MiFinity transaction volume surges 130% for another record year

MiFinity revealed it saw volume usage surge over 130% having gone live under 500 brand integrations for the year of 2022. 

This continues momentum for the igaming provider, as it also revealed it doubled its merchant base this year. 

The firm also announced it expanded operations in more than 225 countries with 75 integrated payment methods. This expansion opens up to 17 native currencies supported by 20 different languages in the MiFinity app and desktop. 

The company praised the better facilitating of the pricing of its eVoucher and virtual IBAN, as being integral to growth and enhanced engagement. 

“Our growth over the last two years has put MiFinity firmly on the map and threatens many of the incumbent players in the iGaming payments market,” said MiFinity CEO, Paul Kavanagh. 

Following on from its expansion growth, MiFinity highlighted the developments it has made to its iFrame, enabling customers to top up merchant accounts without the need for the MiFinity app, which the firm announces it will be providing continual innovation next year.

Further developments the firm is eyeing in 2023 includes adding more functionality to MiFinity services with new customer benefits such as referral rewards. 

The payment firm reveals its focus for next year will be to increase customer engagement  and work closely with merchants in the igaming industry to promote sustainable growth. 

Kavanagh added: “It’s been an exciting time integrating numerous high-profile iGaming operators, introducing new services and launching our new MiFinity brand. 

“As we look to 2023, we focus on strengthening our market share, investing in our partners and people, and building on our extensive industry expertise.”