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0 0 0 0 0 0.0273224043715847 0.0273224043715847 0.0382513661202186
Stock impact report

RYVYL Licenses its Payment Platform as a Service (“PPaaS”) to a U.S. National Payment Processor

Ryvyl Inc. (RVYL) 
Company Research Source: GlobeNewswire
-Agreement, Leveraging RYVYL’s PPaaS technology will contribute revenue in Q4 2024- SAN DIEGO, CA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, licensed its payment-platform-as-a-service to a U.S. based Licensee that will deploy services nationwide for both Card Present (CP) and Card not present (CNP) transactions. Under the licensing model, RYVYL will earn revenue per transaction. “Leveraging our core technology to build a new high margin revenue stream, we signed an exclusive U.S. license of our private label PPaaS platform, for a niche industry customer base,” said RYVYL Co-founder and CEO Fredi Nisan. “In the third quarter of 2024, we delivered a private label Instance of the product, which the licensing partner will complete API integration to its banking network by the en Show less Read more
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