iBanFirst partners with Raisin DS

Thursday 22 July 2021 15:04 CET | News

The Germany-based payment service providers iBanFirst and Raisin DS have announced partnering.

The cooperation gives iBanFirst customers the opportunity to invest their deposits in business accounts profitably. After registering, business customers can invest as often as wanted and have access to overnight and fixed-term deposits throughout Europe.

The portfolio includes various investment options with interest rates of up to 2.5% per year and a term of 3 years. According to an iBanFirst representative, business customers in Germany have the highest interest charges in Europe and customers who hedge their currency risks through iBanFirst and invest their deposits profitably can thus manage their liquidity better. 

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Keywords: partnership, investment, payment processing, mobile payments
Categories: Payments & Commerce | Payments General
Countries: Germany
This article is part of category

Payments & Commerce