ECommPay has been recognized by APAC CIOOutlook Magazine as the recipient of “Most Promising Banking and Software Solution Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Dennis Kwok.

ECommPay
Building Simplified and Secure Banking Technology Services

Dennis Kwok, Director, Head of Operations

An industry stranded in conventional and obsolete technology and methodologies, needs an advanced technological digression which will not only set the industry free from the myriad of technological hiccups, but will also improve efficiency. ECommPay is one such company which has revolutionized the concept of e-commerce with its array of high-end services and products which ensures the highest level of security. FraudStop, PCI DSS compliant Cashier technology and Merchant Back Office are few of the products standing out in the long list of ECommPay’s comprehensive services.

ECommPay’sfirst market presence in 2011 in Riga, Latvia was with the fore most motive to decrease the complexities of online payments. To attain the same, the goes down to the bare bones of their clients’ predicaments and business needsand provides client-satisfying customized services accordingly. Dennis Kwok, Director, Head of Operations (APAC) opines, “In our experience, many payment processors offer the same standard package across the board. ECommPay therefore, seeks to rise above competition by providing a bespoke service, which has proven to increase conversion rates and maintain high levels of customer satisfaction.”

Owing to their comprehensive services, Global Banking and Finance Review have vested upon the company the title of “Most innovative payment provider in Europe”. FraudStop, PCI DSS compliant Cashier technology and Merchant Back Office are the unique services, taking them to reach the epitome of success.

FraudStop goes down to the core of fraudulent activities and restores the security of online payment procedures through highly effective risk management system specifically engineered by an in-house team of technology experts. The company has designed advanced Cashier technology through which any e-Commerce client can securely accept payments and issue payouts, modifying as per their clients’ business requirements. Their Merchant Back Office ensures unrestrained access to reports, statistics, and reconciliations via a unified client interface.

The company’s client-oriented nature has been an enhancement to their range of comprehensive services and positioned them as a partner of choice for players in the iGaming, Forex, Retail, Travel and video gaming industry. Dennis says, “I can say with confidence that our continued growth and ongoing work with leaders of the Forex industry, as well as with iGaming and gambling clients, has provided many opportunities to develop our flexibility in regards to payment processing solutions and regularly requires our specialists to solve highly complex issues quickly and effectively.”

Being a provider of unique services and the kind of market-approach the industry was seeking for, ECommPay's success attained heights at their very inception, and the firm expanded to London, Singapore, Moscow, Cyprus, Kiev and Minsk within a short span of time. In rapid succession, the business gained further momentum; in 2014 the company earned an FCA license and in 2015 received the principal membership of both VISA and Master Card.

ECommPay has designed advanced Cashier technology through which any e-Commerce client can securely accept payments and issue payouts

The organization now endeavors tostretch its geographical reach to countries far and wide and striking new partnerships with industry big wigs. “Keeping our strategy the same as it always was, we plan to continue improving our market position by creating new products, improving current coverage and keeping client satisfaction high,” Dennis concludes on a positive note.