Tech

SWIFT Go is gaining momentum as more than 100 banks sign up for services that enhance payments for small businesses and consumers

Quick Today, we announced that 100 banks around the world have registered with SWIFT Go since it went live in July. This underscores the strong demand for services that allow SMEs and consumers to send fast, predictable, secure, competitively priced, low-cost cross-border services. Payment from their bank account. Already 10 banks have partnered with SWIFT Go, most recently Deutsche Bank, JP Morgan Chase and China Minsheng Bank, which is equivalent to 41 million low cross-border payments annually.

SWIFT Go is a key component of Cooperative’s strategy to enable instant, frictionless transactions across a network of over 11,000 institutions and 4 billion accounts in 200 countries. And it has the potential to make a difference in enabling greater financial inclusion and helping SMEs in emerging economies and individuals sending money internationally.

The service leverages SWIFT gpi’s high-speed rail, which has transformed the speed and predictability of high-value cross-border payments, to enable banks to serve customers in the high-growth SME and consumer segments. Strengthen. Payments sent via SWIFT Go are fast and complete in seconds. It’s safe, predictable, and proactively transparent about pricing.

Stephen Guilderdale, Chief Product Officer, Quick “SWIFT Go has been enthusiastically accepted by financial institutions and their customers since its launch to transform the way SMEs and consumers make cross-border payments through the banking system. When integrated into the customer channel, it provides a best-in-class user experience with fast, predictable and competitive prices. There is a clear demand for the benefits it enables, and we are advancing our strategy while advancing our strategy. We look forward to working with the community to further expand SWIFT Go. “



SWIFT Go is gaining momentum as more than 100 banks sign up for services that enhance payments for small businesses and consumers

Source link SWIFT Go is gaining momentum as more than 100 banks sign up for services that enhance payments for small businesses and consumers

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