Moneycorp Americas is expanding its payments capabilities in the country
PROVIDENCE, RI–(BUSINESS WIRE)–Moneycorp Americas, a leading provider of global payments and currency risk management solutions, has expanded its payments capabilities in the country by providing access to alternative payment methods in Asia Pacific , Latin America and Africa. This fortified infrastructure will extend to hard-to-reach jurisdictions where full the value of payments can be received in less than an hour.
Driven by robust APIs, these payment rails are not part of the traditional SWIFT network historically used by payment providers. Thus, increasing transparency, eliminating correspondent bank fees and improving the speed of delivery to the final beneficiary.
“Hard-to-access jurisdictions have long been one of the industry’s unique challenges,” said Bob Dowd, managing director of Moneycorp Americas. “In addition to access, barriers have traditionally included cost, speed, security and transparency – which we aim to address with our technology and digital solutions.”
He added, “For our partners, the ability to provide these solutions to their customers is particularly important as it eliminates lifting costs, reduces delays and ultimately provides our partner’s customers with a better service experience.
These expanded offerings mean that Moneycorp can offer its partners an avenue for growth. In a complex and ever-changing industry, Moneycorp stays ahead of the game to simplify and secure B2B and B2C transactions with reinvented, technology-enabled payment solutions.
“The rapid acceleration of remote work and digital infrastructure in the global business landscape has driven a dramatic need for innovative payment rails that are fast, reliable and cost effective,” said Joey Frasier, CEO of Continuation of work. “These expanded payment capabilities offered by Moneycorp enable us to provide our customers with the ultimate cross-border payment experience. By eliminating some of these long-standing pain points from the past, our customers are assured that they receive their full payments on time, every time.
This solution will allow our customers and partners to confidently expand their service offerings into new global markets. For more information, visit www.moneycorp.com.
About Moneycorp Americas
Moneycorp is a global provider of payment services for banks, businesses and consumers. Tens of thousands of customers and partners around the world trust Moneycorp for its reliable service and cutting-edge technology. Constantly at the forefront of the market, Moneycorp is focused on creating a balance between shaping the future of the payments industry and building meaningful relationships. At Moneycorp, we are committed to helping our customers navigate the complex world of global payments. Visit www.moneycorp.com to learn more.