Nexpay

What Is Nexpay?

Nexpay is a business banking infrastructure platform operated by UAB Nexpay, an Electronic Money Institution licensed by the Bank of Lithuania. It provides businesses with dedicated IBANs for managing payments and supports SEPA, SEPA Instant, and SWIFT transfers.

Businesses can also use Nexpay’s REST API with a sandbox environment to integrate payment functions into their own systems and automate payment workflows. This helps companies connect Nexpay with their existing payment operations while reducing manual processing.

The platform also offers multilogin, multisig, and bulk payment capabilities, helping businesses manage payment operations through a mobile-friendly, all-in-one platform. Customers also have access to a personal account manager for ongoing support.

What Is Nexpay Best For?

Nexpay’s standout feature is its 'Multisig' function, which requires approval from multiple authorized users before a transaction can be processed. This adds an extra layer of control by preventing a single individual from moving funds or accessing accounts alone. It can be particularly useful for businesses where payment approvals need to be shared among multiple team members or stakeholders.

How Much Does Nexpay Cost?

Nexpay pricing starts at €200–€400/month for the Basic+ plan, whereas other tiers are priced as follows:

• Premium: Stars from €1,250–€1,450/month
• Enterprise: Custom pricing

Every plan includes a free account balance fee as well. Onboarding costs apply separately across all tiers, including:

• Document Processing: €500
• Account Opening: €1,000
• Priority Onboarding: €1,000

The following are additional costs:

• SEPA And SEPA Instant Payments: $1.75–$1.80 + 0.15%/transaction - Covers incoming and outgoing SEPA and SEPA Instant transfers under standard pricing
• SWIFT Payments: 0.4%, with a minimum of approximately $58/transaction - Applies to incoming and outgoing international SWIFT transfers, with the minimum fee making this more relevant for larger-value payments
• Foreign Exchange (FX): 0.5%, with a minimum of approximately $58/transaction - Covers currency conversion when businesses need to exchange funds between supported currencies
• API Integration And Multiuser Access: $1,160 (one-time) for API integration + approximately $6 + VAT for multiuser functionality - Supports API connectivity with business systems and additional user access for teams managing payment operations

Disclaimer: The pricing is subject to change.

Nexpay Integrations

The vendor has not listed any available third-party integrations for this software.

How Does Nexpay Work?

Here's how you can get started with the software after logging in:

• Navigate the dashboard to view your accounts, balances, and payment activity
• Manage dedicated IBANs for receiving and sending business payments
• Initiate SEPA, SEPA Instant, or SWIFT transfers from your account
• Add team members through the Multilogin feature
• Set up Multisig approval requirements for transactions that need multiple authorized users
• Process multiple payments at once using bulk payment capabilities
• Connect Nexpay’s REST API to existing systems and use the sandbox environment to test payment workflows
• Contact your personal account manager for assistance with account or payment-related queries

Who Is Nexpay For?

Nexpay software serves businesses across a range of industries, including:

• Crypto companies
• Payment service providers
• Gambling and betting
• IT & software development
• Marketing and advertising agencies
• Legal and consulting agencies

Nexpay Use Cases

Based on our analysis of Nexpay's capabilities, we have identified key scenarios where the platform is commonly used:

Managing Fiat Payments For Crypto Operations

Crypto exchanges and other digital asset businesses may need to move funds between cryptocurrency and traditional currencies while keeping fiat payment operations separate from their core crypto activities. Nexpay’s dedicated IBANs and payment infrastructure can support these operations by providing accounts for managing business payments. Its SEPA, SEPA Instant, and SWIFT payment capabilities can also support transfers across different payment networks.

Handling Cross-Border Payment Flows

Payment service providers managing transactions across countries may need to handle multiple payment flows while coordinating incoming and outgoing funds. Nexpay’s dedicated IBANs, SEPA and SEPA Instant transfers, and SWIFT payments provide the infrastructure for managing these transactions. PSPs can also use bulk payments to process multiple transfers together when handling payments for their clients.

Processing High-Volume User Payouts

Gambling and betting platforms may need to process frequent payouts to users while maintaining control over who can authorize transactions. Nexpay’s bulk payment capabilities can help businesses process multiple payments at once, while Multisig can require approval from multiple authorized parties before transactions are processed. This creates a workflow where payouts can be handled in batches without allowing a single user to move funds independently.

Managing Global Client And Contractor Payments

Marketing agencies working with clients, contractors, and media partners across different countries may need to receive client payments and send funds to multiple external parties. Nexpay’s dedicated IBANs can be used to receive payments, while SEPA, SEPA Instant, and SWIFT support outgoing transfers through different payment networks. Bulk payments can also help agencies handle multiple contractor or partner payments together.

Is Nexpay Right For You?

Are you looking for a banking partner built specifically for digital businesses that traditional banks often turn away? Nexpay operates as a licensed Electronic Money Institution under the Bank of Lithuania, giving it the regulatory standing to serve payment providers, software firms, agencies, and consultancies working across borders.

The platform runs on TLS 1.3+ encryption in transit and AES-256 encryption at rest, backed by an information security program aligned with the NIST Cybersecurity Framework and the EU's Digital Operational Resilience Act.

Still not sure if Nexpay is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision.