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FXCPay Sign Digital Licence Agreement
FXC News
FXCPay Sign Digital Licence Agreement
Following significant success with new distribution partners for the FXC Module business and a re-organisation to focus on these partner relationships, FXC Group has agreed to license FXC Group digital IP to David Butterworth in a new entity called FXCDirect Limited. David has an outstanding 30 year track record as an entrepreneur in IT sales and distribution. David has launched a new website www.FXCDirect.com which is the focal point for independent merchants looking to sign up to use FXC technology.
Transaction Processing Hits £500m
FXC News
Transaction Processing Hits £500m
FXC Group is proud to announce that transaction processing breached the £500m milestone.
Transaction Processing Hits £250m
FXC News
Transaction Processing Hits £250m
FXC Group is proud to announce that transaction processing breached the £250m milestone.
Nico Snyman Joins to Drive Fintech Solution
FXC News
Nico Snyman Joins to Drive Fintech Solution
Nico joins following a period of consulting with the group as system designs are taking shape. Having been in involved in fintech since 1997, Nico has an extensive understanding of transactional e-Commerce. Chris Compston, FXC Founder, commented “Navigating the complex world of currency trading and credit card systems takes real expertise. This is what Nico brings us”
Transaction Processing Hits £100m
FXC News
Transaction Processing Hits £100m
FXC Group is proud to announce that transaction processing breached the £100m milestone.
FXC Gateway Live
FXC News
FXC Gateway Live
FXC are pleased to announce the live operation of the FXC Gateway. The FXCPay gateway carries out payments from ecommerce, mobile and POS with utmost security. We’re experts in the field of fraud prevention
and risk management and have PCI DSS level 1 certification. Technologies such as biometric authentication and self-learning analytics tools also enhance security and convenience for merchants and consumers alike. Some key features include:
- Access to over 350 methods of payment
- Free choice of over 30 acquirers
- Individual requirements catered for including virtual terminal
- Simple integration of ERP and shop systems and of further payment services
- Processing in over 70 currencies
- Tokenised card details t allow you to manage recurring payments without the need for PCI
Appointment of Client Manager and FX Concierge Project Manager
FXC News
Appointment of Client Manager and FX Concierge Project Manager
Further to the launch of the project to identify and develop a new and revolutionary approach to handling credit card transactions for card holders from different scheme regions to a merchant Phill Evans was appointed Project Manager. Phill has over 15 years’ experience in Treasury and FX. Phill previously worked for Barclays Wealth and Investment, managing treasury relationships for high-net-worth individuals. He also led specialist FX teams for Bank Of America. Chris Compston noted that this was a significant step in realising his vision to redistribute the costs of cross border transactions. Phill is also responsible for building on long term client relationships as key accounts grow requiring more complex and diversified processing solutions.
Confirmation the FXC Module Falls Outside The Payments Services Directive in UK
FXC News
Confirmation the FXC Module Falls Outside The Payments Services Directive in UK
FXC Concierge (UK) Limited received confirmation from the Financial Conduct Authority in UK that the business model operated by the FXC Group does not fall under the the Payments Services Directive because the service operated by FXC is a technology solution and at no time do we hold, or pay, any client funds.
Change Of Ownership
FXC News
Change Of Ownership
Christopher Compston purchased the remaining share capital he did not already own in Domicilium Payments Services and Neunex limited from Domicilium Limited to become 100% owner of the Group. Commenting at the time Christopher said this “Over the past 6 years and together with the staff at Domicilium Limited we have created a very successful independent sales organisation. This purchase will now give me the flexibility to build on this and to pursue the many new and innovative ideas I have in the payments sector.”
The Story Begins
FXC News
The Story Begins
Domicilium Payments Services Limited formed as a joint venture between Christopher Compston and Domicilium Limited. Jon Allen, Managing Director of Domicilium Limited, welcomed Christopher to the Domicilium Group and looked forward to building on the relationships both parties had to establish a leading payment handling business.