WILLEMSTAD - CX Pay, a Curaçao based FinTech company, founded in 2014 marked ten years since it processed its first payment transaction last Saturday, a milestone reflecting the company’s evolution into a multi-market payment infrastructure provider.
Since that initial transaction, CX Pay has processed 8.3 million transactions and facilitated more than USD 625 million in payment volume across its 30 operating markets.
Rather than measuring growth by the number of merchant accounts created, CX Pay has focused on active merchants and transaction volume, reflecting the operational realities of payment processing and compliance-driven environments.
Over the past decade, the company has expanded its capabilities in response to where payments occur in practice. What began with online payment gateway connectivity between banks, acquirers, processors, and merchant websites has broadened to include Local Payment Methods, such as iDeal, Sofort, Bancontact, SEPA, BitPay, PIX, AliPay and more, card network tokenization, Apple Pay and Google Pay, and a range of card-present and unattended payment solutions.
The platform supports tap-to-pay, attended point-of-sale terminals, self-service kiosks, and fully cashless environments, and is designed to operate across both online and offline scenarios, including events, with a cashless solution, ticketing, an eWallet and a donation-based crowdfunding.
CX Pay has also includes compatibility with more than 70 Property Management Systems (PMS) in hospitality and leisure.
As CX Pay enters its second decade, the company indicated it will continue to evolve in line with transaction volume and real-world payment behavior across the Caribbean and Latin America.