We can provide BaaS for clients in Brazil who wish to set up payment schemes or FinTech operations.
We also can offer solutions to banks and FinTechs in Brazil looing to expand their operations into the US, UK and Europe.
Instant payment schemes across the world are not connected - making international bank transactions slow, costly and inconvenient. Although 54 countries are on RTP (Real Time Payment), none of these are interconnected!
SWIFT daily volume exceeds USD5 Trillion, of which 70% are low value payments, with a high transfer fee and take between 2 and 5 days in transit!
SWIFT was not designed for low value payments or for real-time eCommerce!
Correspondent Banking is antiquated, slow and costly - even more so for small banks.
We can help you interconnect national Real Time Payment Systems, and enable real time "account to account" interoperability across borders.