Consumers and businesses want better, faster cross-border payments options. Real-time 24x7 services are in demand everywhere, and cross-border is no exception. But traditional correspondent banking is slow, expensive and opaque.
Banks must improve their cross-border services. Alternative cross-border mechanisms–SWIFT gpi, Ripple, Earthport and others-are rapidly gaining traction. If banks do not modernize their legacy services, competitors will close the gap.
VolPay Cross-Border Payments allows banks to realize the opportunities of this fast-growing market, by accessing the full range of cross-border payment clearing and settlement mechanisms, traditional and next-generation.
Read the white paper to learn more about how the world of cross-border clearing and settlement is evolving
VolPay Cross-Border Payments
One solution for all your cross-border payment clearing and settlement needs, from traditional SWIFT correspondent payments to alternative mechanisms.
- To cross-border clearing and settlement mechanisms worldwide
- SWIFT and SWIFT gpi
- Earthport and more
- Develop new omnichannel customer experiences with our rich cross-border payment API library
- Combine cross-border servicing with open banking to expand reach and market share
- Tap into the power of cross-border processing based on DLT (distributed ledger technology)
- Improve international payment straight-through processing (STP) rates
- Lower per-transaction cost and strengthen cross-border payment margins
- Lower cost and risk with VolPay’s fully compliant cross-border message libraries
- Private cloud
- Public cloud
- Hybrid models
Finextra interview with Fiona Hamilton
Watch the video to understand the importance of SWIFT gpi, the technical challenges are around implementing SWIFT gpi, and how Volante can help address these challenges.
VolPay Supports Ripple
Read the press release
The combination of Volante and Ripple greatly simplifies banks' integration with Ripple distributed financial technologies. We view Volante as a critical partner for building Ripple's new real-time, data-rich payments network.
Volante offers interoperable, extensible solutions for a variety of payments needs, all composed of business services from the VolPay ecosystem.
Real-Time / Instant Payments
Bring new real-time 24x7 customer experiences to market, worldwide
Corporate to Bank Automation
Onboard corporate customers faster and win new corporate clients by automating corporate to bank connectivity
Global Clearing Gateways
Accelerate expansion into new markets by connecting to over one hundred global clearing and settlement mechanisms
Modernize your payments infrastructure without replacing legacy payment systems
Unify all your payment processing and orchestration functions in a single service ecosystem
Open Banking and PSD2
Strengthen customer relationships through open banking business models, while complying with PSD2 and similar regulations
Expand your service portfolio with next-generation cross-border payment processing and connectivity
Beneficiary Pay Link
Move from paper to digital by allowing corporations to pay any beneficiary, the way they want to be paid
Accelerated Payments Integration
Speed delivery, and lower the cost and complexity of your payments transformation projects