Pensio is now re-branded as AltaPay

Danish payment service provider Pensio is retooling is current infrastructure and is planning on a re-branding and re-launching the services as AltaPay.

Pensio was founded in 2008 and has seen regular growth over the years with its line of payment solutions. The re-branding and the move to new offices in Copenhagen will help with the firms new global ambitions.

“‘Alta’ means 'high or elevated' in Latin. With our overview of the market we are in a unique position to make the payment processing industry as transparent as possible. Payment reconciliation is the key to the next big surge in eCommerce. The relaunch is to reflect our position as a major global facilitator in this the next era of eCommerce services," CEO and Co-founder Christian Rasmussen explains.

AltaPay will focus on simplifying and streamlining its payment solutions, and will focus on creating what CEO Christian Rasmussen calls “A 'level paying field”.

The AltaPay platform was completely re-worked from what was offered by Pensio, and is primarily focused on offering its customers genuine flexibility and transparency to the world of online Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and Ecommerce.

"Every single transaction can involve up to seven different parties - each with their own commission rates and fees. That's before you start to account for currency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term rates, order tracking, fraud management, etc. You have to deconstruct the whole process to make payments less complicated," said AltaPay’s Chief Technology Officer Emanuel Greisen.

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