Payline Financial, ICE Join Forces
Apr 24, 2012
(News Release) VICTORIA — Payline Financial has partnered with International Currency Exchange (ICE) to become Payline by ICE.
The company's growth plans include branching out nationally and adding more local jobs in Victoria, where the headquarters will remain.
Payline by ICE offers secure online foreign exchange services as well as personalized account management for both individuals and corporate clients. They serve industries including international real estate, fisheries, biotechnology, and imports in the furniture, automotive, heavy equipment, equestrian, and aviation sectors.
"Unlike other business models in our industry where growth has been through acquisitions which resulted in job losses locally, the Payline by ICE partnership will create jobs in Victoria," says Payline by ICE president Paul Rechner. "The Payline by ICE partnership means local, national and, down the road, international growth and best-in-class foreign exchange services with access to over 140 currencies."
"Whether you are sending money to a family member living abroad, or looking to buy a vacation property outside of Canada, now you can do it easily and securely online," adds Rechner. "For businesses, why spend your time in bank lineups or dealing with automated phone systems? Our clients monitor, manage, and conduct transactions from the convenience of their home or office 24 hours a day."
Payline Financial began as a B.C.-based Canadian company in 2004 and developed a coast-to-coast Canadian presence, with niche client markets from Victoria to St. John's, Newfoundland.
With over 300 locations worldwide, ICE operates in 20 countries and can be found in more than 65 airports across the globe. With its North American headquarters located in Richmond, ICE has been at the forefront of the foreign exchange industry in Canada for a quarter century, with 70 locations across the country including most major Canadian airports.