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Cloudwalk Launches Infinitebank and Aims to Go Beyond Banking

CLOUDWALK-LAUNCHES-INFINITEBANK-AND-AIMS-TO-GO-BEYOND-BANKING

CloudWalk is thrilled to announce a new market positioning for InfinitePay. With InfiniteBank, the company will now offer a full range of banking and payment solutions to more than 300,000 small medium size businesses in Brazil.

SMBs will now have access to InfiniteCard – cards on demand that enable financial automation according to the needs of each business. Furthermore, the card has a 1.5% cashback on every purchase – the best in Brazil, without restrictions or rules. InfiniteCard can also be connected to Google Pay and Apple Pay.

Another new product, InfiniteTap, powered by Tap to Phone technology, turns Android NFC enabled smartphones into POS machines, allowing businesses to accept payments from any contactless card or mobile wallet right from their device.

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Presenting solutions that allow decentralized access to banking services through its own blockchain, such as a stablecoin, BRLC (Brazilian Digital Real), InfinitePay has also introduced InfiniteCash, which enables quick loans via smart contracts over the Defi protocol. Loans are calculated and collected based on the receivables of the customer. With this feature, Brazilian entrepreneurs can now access an automated platform, without financial intermediaries.

Also Read: Elliptic Labs and HONOR Announce HONOR 80 Series Smartphone Launch

So, to establish the evolution of the company, it was necessary for the InfinitePay brand to undergo a redesign in order to reflect its new positioning in the market.

BEYOND THE BANK

With InfinitePay’s new solutions and deep understanding of businesses, sellers are better able to manage sales. Moreover, the money from sales will be deposited directly into customers’ free accounts.

As a main partner for small and medium-sized businesses, InfinitePay offers clients full control over their business, via an app, or a web dashboard.

SOURCE: PR Newswire