Vatorx2
Ixaris
Location: 91 South Jackson Street, Seattle, Washington, United States United States
Stage: Post-launch
Number of employees: 31-50
Short URL: vator.co/ixaris
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Ixaris

Open Payments. Infinite Possibilities.
Startup/business
Seattle, Washington, United States United States
http://www.ixaris.com
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Company description

Ixaris specializes in developing innovative global applications based on open-loop (Visa and MasterCard) prepaid card schemes. Its payment applications provide easy access to electronic payments for those consumers unwilling or unable to access credit card services.

Ixaris’ consumer payment service, under the EntroPay brand, currently manages financial transactions exceeding US$15 million per month. With more than 100 clients, Ixaris offers a range of co-branded payment applications that enable enterprises within the healthcare, travel and affiliate marketing industry, and financial institutions to capitalize on the growing market for prepaid payment solutions through cost-effective, easy access to global payment networks (Visa, MasterCard, SWIFT).

Ixaris provides operational support for its solutions as well as customer services and fraud management. It is recognized by Visa and MasterCard as an Independent Sales Organization.«Less


Team
  • Matthew Lloyd
    Matthew Lloyd | Team member
    Matthew is a proven public relations and marketing communications leader with over seventeen years of experience delivering results driven strategic campaigns for Fortune 500 and emerging companies in the US, UK and Europe. As the president and th...
Business model

Ixaris specializes in developing innovative global applications based on open-loop (Visa and MasterCard) prepaid card schemes. Its payment applications provide easy access to electronic payments for those consumers unwilling or unable to access credit card services.

Competitive advantage
  • Openness:  Ixaris offers access to open loop payment networks such as Visa unlike competitors which are proprietary
  • Revenue:  Ixaris allows the application providers and developers to charge for use of the application and get a revenue share
  • Reach:  Applications built on Ixaris can be offered to an estabished community of payment innovators and businesses