Frontier and Emerging Industries

There are numerous frontier and emerging industry businesses that are a complete mystery to traditional banks. These are often all categorised as "High Risk Business" by the traditional and high street banks. What this usually means is the legacy control and monitoring systems in the banks are unable to manage the risk in a cost effective way. So these businesses are refused critical banking services.

Equaze has sophisticated due diligence processes, which include monitoring and oversight of transactions using our unique Transaction Due Diligence systems and methodologies to identify and work with businesses that are well run and compliant operating in misunderstood industries. Our Equaze solutions are here to help.

High Risk Businesses often include a blanket categorisation of businesses in the CDB, adult, gaming, gambling and digital asset businesses. Many businesses in these industries are well run and managed, with their own risk mitigation policies and systems. This in turn, coupled with additional monitoring systems, makes them good candidates for banking facilities.

e-money Current Accounts

e-money current accounts can be the perfect tool manage your finances. Send payments to suppliers, staff and other outgoings via faster payments, Chaps or direct debit in GBP (and SEPA and SEPA Instant credits for EUR coming soon). Receive payments from customers, merchant acquirers and others.

Business Expense Cards

issue any number of Mastercard expense cards to your employees for payments to your suppliers. Limit the funds available on any card, add and withdraw funds as required and access all the cards in one dashboard. Download excel statements for your records or for import to accounting software. Pay in any currency using Mastercard’s exchange rates with foreign exchange fees starting from as low as 0.49%.

Payroll Cards

Issue cards to your employees located in different countries and pay their commissions or salaries directly to their card. They can use the card at any ATM or location that accepts Mastercard, which is more than 22 million locations.
Payroll cards can be in single currency GBP or EUR or one card with multiple currencies in GBP, EUR and USD.

Virtual cards and physical cards for supplier payments

Our virtual cards offer the perfect blend of convenience and security meaning you can process a one off payment with less risk than a physical card. Create and delete virtual cards as required.
Receive 0.50% cashback on all qualifying spend, which does not include ATM usage but includes most point of sale transactions.
Benefit from Mastercard exchange rates and foreign exchange fees as low as 0.49%.
Pay suppliers all around the world.

Faster Payments and SEPA Instant for real time payments

Use faster payments (and coming soon SEPA and SEPA instant) payments to pay suppliers such as airlines and hotels and reduce the cost of payments for your suppliers. Faster payments and SEPA fees are fixed fees and not a percentage of the transaction value which reduces costs all round.