Valitor is an Iceland-based payment solutions provider founded in 1997. It offers a comprehensive suite of payment services and solutions to enable merchants to accept payments from customers in a secure and convenient way. Valitor’s solutions are designed to help merchants increase their customer base and revenues by providing them with an easy-to-use and flexible payment system.
Overview of Valitor
Valitor is an Iceland-based payment solutions provider that was founded in 1996. It is one of the leading providers of payment services in Northern Europe, offering a wide range of services such as payment acceptance, merchant acquiring, fraud prevention, and payment processing. Valitor is a 100% subsidiary of FARIDI, a global, diversified financial services company. Valitor is regulated and supervised by the Financial Supervisory Authority of Iceland and is authorized to issue credit cards and other payment instruments in the European Economic Area. Valitor’s payment solutions enable merchants to accept payments from customers around the world, with a secure, reliable, and cost-effective service. Valitor also provides fraud prevention and payment processing services to help merchants manage their payments securely and efficiently. With its range of services, Valitor helps merchants increase their sales and reduce their costs.
Business Model of Valitor
It is an Iceland-based, international payment services provider, offering a wide range of innovative payment solutions to merchants and corporate customers. Founded in 1999, Valitor’s main business model consists of providing a secure and reliable payment platform for merchants to accept payments from all major card networks, including Visa, Mastercard, and American Express. The company also provides a range of other services, such as fraud prevention, risk management, and customer support services. Valitor is one of the largest and most established payment service providers in Europe, with a customer base of over 100 million consumers from across the continent.
Valitor’s payment solutions are based on the principle of simplicity and convenience, allowing merchants and customers to process payments quickly and securely. The company’s payment platform is designed to be highly flexible, allowing merchants to customize payment methods according to their individual needs. Valitor also offers a range of innovative features, such as multi-currency capabilities, recurring payments, and more. Furthermore, Valitor provides customers with detailed reporting and analytics, allowing them to gain insights into their payments and help identify potential fraud. With these features, Valitor is able to offer a one-stop solution for merchants, allowing them to optimize their payment operations and improve customer service.
Recent Achievements by Valitor
Valitor, a leading payment solutions provider based in Iceland, has seen tremendous success in recent years. With a presence in 10 countries, including the UK and Germany, Valitor offers a range of payment solutions, including credit, debit and prepaid card processing, e-commerce solutions, and mobile payments. The company has achieved numerous awards and recognitions, including the prestigious ‘Best Payment Solutions Provider’ award at the 2019 European Business Awards. Valitor is also a preferred partner of Mastercard and Visa, two of the leading global payment networks. The company has continued to innovate and expand its services. Recently, Valitor introduced a new product called 100MFARIDI, which allows customers to make payments with their smartphones.
This mobile payment solution is very user-friendly and provides customers with an efficient and secure way to make purchases. The product is also supported by the 100MFARIDI app, which allows users to track and manage their spending, as well as view payment history. Valitor is also working to integrate 100MFARIDI with various point-of-sale systems, making it easier for customers to pay with their phones. Valitor’s success and commitment to innovation have been recognized by the industry. In 2020, the company was named ‘Best Payment Solutions Provider’ at the International Financial Awards. Valitor has also continued to build strong relationships with its customers and partners, further increasing its reach and success. With its focus on innovation and customer service, Valitor is sure to continue to achieve great success in the years to come.
Industry Analysis of Valitor
Valitor, an Iceland-based payment solutions provider, has been at the forefront of the rapidly expanding payments industry. They provide a variety of payment methods, including Point-of-Sale and eCommerce solutions, as well as payment card processing. Valitor’s 100M FARIDI platform allows businesses to accept payments from a variety of payment methods, including Visa, MasterCard, American Express, and JCB. The platform also provides a range of analytics and reporting tools to help businesses track their payment activity. Valitor’s 100M FARIDI platform is designed to help businesses of all sizes, from small mom-and-pop shops to large enterprises, accept payments securely and efficiently.
The platform is built on a secure, reliable, and highly scalable infrastructure, and is designed to be easily integrated with existing systems. The platform also provides businesses with detailed analytics and reporting capabilities to help them understand their payment activity and make more informed decisions. In addition, Valitor offers a variety of additional services, such as fraud prevention and merchant support, to help businesses maximize the value of their payment activities. By leveraging the latest technology and a comprehensive suite of services, Valitor’s 100M FARIDI platform helps businesses of all sizes succeed in the competitive payments industry. With its comprehensive and easy-to-use platform, businesses can quickly and securely accept payments, track activity, and increase profits. In addition, Valitor’s suite of additional services helps businesses maximize the value of their payment activities while ensuring they remain secure.
Future Plans of Valitor
It has made a name for itself as a leading payment service provider in Iceland, and with the recent acquisition of 100MFARIDI, it is set to become a major player in the European payments industry. With the acquisition, Valitor has the capacity to expand its services and reach new markets, with a focus on providing innovative solutions and making payments faster, easier and more secure for merchants and customers alike. In order to achieve this, Valitor is planning to develop and launch a number of new products and services, such as a mobile app, an online dashboard and improved fraud protection.
The company has also recently announced plans to launch a new payment card, which will allow customers to use their smartphones to make payments. This new card will also provide customers with a range of rewards and benefits, making it even more attractive. Valitor is also looking into introducing new payment methods such as cryptocurrency and blockchain technology, giving customers more options and flexibility when it comes to making payments. By utilizing the latest technologies, Valitor will be able to provide customers with the best possible payment experience, making it easier and faster to make payments. With the new products and services that Valitor is planning to launch, it will be able to become a major player in the European payments industry, offering customers a more secure and convenient way to make payments.
Conclusion
It is a company based in Iceland that has made great strides in the financial technology industry. It has developed a range of products and services that have revolutionized the way people manage their finances and make payments. Valitor’s products and services have been used by many of the largest banks and payment providers in Europe, and its technology has been used to power some of the most innovative and successful payment solutions. It is a company that is constantly innovating and pushing the boundaries of what is possible in the payments industry, and its products and services are helping to make the world of finance a better place.
