12/01/2022

MiFinity launches Virtual IBAN for fast, private and secure payments

Press Release

Malta, 12th January 2022

, the secure eWallet for the iGaming industry, today announced the launch of its Virtual IBAN (International Bank Account Number) service. MiFinity users are now able to request a free IBAN linked to their primary MiFinity eWallet, which can be used to top up their MiFinity accounts. They can then use the funds at any of MiFinity’s 190+ live merchants and iGaming operators – the full list can be found

here.

IBANs are used worldwide to identify individual bank accounts to make it easier to process international payments. The MiFinity Virtual IBAN is a free, private and secure way for users to credit their MiFinity accounts directly from any GB or EEA IBAN enabled bank account. The MiFinity virtual IBAN also offers same-day settlement for SEPA (Single Euro Payments Area) transfers.

Verified MiFinity users will be able to request an IBAN for free and have it linked to their account within minutes. The MiFinity Virtual IBAN service will initially be open to customers in the UK and EEA (European Economic Area), and available in EUR and GBP currencies.

“Our virtual IBANs are a remarkably simple way for users to top up their MiFinity and iGaming accounts,” said MiFinity CEO, Paul Kavanaugh. “It’s free, quick to set up, and easy to use. IBANs also offer an extra layer of privacy for our more security conscious customers. We think that the virtual IBAN will prove to be a big hit with customers in 2022, and the launch of this exciting new product is a great way to start the new year”.

About MiFinity

MiFinity, a global payments provider, offers a range of cost-effective and efficient end-to-end payment solutions. It has a growing network of global partner relationships and a best-in-class, highly secure and regulated technology platform.

MiFinity’s online eWallet targets the online gaming, travel and eCommerce sectors. It is a fast, simple, and secure way for customers to perform transactions with multiple local payment options in different currencies. MiFinity is evolving into a true ‘omnichannel’ payment provider to the global online payment market.

For more information, please visit

www.mifinity.com

MiFinity UK Limited (Registration Ref.900090) and Mifinity Malta Limited (Registration Ref. C64824), trading as MiFinity for the issuing of electronic money are duly authorised and regulated by UK Financial Conduct Authority (FCA) and Malta Financial Services Authority, respectively (MFSA).

For PR inquiries please contact:

pr@mifinity.com

®MiFinity UK Limited, trading as MiFinity, is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 [Register Ref. 900090] for the issuing of electronic money. Registered in Northern Ireland. Registered address: 28 School Road, Newtownbreda, Belfast, BT8 6BT, Northern Ireland. Registration No. NI611169.

®Mifinity Malta Limited, trading as MiFinity, is authorised by the Malta Financial Services Authority (“MFSA”) as a Financial Institution under the Financial Institutions Act 1994 (Chapter 376 of the Laws of Malta). Registered address: Level 3 (SUITE 2507), Tower Business Center, Tower Street, Swatar, Birkirkara, Malta. Registration Number C64824.