Ixaris Systems Ltd develops and operates innovative solutions for electronic
payment solutions and various other transaction-based financial services.
Registered in both the United Kingdom and Wales, Ixarus is certified by the
UK Financial Services Authority to issue electronic currency for EntroPay, their
flagship consumer offering. EntroPay is an electronic payment solution that is
not only safe to use, but one that is remarkeably convenient for the consumer.
This is because it is useable wherever Visa is accepted, both online and
telephonically.
Unlike a credit card however, EntroPay is a pre-loaded payment technology,
and as such, credit risk and credit worthiness are a thing of the past. Since
the card is not directly tied to a bank account, you manage your own funds via
an online card management system. Following this, the consumer is able to make
deposits with his/her EntroPay card at any Visa affiliated vendor, topping up
hi/sher EntroPay card whenever required. Deposits can be made via credit and
debit cards, as well as bank transfers. Transfers require authorisation from the
consumer's bank, resulting in delays of up to 5 days, but they are free, as
opposed to credit and debit card transactions which are liable to a transaction
charge of 4.95%. This is somewhat hefty when compared to other leading internet
payment solutions, but the convenience of using all Visa affiliated vendors
makes online spending unlimited and somehow seems worth it. (Unlike using a
credit card though, an EntroPay card does not attract monthly or annual fees!)
Withdrawals from the EntroPay card is just just as simple, but processing might
take several days.
Because EntroPay is registered with the Financial Services Authority,
EntroPay is obliged to comply with nu,erous regulatory requirements regarding
asset/liability, float management, consumer protection and risk protection.
Security issues are virtually non-existent using EntroPay, as the encyption
technology employed is highly advanced. All monies deposited into an EntroPay
account are held in a segregated client fund, and do not form part of
operational finances. This ensures that volatility in the financial sector is
never of concern to the consumer. Another advantage for the consumer during
transactions, is that merchants are only able to debit what has been loaded onto
a card, and in all circumstances, are unable to gain access to a card user's
banking details.
EntroPay also offers a facility for the transfer of funds from one account to
another, multiple currency options and multiple language options. A truly
convenient global online trading resource!
