Wirecapital
- Founded
- 2011-01-01 in Nicosia, Cyprus
- Headquarters
- Nicosia, Cyprus
- partner@wire.capital
- Phone
- +7 812 309 8735
Wirecapital is a European payment service provider founded in 2011 and headquartered in Nicosia, Cyprus. The company specialises in tailored payment processing solutions for e-commerce, high-risk industries, and iGaming. Its core platform is a PCI DSS Level 1-certified web-based processing system that handles e-billing, online banking, and multi-currency transactions. Wirecapital is an officially registered payment agent of VISA and MasterCard and achieved its PCI certification in a record 35 days. The anti-fraud system can process over 100,000 transactions per second in real time. With branch offices in Russia and Israel, the company serves a global merchant base, offering card processing, IBANs, open banking, and high-risk payment acceptance. It employs a lean team of 11 to 50 people and positions itself as a technology partner delivering secure and scalable payment infrastructure.
Detailed Review
History and Founding
Wirecapital was founded in 2011 in Nicosia, Cyprus, by a team of technical and financial specialists with deep experience in payment processing. The company quickly focused on high-risk merchant segments, including iGaming, where traditional acquirers are often reluctant to provide service. Its early achievement of PCI DSS Level 1 certification in just 35 days set an industry record and underscored its security-first approach.
Business Model and Revenue
Wirecapital operates as a multi-bank payment processing centre, earning revenue through transaction fees, settlement services, and custom integration projects. By acting as a registered VISA and MasterCard payment agent, it can offer acquiring and settlement directly to high-risk merchants that might otherwise be declined by mainstream processors. The company also generates income from its SaaS billing solutions and open banking connectivity.
Technology and Compliance
The company's proprietary processing platform is PCI DSS Level 1 certified and uses SSL encryption for all data transmissions. Its anti-fraud enterprise system employs machine learning to analyse over 100,000 transactions per second in real time, providing a critical layer of protection for high-volume merchants. Wirecapital's open API architecture allows rapid multi-currency payment integration via the Wirecapital Business API, which includes sandbox and production environments.
Products and Services
Key products include the Wirecapital Business API for multi-currency payment processing, a fully certified PCI DSS Level 1 processing platform for e-billing and online banking, an anti-fraud enterprise system, custom SaaS development for e-commerce billing and corporate information systems, payment agent services for VISA/MasterCard acquiring, and IBAN and open banking services for European markets. These offerings are designed to meet the complex needs of high-risk industries such as iGaming, forex, and adult entertainment.
Market Position and Geographic Focus
Wirecapital primarily targets merchants in Eastern Europe, the CIS, and the Middle East, with branch offices in Russia and Israel complementing its Cyprus headquarters. The company competes with other niche high-risk processors and is distinguished by its rapid PCI certification and real-time fraud detection. While it does not publish client lists or case studies, its boutique structure (11–50 employees) suggests a focus on specialised expertise over mass-market scale.
Recent Developments and Outlook
No significant recent news or M&A activity was publicly available. Wirecapital continues to operate as a privately held entity, maintaining its focus on security, compliance, and customisation for high-risk merchants. Its open banking and IBAN services align with broader European payment trends, positioning it for continued relevance in the evolving PSP landscape.
Key Products
Wirecapital Business API
RESTful API for multi-currency payment processing with sandbox and production environments, supporting VISA, MasterCard, and other card schemes.
Anti-Fraud Enterprise System
Real-time fraud detection and prevention using machine learning, capable of processing over 100,000 transactions per second.
Payment Agent Services
Registered VISA/MasterCard agent providing merchant acquiring, settlement, and high-risk payment processing.
PCI DSS Level 1 Processing Platform
Fully certified web-based processing system handling e-billing, online banking, and real-time transactions.
Custom SaaS Development
Tailored solutions for e-commerce billing, corporate information systems, and payment integration.
IBAN and Open Banking Services
European IBAN issuance and open banking connectivity for alternative payment methods.
Offices & Headcount
30 employees (approx.)