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ANNOUNCEMENT

QashPay Partners with eXgine to Deliver Automated Real-Time Multi-Currency Processing


QashPay Editor

23 Sept 2025


QashPay Partners with eXgine to Deliver Automated Real-Time Multi-Currency Processing

QashPay, a leading global payments platform, today announced a strategic partnership with eXgine, a UK-based provider of Multi-Currency Processing (MCP) solutions. The collaboration enhances QashPay’s offering by embedding automated real-time foreign exchange execution directly into international transactions — ensuring merchants and customers benefit from a seamless, transparent, and reliable cross-border payment experience.

Automated FX Risk Management

In traditional payment flows, international transactions are often left exposed to fluctuating exchange rates until settlement, creating uncertainty for merchants. Through this partnership, QashPay integrates eXgine’s MCP technology, which automatically hedges FX exposure at the exact moment a card payment is processed. This fully automated system requires no additional action from merchants, allowing them to operate internationally with greater certainty and efficiency

Key benefits include:

  • Automated real-time FX hedging, protecting transactions from volatility without manual intervention.
  • Transparent exchange execution, ensuring predictable settlement outcomes.
  • Seamless integration into QashPay’s existing infrastructure, with no additional technical lift required from merchants.
  • Enhanced back-office tools such as dashboards, transaction history, and reconciliation support
Leadership Commentary
“QashPay is focused on building smarter, simpler solutions for merchants operating in a global marketplace,” said Antony Quaife, CEO of QashPay. “By partnering with eXgine, we’re introducing a powerful layer of automation that removes FX uncertainty from cross-border payments. This allows merchants to focus on growing their business while we handle the complexity behind the scenes.”


Steve Pryor, CEO of eXgine, commented: “Our vision has always been to bring institutional-grade FX technology into the payments space in a way that’s invisible to merchants but hugely impactful to their operations. Partnering with QashPay lets us deliver automated, real-time hedging to a wider audience, transforming how international card transactions are managed.”
About eXgine

eXgine Ltd. is a financial software company specialising in multi-currency processing and payment solutions. With over 70 years of combined experience in the institutional FX sector, eXgine has developed cutting-edge technology that integrates seamlessly into card transactions. Its MCP system delivers automated real-time FX execution, white-label reporting tools, and daily settlements

About QashPay

QashPay is a next-generation payments platform dedicated to simplifying commerce for businesses worldwide. With innovative acquiring, settlement, and risk management solutions, QashPay empowers merchants to scale globally with speed, transparency, and trust.