Verestro SA
Promienna 10
Warsaw, Poland
office@verestro.com
NEWS
16.11.2023
Embedded Payments for Crypto Wallets - Verestro's Card Issuing Solution for Crypto Companies
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13.11.2023
Verestro's Embedded Finance Use Cases for Insurtech
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07.11.2023
What is Embedded Finance? Get to Know Use Cases for Merchants
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02.11.2023
How to Grow your Revenue with Verestro Fintech as a Service
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17.10.2023
Quicko Wallet Money Transfer Integration with Slack App Successfully Tested
Verestro has implemented a solution that enables fast money transfers and payment settlements on Slack among Verestro’s employees and partners using th...e Quicko Wallet payment application. Possible use cases for integrated payments include transferring money between employees communicating on Slack channels or reconciling business expenses. In addition, employees can receive virtual payment cards to streamline financial transactions.The money transfer service linked to the popular business communication platform is an innovative solution for employees who are interested in making transactions seamlessly where they interact with others. Read more at Finextra.com and ThePaypers.com.expand
08.09.2023
"AI in Fintech" - Krzysztof Drzyzga on the Applications of Artificial Intelligence
We would like to encourage you to read the latest article by Krzysztof Drzyzga, Verestro CEO. You will find answers about Verestro's experience with Artificial Intelligence and the bene...fits of using innovative AI solutions for our valued customers and employees. Link to the article: LinkedIn.expand
07.09.2023
Apple Pay and Google Pay in the Philippines
Verestro has begun offering its services in those regions of Southeast Asia where mobile payment systems are gaining popularity. Our Token Management Platform allows fo...r quick and easy integration with systems such as Apple Pay, Google Pay and Samsung Pay, giving you instant access to funds with the highest standards of transaction security. Read more on LinkedIn.expand
19.07.2023
Michał Maciąg outlines the challenges in managing IT teams at Verestro
Here we present the latest article by Michał Maciąg, Head of IT at Verestro: "Challenges of Product Teams". The second publication on IT teams in our c...ompany addresses managerial challenges and the ways to deal with them. Feel invited to read the article on LinkedIn: click.expand
17.07.2023
Verestro is now a corporate member of the Crypto Valley Association
We are proud to announce that we have become a member of the Crypto Valley Association - a global network of prof...essionals, startups, corporations and investors that are part of the world’s leading blockchain ecosystem. We want to lead innovation in Embedded Crypto solutions and are open to cooperate with crypto companies, banks and fintechs worldwide. Verestro has been featured on the official LinkedIn page of the Crypto Valley Association here.expand
30.06.2023
AI Assistant in the Verestro Developer Zone
Feel free to use our virtual assistant on the Developer Zone website! We have used artificial intelligence... to extract knowledge from Verestro's technical documentation. Our AI Assistant will answer questions related to our products and ways of integration. The answers provided include useful links to the relevant Developer Zone pages.expand
28.06.2023
Bank-as-a-Service solutions
Verestro presents solutions for banks and other financial institutions interested in implementing Bank-as-a-Service. Our all-in-one platform makes the launch process fo...r new products quick and easy. Read more.expand
13.06.2023
Mastercard Carbon Footprint Calculator in the Quicko Wallet application
We are pleased to announce the launch of the Mastercard Carbon Footprint Calculator in the... payment application of our partner, Quicko. The new feature can be found in Quicko Wallet under Mastercard card transaction history. The aim of providing carbon footprint data and insights is to educate customers about the impact of their purchasing decisions on climate change. Read more: finextra.com, paymentexpert.com.expand
31.05.2023
Let us present Embedded Crypto solutions from Verestro in our LinkedIn article
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08.05.2023
Enjoy listening to a podcast featuring Krzysztof Drzyzga, CEO of Verestro on Growthbase.pl (PL). Learn about Verestro's strategy, key challenges in IT business development and other business activities.
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13.04.2023
How do we structure teams at Verestro? Michał Maciąg, Head of IT presents product teams in his LinkedIn article "On Product Teams"
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31.03.2023
At Verestro, we develop products which meet the needs of our business clients. Damian Marzec, Head of Product, writes about the culture of collaboration in his article "Collaboration - Key to Engineering Success"
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14.03.2023
Interview with Krzysztof Drzyzga on the success of contactless payments in Poland
Our CEO was responsible for the implementation of the first Mastercard projects with contactless technology. Read about it in the latest interview for Cashless ..."https://www.cashless.pl/13319-krzysztof-drzyzga-karty-zblizeniowe-15-lat" target="_blank">here (PL).expand
10.03.2023
At Verestro, we care about employees' wellness in many ways. Katarzyna Drzyzga, Head of HR and Administration, elaborates on this in her article "Top Tips to Support Employees' Wellbeing"
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23.01.2023
Verestro on the list of featured Google Pay partners
Verestro has been featured on the official list of Google Pay Partners. ...Google Pay partners with us to ensure a seamless integration.expand
12.01.2023
Key Success Factors in Embedded Finance Projects by Krzysztof Drzyzga, Verestro CEO
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09.01.2023
An interview with Krzysztof Drzyzga
How does Krzysztof Drzyzga (Verestro CEO) inspire others? Let's find out in an interview conducted by WP2 Investments. Please feel free to read the first part of the interview - Intervi...ew with Krzysztof Drzyzga of Verestro - Part 1.
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02.01.2023
Implementation of the Verestro Business Control solution by Sparados
We are proud to announce that Sparados, a new Polish fintech, has implemented our product designed to issue virtual payment cards for ...employees and manage corporate expenses. The Sparados App is now available on the App Store and Google Play. Let us thank the Sparados team for a successful cooperation!expand
24.09.2022
Welcome to our Developer Zone
We officially announce that we have opened our Developer Zone! It is an open platform for developers with always up-to-date documentation and all descriptions you need like tips and tri...cks, good practices and use cases. How to implement and maintain card issuing, contactless payments or loyalty programs? Our Developer Zone is a treasure trove of knowledge that will answer all these questions.expand
04.05.2022
New Tokanization project in Bulgaria
We have just finished the Apple Pay/Google Pay project with Bulgarian bank UBB! We implemented our Token Management Platform for Mastercard and Visa cards....expand
24.03.2022
First implementation in Africa
As Verestro we are happy to announce that we have launched NFC payments with DTB bank app in Kenya....expand
04.03.2022
Mastercard names Verestro top global Mastercard Send partner
Mastercard just named Polish fintech Verestro one of only 16 top Mastercard Send partners in the world. Verestro is ready with both global money transfer systems: Mastercard Send and Vi...sa Direct. Mastercard Send is a money transfer service that allows real time payments; both domestic and cross border. Mastercard points out that both the solution and the program itself are tools that help partners bring technology and innovation to customers around the world.
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31.01.2022
We are certified!
We are proud to announce, we have been granted a security evaluation certificate for our Software Development Kit (SDK) for our main VCP product – contactless payments. The certificate ...you may check here: Click.expand
17.11.2021
New investor - WP2
We are pleased to announce that WP2 Investments Sp. z o.o. has joined Verestro's shareholders. "We are looking forward to working with t...he new investor, and to the new business development initiatives that we will pursue together" - says Krzysztof Drzyzga, CEO of Verestro. expand
15.11.2021
Interview with our CEO
"Polish fintech quietly conquers the world" - an interview with our CEO, Krzysztof Drzyzga. Read here about the fintech industry,... its nearest future and challenges.expand
07.10.2021
Verestro has become a shareholder of the sports-tech company - Sportigio!
Sportigio provides software for sports clubs, leagues and federations. The mission of the Company is to increase the engagement of sports fans and to monetize and streamline the digital... activities of professional organizations. Through this partnership, Verestro will provide organizational support for Sportigio's growth, and Sportigio will use Verestro payment solutions in it's innovative projects.
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30.08.2021
NFC implementation in Thailand!
ShopeePay - it is a very popular e-wallet in Thailand. We are proud to provide the MDES solution to the client's app and wanna thank ShopeePay team for the successful cooperation!<...br />
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05.08.2021
eKYC with Verestro!
New cornerstone in Verestro! Our offer was extended by the eKYC solution! We give our clients a cyber-safe tool to identify their customers. First implementation available soo...n. expand
28.06.2021
Golden Arrow award for Verestro!
We are the winners… of Golden Arrow! The program “Bezcenne chwile” was awarded in the "loyalty program" category.
More info: Clic...k.expand
More info: Clic...k.expand
31.05.2021
10 year anniversary of Verestro SA
10 years ago Verestro started as uPaid z o.o., had 5 employees and enabled remote pre-paid phone top-ups. The main point in the history of the company was the signing of a framework agr...eement with Mastercard, first for the Mastercard Mobile programme and then for Masterpass. Verestro successively developed services such as P2P transfers, loyalty programmes (e.g. Priceless Moments), QR payments and NFC HCE (Google Pay, Apple Pay, MDES). The most important moment iof the Company's development was the Mastercard investment in 2020. This allowed Verestro to hit the big blue. Today Verestro implements projects on 5 continents, opens another, the sixth foreign office, this time in Argentina. Currently the company is preparing to take the IPO, has expanded its offer with virtual card issuing with eKYC, and together with scientists from the Nicolaus Copernicus University in Toruń is conducting intensive research on QR remote payments.expand
02.12.2020
Announcement for shareholders: The fifth call for submit share documents to the company
In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
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In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
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13.11.2020
Announcement for shareholders: The fourth call for submit share documents to the company
In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.expand
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.expand
28.10.2020
Announcement for shareholders: The third call for submit share documents to the company
In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
expand
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
expand
07.10.2020
Announcement for shareholders: The second call for submit share documents to the company
In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.expand
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.expand
22.09.2020
Announcement for shareholders:The first call for submit share documents to the company
In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
expand
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
expand
17.09.2020
Mastercard invests in fintech Verestro
Warsaw, 6th July 2020 – Mastercard announced its investment in the Polish fintech company Verestro SA (formerly uPaid LLC). The company, with headquarters in Warsaw and offices in Sofia..., New York and Sao Paulo, has been providing payment solutions to banks, merchants and payment providers on four continents for 10 years. Today’s news extends Mastercard’s support of the dynamic fintech industry and solutions that help customers optimize payments technologies.
Verestro specializes in the development, integration and management of APIs for banks and fintech partners, incl.: NFC, HCE, QR and person-to-person payments, loyalty solutions, virtual cards or card and expense management. The company’s solutions are already present in more than 20 markets, and 85% of its revenues are generated from activities in foreign markets, such as Central and Eastern Europe, The Balkans, The Middle East, USA and South-East Asia.
Mastercard has been cooperating with Verestro since 2011. Verestro is a longtime partner to Mastercard Engage program. In addition to the investment, Mastercard will also support the relationship through introductions and access to financial and retail partners around the world. This will help Verestro scale its operations on foreign markets much faster.
“Poland is an advanced market when it comes to the development of cashless payments. This makes our country an excellent candidate for the regional fintech hub, where promising payment companies develop, with the potential for international growth. At Mastercard, we strongly believe in this success, which is why we support companies such as Polish Payment Standard, operator of BLIK, or Verestro. In recent years I have had the opportunity to observe Verestro’s development up close. I am convinced that there are more spectacular business projects ahead of this venture. I am glad that we can contribute to its further, international growth" – says Bartosz Ciołkowski, General Manager for Poland, Czech Republic and Slovakia at Mastercard Europe.
“For us this is not only a great honor but also an accomplishment, for which we have worked hard for the last 5 years. We owe a lot to Mastercard: our first business project, world-class technology and global presence that allows us to establish partnerships being based in Sao Paulo, Warsaw and Singapore” – says Krzysztof Drzyzga, CEO of Verestro. “The recent renaming is a part of our company’s development. ‘Verestro’ (Epo: vere estro; ‘true leader’) comes from Esperanto, the world’s most widely spoken international auxiliary language, created by a Pole, Ludwik Zamenhof. This name fits perfectly with our thinking about the roots and the future of our company – we are a leader deriving from Poland that provides solutions working all over the world” – adds Drzyzga.
“By investing in the then uPaid and getting personally involved in the company, I expected its international development and investment from a significant financial sector player. Now, we have a strong organic growth in 20 more countries around the world and we are planning IPOs in a foreign market within a year” – said Cezary Smorszczewski, investor and the head of Verestro’s supervisory board.
“Outside Europe, we are strongly committed to acquiring new customers in the USA, South America and South-East Asia. We have already started projects there and we have a very good reputation. All this makes us look into new locations for our operation; as we want to be closer to our clients and partners we are planning offices in Dubai and Singapore” – adds Tomasz Kupka, the Head of Sales at Verestro.
Mastercard is a partner of choice for fintechs and only in Poland the company has engaged in cooperation with such companies as BLIK, ZEN, Twisto, Aion, DiPocket or Trevica (currently Mastercard Payment Transaction Services). Mastercard is also one of the founders of The Heart, a business cooperation platform based in Warsaw, which helps startups establish partnerships with corporations. Within The Heart Ventures startups are built “from scratch”, in response to the demand of the big players. Within Accelerate platform, Mastercard gives fintechs the opportunity to obtain financing, use their product licenses or establish contacts with trusted technology partners.
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Verestro specializes in the development, integration and management of APIs for banks and fintech partners, incl.: NFC, HCE, QR and person-to-person payments, loyalty solutions, virtual cards or card and expense management. The company’s solutions are already present in more than 20 markets, and 85% of its revenues are generated from activities in foreign markets, such as Central and Eastern Europe, The Balkans, The Middle East, USA and South-East Asia.
Mastercard has been cooperating with Verestro since 2011. Verestro is a longtime partner to Mastercard Engage program. In addition to the investment, Mastercard will also support the relationship through introductions and access to financial and retail partners around the world. This will help Verestro scale its operations on foreign markets much faster.
“Poland is an advanced market when it comes to the development of cashless payments. This makes our country an excellent candidate for the regional fintech hub, where promising payment companies develop, with the potential for international growth. At Mastercard, we strongly believe in this success, which is why we support companies such as Polish Payment Standard, operator of BLIK, or Verestro. In recent years I have had the opportunity to observe Verestro’s development up close. I am convinced that there are more spectacular business projects ahead of this venture. I am glad that we can contribute to its further, international growth" – says Bartosz Ciołkowski, General Manager for Poland, Czech Republic and Slovakia at Mastercard Europe.
“For us this is not only a great honor but also an accomplishment, for which we have worked hard for the last 5 years. We owe a lot to Mastercard: our first business project, world-class technology and global presence that allows us to establish partnerships being based in Sao Paulo, Warsaw and Singapore” – says Krzysztof Drzyzga, CEO of Verestro. “The recent renaming is a part of our company’s development. ‘Verestro’ (Epo: vere estro; ‘true leader’) comes from Esperanto, the world’s most widely spoken international auxiliary language, created by a Pole, Ludwik Zamenhof. This name fits perfectly with our thinking about the roots and the future of our company – we are a leader deriving from Poland that provides solutions working all over the world” – adds Drzyzga.
“By investing in the then uPaid and getting personally involved in the company, I expected its international development and investment from a significant financial sector player. Now, we have a strong organic growth in 20 more countries around the world and we are planning IPOs in a foreign market within a year” – said Cezary Smorszczewski, investor and the head of Verestro’s supervisory board.
“Outside Europe, we are strongly committed to acquiring new customers in the USA, South America and South-East Asia. We have already started projects there and we have a very good reputation. All this makes us look into new locations for our operation; as we want to be closer to our clients and partners we are planning offices in Dubai and Singapore” – adds Tomasz Kupka, the Head of Sales at Verestro.
Mastercard is a partner of choice for fintechs and only in Poland the company has engaged in cooperation with such companies as BLIK, ZEN, Twisto, Aion, DiPocket or Trevica (currently Mastercard Payment Transaction Services). Mastercard is also one of the founders of The Heart, a business cooperation platform based in Warsaw, which helps startups establish partnerships with corporations. Within The Heart Ventures startups are built “from scratch”, in response to the demand of the big players. Within Accelerate platform, Mastercard gives fintechs the opportunity to obtain financing, use their product licenses or establish contacts with trusted technology partners.
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07.07.2020
uPaid starts rebranding
We are preparing for one of the biggest changes yet. Soon uPaid will be replaced by Verestro. Our new company name "Verestro "(Epo: vere estro; ‘true leader’) comes from Esperanto, the ...world’s most widely spoken international auxiliary language, created by a Pole, Ludwik Zamenhof. This name fits perfectly with our thinking about the roots and the future of our company – we are a leader deriving from Poland that provides solutions working all over the world.expand
Verestro
Providing innovative payment solutions since 2011
Experienced partner to banks, merchants, fin-techs, payment providers
Closely cooperating with both Mastercard and Visa
Platinum Status Digital Vendor to Mastercard Directory for Digital Vendors
Present with projects in over 30 international markets and 5 continents
Hiring over 120 professionals with HQ in Warsaw, Poland and incorporated in New York, USA, Sao Paulo, Brasil and Sofia, Bulgaria
Providing local presence via multiple partnerships across the world
Processing platform with direct connection to Mastercard authorization and clearing network
Payment Card Industry Data Security Standard Level 1 certification
Realizations
Sparados Expense Management Platform
The Verestro Business Control Solution implemented by Sparados
The Polish startup Sparados uses Verestro's Business Control solution to provide a smart expense management platform for companies in Poland and Europe. Sparados' clients manage and optimize corporate expenses by navigating the client dashboard, while their employees use virtual cards in the Sparados app. Corporate Mastercard cards can be issued in seconds and easily added to Apple Pay and Google Pay. Finance teams can benefit from full spending visibility and streamlined workflows. Business owners and managers can set card limits, track spending in real time, and make better decisions to control costs.
Business Expense Management
Corporate card issuance
Virtual cards in the mobile application
NFC and eCommerce payments
Google Pay and Apple Pay
Full control and spending visibility
White Label Application
Web portal - client dashboard
Easy integration - iOS and Android SDKs
The Verestro Business Control solution for Iris Neofinanciera
Verestro's Business Expense Management solutions implemented by Iris Neofinanciera, Colombia's first neobank for SMEs
Iris Neofinanciera has implemented Verestro’s Business Control solution. With IrisCard, the bank is going to help entrepreneurs optimize, manage and control business expenses. Verestro enabled Iris to issue prepaid cards that will allow national and international transactions on the Mastercard network. Bank’s clients can quickly and easily generate virtual cards for their employees and manage their corporate spend effectively.
Business Expense Management
Corporate card issuing
Mastercard cards for employees
Corporate virtual cards in the mobile application
Spend rules and limits for streamlined payments
Real-time corporate spend tracking
Carbon Footprint Calculator for Quicko
Implementation of the Mastercard Carbon Footprint Calculator into Quicko Wallet
The Verestro Carbon Calculator API has been implemented into the payment application of our partner, Quicko. Integrating the API into the Quicko Wallet application enabled users to calculate the carbon footprint of their transactions. The Verestro Carbon Calculator API integrates with Mastercard's API. Together with Mastercard, we provide a valuable tool for promoting sustainability and reducing their carbon emissions.
Sustainability focus
Carbon footprint of financial transactions
Verestro Carbon Calculator API
API integration into existing workflows
Simple interface
Easy-to-understand results
Apple Pay for Bank of Jordan
Apple Pay integration for Bank of Jordan
Verestro's Token Management Platform enabled BOJ to easily implement and manage the whole tokenization process. Thanks to this solution, tokens can be managed with the Apple Pay token requestor.
Integration with Token Requestor (Apple Pay)
Integration with MDES Pre-digitization and MDES Customer Service API
Token lifecycle management
Admin panel
Manual and In-app provisioning
Full coverage of Apple mandatory requirements and certifications
Fenige Card2Card
Fenige - international card-to-card money transfers
Users of Fenige services such as Send4.me can make money transfers to payment cards around the world at attractive terms. Money transfers are usually processed within seconds - although the exact processing time depends on the bank that issued the recipient's card.
Money Transfers
Quick implementation
API & SDK ready to use
Card2Card
White label available
Cost efficient
Quicko Wallet
Quicko Wallet - a multifunctional e-wallet for individual customers
A registered user of Quicko Wallet can use Mastercard cards to pay online and in store using Apple Pay and Google Pay. You can also send transfers to payment cards worldwide, launch QR payments, etc. Check it out: quickowallet.com.
Mobile App
Google Pay & Apple Pay
Money Transfers
24/7 Customer Support
MDES NFC Payments
PCI DSS Certification
MACS Project
MACS - a technologically advanced business solution
MACS allows Mastercard users to benefit from lounges and fast tracks at available airports in Europe. The solution is based on a user friendly admin panel which provides the option to manage rules, export reports or check card enrollments.
Loyalty program
Benefits on airpots
MACS engine
Admin panel
POS integration
MRS integration
DTB Kenya
MDES payment for bank application - DTB Kenya.
NFC HCE SDK Integrated with client's application
MDES MCBP 2,1
PCI DSS certificate
MDES functional and safety certification
NFC HCE MDES
Admin panel
Donate Italy
Payment widget
The Donate widget is a solution that allows you to quickly launch a fundraising campaign, e.g. for charities.The widget supports integration with an acquirer and provides a payment gateway.
Payment gateway
Monitoring
Customized UI
3DS secure
BRD Bank - Groupe Société Générale
Google Pay and Apple Pay integration for Romanian bank
Google Pay card tokenization
Apple Pay card tokenization
Certifications
Admin panel
24/7 customer service under SLA
PCI DSS certificate
Mastercard and Visa cards
United Bulgarian Bank
Google Pay and Apple Pay integration for Bulgarian bank
Google Pay card tokenization
Apple Pay card tokenization
Certifications
Admin Panel
24/7 customer service under SLA
PCI DSS certificate
Mastercard and Visa cards
ShopeePay
MDES payment for fin-tech application - ShopeePay.
NFC HCE SDK Integrated with client's application
MDES MCBP 2,1
PCI DSS certificate
MDES functional and safety certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under the SLA
Hipotekarna BANKA
MDES payment for Hipotekarna BANKA
NFC HCE SDK Integrated with mobile banking application
MDES SDK Integrated with mobile banking application
MDES MCBP 1.0
PCI DSS certification
MDES security and functional certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under SLA
Donate widget
"Click to pay" button.
Embedded widget and a JavaScript SDK for websites
Integrated with MPGS Hosted Session
Integrated with Goodworld Mastercard APIs
Integrated with Click to pay
Priceless Specials Poland
Loyalty program for Mastercard Poland
MRS Web Services v2.0 integration
Personalized Offers integration
Advanced extension for rewards catalog system
Priceless Specials SDK integrated with internet banking
PCI DSS certificate
Private cloud hosting
24/7 customer service under SLA
GoPay - mobile tickets
Convenient purchase of public transport tickets in Poland. Buy any number of tickets and activate the ticket when you need it. One-time and season tickets.
Transaction panel
Public transport tickets
Tickets to swimming pools
Admin panel
Applications tailored to the individual needs of cities
Fidor Bank - NFC payment
Contactless payments in the Fidor bank application
NFC HCE SDK Integrated with mobile banking application
MDES SDK integrated with the mobile banking application
MDES MCBP 1.0
PCI DSS certificate
MDES functional and safety certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under the SLA
OTP Bank
Contactless payments in the OTP Bank application
NFC HCE SDK Integrated with mobile banking application
MDES SDK integrated with the mobile banking application
MDES MCBP 1.0
PCI DSS certificate
MDES functional and safety certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under the SLA
Komercijalna Banka AD Skopje from Republic of North Macedonia
NFC MDES payments in Komercijalna Banka application
Standalone whitelabel solution
MDES MCBP 1.0
PCI DSS certificate
MDES functional and safety certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under the SLA
NFC application for MKB Bank
Mobile application with NFC payment module (MDES)
Standalone solution - whitelabel
MDES MCBP 1.0
PCI DSS certification
MDES security and functional certification
NFC HCE MDES
Admin panel
Private cloud hosting
24/7 customer service under SLA
E-commerce payment - Opener Fest
Mobile payment in the app
M-commerce payments
Admin panel
PCI DSS certificate
24/7 customer service under the SLA
