TPPay, Istituto di Moneta Elettronica (IMEL), is breaking into the Italian financial sector with an offer for the management of financial services intended for the Corporate world. With a specialization in the issuance, management and distribution of electronic money, TPPay establishes itself as the first IMEL-as-a-service in Italy, offering businesses the ability to introduce financial and payment services to their customers without the need to acquire any licenses.
TPPay services
“Our mission is to give businesses without a banking license the opportunity to benefit from open banking” explains Matteo Bravi, Chief Strategy & Transformation Officer of TAS and Chairman of TPPay. “Our goal is to make financial services and collection and payment systems more accessible and convenient for companies and their customers, thus contributing to the transformation of the digital financial sector, with a range of highly customizable solutions and services to meet the needs of different markets”.
The services offered by TPPay include:
- Payment Accounts
- Cards
- Payments.
A 100% white-label experience
“TPPay stands out for its flexibility and modularity, satisfying the needs of a wide variety of sectors, including utilities, energy and oil, insurance, large-scale retail trade, tourism and fashion, telecommunications and gambling, automotive and mobility, fintech and marketplace” observes Emanuele Grio, Chief Operating Officer of TPPay.
Alfonso Catone, Chief Commercial Officer of TPPay, lists the benefits of collaborating with TPPay as a TPP (Third Party Player): “Thanks to the closed-loop collection systems it is possible to obtain immediate payments outside of traditional banking systems, thus saving on acquiring costs. The possibility of issuing cards and other personalized services opens up new revenue channels and helps increase user loyalty. Last but not least, TPPay offers a 100% white-label experience, allowing complete customization of the user experience and ensuring full control of the brand identity.”
TPPay is a TAS group company that boasts a leading position in the Italian market for e-money and payment technologies with over four decades of experience and a 75% market share in the banking sector and 90% on IMEL and PSD2 operators. TAS brings with it a comprehensive PSD2 product portfolio and deep knowledge of the payments industry.
