What is a “whitelabel” broker?
Misano Payments uses Currency Cloud as its FCA-authorised partner. But what does this mean?
Misano Payments is a so-called “white label” broker, meaning that it uses services provided by Currency Cloud in order to carry out its day-to-day business activities. This means that Managing Director Toby Dyke can instead spend the time with clients, to ensure they are comfortable with the service provided, and the technology involved and of course, so that clients can receive as much of a personal service that they require. Currency Cloud provides the platform, e-wallet currency accounts and exchange rate services to Misano Payments'. Furthermore, Currency Cloud gets involved in the background as soon as a client registers with Misano Payments, as it also provides all onboarding and Know Your Client (KYC) services to us. As a “white label” broker, clients of Misano Payments will only ever deal with us - with the services provided by Currency Cloud happening in the background.
Currency Cloud provides a range of services that make it easy for businesses and individuals to send and receive international payments. Although there are many currency brokers out there, Currency Cloud stands out for its user-friendly platform, competitive exchange rates, and dedicated broker support. It is for these reasons that Misano Payments selected Currency Cloud as its FCA-authorised partner.
Here’s why Misano Payments selected Currency Cloud to service its clients’ currency exchange needs:
Low fees and competitive rates
Misano Payments offers transparent pricing, with no hidden fees and competitive exchange rates. They use mid-market rates for their currencies, which means you get a fair rate compared to other providers. It also allows you to see upfront what your payment will cost and avoid any surprises.
2. Fast and reliable payments
Currency Cloud's payment processing is fast, allowing you to send or receive money quickly. They also have a secure and reliable platform, with a 99.99% availability rate.
3. Enhanced security features
As a regulated financial institution, Currency Cloud is committed to protecting your data and funds. They use Multi-Factor Authentication, data encryption, and other security measures to ensure your transactions are safe and secure.
4. Dedicated customer support
Misano Payments has dedicated customer support as part of the services provided by Currency Cloud.
Overall, Misano Payments is an excellent choice for businesses and individuals who need to send or receive international payments. Our platform is easy to use and our rates are competitive.
The above gives more details on Misano Payments’ relationship with Currency Cloud, but more information can be found on our Security page.