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OpenTransact

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Payment acceptance solutions enabling diverse transactions with reduced fees.

Overview

OpenTransact operates in the fintech sector by offering payment acceptance solutions that allow merchants to process various payment types, including traditional card payments, digital wallets, and cryptocurrencies. The platform aims to address high payment processing fees while allowing customers to use their preferred payment methods. It targets businesses across multiple industries, including high-risk sectors, and seeks to enhance payment efficiency through a secure and scalable payment gateway. The platform includes advanced security features and an API designed for integration, which supports omni-channel commerce and aims to improve transaction experiences.

Key facts

Founded
2010
Sector
Payments

Business model

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About OpenTransact

What does OpenTransact do?

OpenTransact operates in the fintech sector by offering payment acceptance solutions that allow merchants to process various payment types, including traditional card payments, digital wallets, and cryptocurrencies.

Where is OpenTransact headquartered?

OpenTransact is headquartered in New York City, United States.

When was OpenTransact founded?

OpenTransact was founded in 2010.

Which sector is OpenTransact in?

OpenTransact operates in Payments, part of Financial Technology.

Who are OpenTransact's competitors?

Companies similar to OpenTransact include EZcale, Mobbex, and GoPayzi.