With the constant requirement for high-risk merchants to stay on their toes with new payment methods, it seems that LegionPay and its Co-founder Andrew Anastasiou have stayed one step ahead of the game with the relaunch of the company and its products.
Andrew Anastasiou, the 31-year-old Cyprus based entrepreneur and high-risk payment specialist recently informed us that alongside his Co-founder, the decision to rebrand the company and offer more solutions to their merchants has been officially agreed. The idea of changing the product line (and increasing the company’s payment abilities) came after the Board of the company brought forward a case that showed that simply offering crypto deposit solutions via a gateway was not enough of a unique selling point. As well as this, the need for LegionPay to provide more services became apparent once the growth of the company erupted due to the need for online payments from the Covid-19 pandemic.
The company is also in the final stages of completing their own gateway, meaning that customers of Legion Pay, including merchants classified as high-risk will have access to over 100 payment methods including local deposits in South America, and mobile deposits in Africa.
Alongside his Co-founder, whose name currently cannot be disclosed, Andrew Anastasiou expects to complete his dream of offering a full payments ecosystem by 2025. In line with this, a member of the Board also told us that the group is on track to being able to offer named IBAN solutions through their own platform which could also be integrated to Legion Pay.
Andrew Anastasiou also told us “we are constantly doing our best to meet the needs of our merchants, and although the high-risk payments arena is becoming more and more challenging, we feel that we are in a position to ensure that our merchants are always full secure and have the payment solutions they need”
