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M e x M o n e y

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Save up to 30%* on our Merchant Card Processing.

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Dear Customer, We have launched AI powered KYC & KYB facility for New customer account opening.

Embed payments into your platform and experiences.

Put payments at the heart of what you do. Embed access to UK, EU and card payment schemes within your platform, workflows and customer experiences. 

Customize account flows

Open unlimited accounts, with sort codes or Euro IBANs. Segregate paid-in funds by debtor or payment type, to make reconciliation faster and less manual.

Automate payment processing

Set rules to trigger splits, sweeps and notifications when you receive funds. Move money between accounts, pay out quickly and control your working capital.

Access multiple payment methods

Mex Money accounts support Direct Debit collections and receipt of push payment via UK payment schemes and SEPA. With new payment schemes constantly added.

Reduced fraud & chargebacks

Card payments are susceptible to fraud but with Open Banking payments, customers authenticate directly with their bank using SCA. That means no more chargebacks and chargeback fees.

Reduce your costs

Mex Money is the cost-effective way to launch payment services. Save on compliance costs. Save on upfront build costs. Save on ongoing operational and tech maintenance costs.

Automate your service

Automate treasury management including processing received funds and reconciliation. With real time payment notifications. For more efficient cash management.

Authorised, regulated and secure

Mex Money, a distributor of Modulr of whom is authorized and regulated by the FCA as an Electronic Money Institution (FRN: 900573). We can issue accounts with sort codes and Euro IBANs. Our accounts access existing payments services – Bacs, CHAPS, Faster Payments, SEPA, Visa and Mastercard – so businesses can receive and make payments easily.

As directly connected participants to the Faster Payments and Bacs schemes, we are able to hold and settle funds at the Bank of England, meaning greater reliability and security.

All built on a secure platform with multi-factor authentication, activity observation and regular penetration testing.

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Customized solutions for all your banking needs.

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