Press Release dated March 31, 2020

31.03.2020 Press Release dated March 31, 2020
VEPAY, a payment processing company, has announced the launch of a service for investment platform operators complying with Federal Law No. 259-FZ ‘On Raising Investments via Investment Platforms and on Amending Certain Regulations of the Russian Federation’.

VEPAY’s service for crowdfunding platforms is capable of automating the following processes: nominal account opening, document verification, adding beneficiaries to the nominal account, cash flow between current and nominal accounts, management of investors’ and borrowers’ cash flows, cash distribution, online replenishment of the nominal account with a bank card and current account.

The VEPAY processing company assists in integrating the service into crowdfunding platforms and provides technical support for any issues.

We would be happy to see you as our Clients!

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