OpenPayd is pleased to announce that its affiliated US division, MSB USA Inc. has been granted its Florida Money Transmitter License. This increases the group’s licensed coverage of the USA to 43 states and is a reflection of the OpenPayd strategy to open up payments globally.
The Florida license is testament to the success MSB USA inc. has demonstrated to date in expanding the reach of its license network and will empower more businesses to leverage the flexible, modular technology OpenPayd provides its group companies.
MSB USA Inc., under the Ozan brand, enables businesses to accept international payment options in multiple currencies through a simple integration of its innovative payment gateway. The gateway is coupled with leading fraud and risk management tools meaning businesses can launch quickly without the need for numerous acquiring relationships and additional compliance overheads.
Elena Sabkova, General Counsel and Chief Compliance Officer said “We are very pleased to be granted the Florida License. Our strategy is to enable businesses in the US and globally to trade and make cross-border payments with ease. The US market is very important for us and our customers as it’s such a significant centre for trade and payments both domestically and internationally.”