key benefits and features include:
- Instant deposits and withdrawals with no need for lengthy registration or document submission, speeding up financial flows for users and businesses.
- Real-time KYC checks integrated into the payment process, which simplifies identity verification and enhances regulatory compliance in regulated markets such as Estonia.
- A wallet-free, direct-to-bank approach that avoids intermediary accounts, improving security and conversion rates for operators.
- Easy integration for operators via a one-click integration, enabling marketplaces and online gaming operators to quickly add this payment service to their offerings and expand their toolkits with a compliant, reliable provider.
- Support for a smoother user experience by allowing users to create an account instantly using familiar national digital identity tools like BankID, linking payments and verification efficiently.
Zimpler is connected to over 350 million bank accounts across 25 markets, including Brazil, where they recently became a certified Payment Institution, expanding their reach and capabilities. This partnership marks a significant step forward in Elantil's mission to offer a comprehensive suite of financial services to operators.
John Debono, chief technical officer at Elantil, emphasizes their commitment to regulated, reliable providers and expanding the services they offer operators. Once an agreement is finalized, operators can begin using Zimpler's services by entering the credentials provided by Elantil. Zimpler's full suite of financial services will be available to operators via a simple one-click integration on Elantil's Marketplace.
[1] Zimpler Press Release, "Zimpler and Elantil Partner to Offer Seamless, Compliant Payments", Link [2] Zimpler Press Release, "Zimpler Launches in Estonia with Instant Bank Payments and Real-time KYC", Link [3] Elantil Press Release, "Elantil Partners with Zimpler to Expand Financial Services for Operators", Link [4] Zimpler Whitepaper, "The Future of Payments: Zimpler's Approach", Link [5] Elantil Whitepaper, "Elantil's Platform: Revolutionizing the Gaming Industry", Link
- Leveraging their partnership with Zimpler, Elantil plans to offer open banking payments that aim to provide a seamless financial experience for operators within the industry.
- With Zimpler's data-driven technology, Elantil's Marketplace is poised to strengthen its commitment to providing a comprehensive suite of payment solutions in the rapidly evolving finance sector.
- Elantil's expansion of partnerships like the one with Zimpler signifies the company's dedicated goal of creating simpler, regulated, and technology-driven solutions for the gaming and finance business.
- Alongside Elantil's existing services, the integration of Zimpler's Pay by Bank solution promises to reinforce the company's quest for expo in the global finance and technology market.
