Cross-Border Payments

Cross Border Payments

Rethinking cross-border payments.

Cost reduction, increased visibility and certainty of international remittances. Further globalization of business is driving the need for banks and businesses to easily transfer money across borders and continents. The current inter-bank, cross-border payment process is confusing and broken with correspondent banks adding many hoops and costs along the way for international payments.

Cross-border payments are therefore expensive, slow and often require manual intervention. In addition, cross-border payments are non-transparent with little or no visibility of timing and costs. Overall, the user experience is poor and banks are seeing an influx of competitors that are competing for cross-border payments with their customers.

Current Inter-bank, Cross-Border Payment Process

null

Fast

Instantaneous transfer

null

Transparency

Costs, time and data transparency

null

Simple User Interface

For bank staff and customers

null

Low-Cost

60-70% reduction in cost

null

Automated

End-to-end straight through, automatic process

null

Liquidity

Reduced need for liquidity in correspondents

nanopay Process

The nanopay platform solves intricacies and challenges of cross-border payments and has superior liquidity management compared to other solutions. nanopay can help banks reinvent their cross-border payment process to make it as simple as sending an email!

nanopay Platform

Find out how nanopay can lower the transaction cost by 60% or more.

color
https://nanopay.net/wp-content/themes/maple/
https://nanopay.net/
#0079AF
style1
paged
Loading posts...
/efs/nanopay-website/
#
on
none
loading
#
Sort Gallery
on
yes
yes
off
off
off