Through the license, Novatti could offer its PayxCrypto solution to merchants once it’s fully developed.

Novatti Group, a top player in the payment solutions fintech industry and one of Ripple’s partners, has accomplished a major feat, as its subsidiary Novatti Acquiring Services (NZ) Limited was granted a merchant acquiring license by New Zealand, placing it among one of the exclusive non-bank acquiring providers in the nation.

(By ALBERT BROWN)