Xfers is a SG based company founded in 2015

Xfers

payments . p2p payments . software/whitelabel/apis-payments

FOUNDING YEAR: 2015

LOCATION: Singapore

Last Update: 01/05/2020

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TOTAL
Funding$2.5 M

TOTAL
Employees51-200

MEDICI Analysis

XFers provides online payments and internet banking solutions. The payment solution Paylink provides an unique link which can be used by individual sellers and merchants to accept payments. It allows users to upload the product along with the details and creates a link for the same. Merchants can then send this link to others to facilitate purchase.

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Focus

PRODUCTS & SERVICES

The products offering include- Xfers Checkout: It helps business users to Integrate online payment solution into their website. It allows them to save the transacation rates by providing the payment option such as paying with bank transfer and credit/debit card. Xfers Plus:- Xfers Plus is an e-wallet which stores redit or debit card information. They allows them to make transactions on any site using e-wallet.

REVENUE MODEL

The Company generates revenue on Transaction - 1-Bank Transfer - 1% of the transaction amount or SGD5 2-Local Credit Card / Debit Card (Visa/Mastercard) - From 3.4% + SGD0.50 per transaction

MAIN CLIENTS

trezo,Airpaz,airfrov,Fuel iCarsclub

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