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Banks are now bracing for a 23% increase in instant payments volumes over the next three years. Interoperability interest is high, but action is low – While 92% of banks are considering interoperability and 52% are strongly considering it, very few (2%) have started their journey.
By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain. The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets.
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.
The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. Capable of processing high transaction volumes, the platforms seamlessly demonstrated their readiness for large-scale deployment.
This innovation promotes interoperability, flexibility, and significant cost savings for businesses. As non-card payment methods gain rapid traction, over 50% of digital commerce volumes in APAC now come from non-card methods. HitPay now provides access to 10 key real-time payment schemes for e-commerce and in-person transactions.
Paytiko’s API is intended to be user-friendly and interoperable with a wide range of platforms, making it a good solution for businesses of all sizes. Scalability : Paytiko’s integration solutions can handle increased transaction volumes, keeping merchants agile and responsive to client needs.
Designed for speed, interoperability, and user-friendliness, UPI has become the backbone of India’s payment ecosystem. Its key advantages include instant transactions, interoperability across banks and payment apps, low-cost processing, and enhanced security features.
The surge in transaction volumes and the need for quick product launches have challenged legacy systems, which were not designed to accommodate these new demands. Transaction volumes have surged, and there is a need for quick introduction of new payment products. ”
The State of Payment Infrastructures Modern payment infrastructure systems, such as India’s Unified Payments Interface (UPI) and South Korea’s Real-Time Gross Settlement (RTGS), are setting benchmarks by enabling real-time, cashless, and interoperable transactions.
Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable. Its simplicity, interoperability, and low cost made it an instant success. Unified Payments Interface (UPI) (2016): The game-changer.
“By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain. ” RLUSD supports a wide range of use cases, including cross-border payments, global treasury management, and access to US dollar liquidity.
This includes increased platform resilience, multi-acquiring connectivity, and smart volume-based transaction routing enabled from go-live all through a single integration with BR-DGE.
As interoperability between mobile wallets, bank transfers and global payment networks improves, markets across the region are already seeing increased transaction volumes and greater user engagement driven by seamless, frictionless payments.
These tend to be low-value, high-volume transactions and are very sensitive to fees and delays. And for those that haven’t yet made the switch, it’s becoming increasingly important—not just for Nexus, but for interoperability across the global financial system.
Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. The report highlights significant growth in transaction volumes and market penetration, particularly in emerging markets, reflecting a clear shift toward digitised payment methods.
Mobile-First Infrastructure: Inclusion, Innovation, and Interoperability The smartphone has become the central node of financial inclusion and fintech innovation. Leapfrogging Legacy Rails: In markets like Kenya, India, and Brazil, wallets like M-Pesa, PhonePe, and PicPay are outperforming banks in user penetration and transaction volume.
As threats continue to grow in both volume and sophistication, platform operators must find new ways to balance commercial agility with robust risk oversight. High-volume onboarding, open ecosystems, and decentralised merchant networks create ideal conditions for abuse. Why platforms are exposed Platform models are uniquely vulnerable.
The GCC, with its shared economic vision, presents natural alignment opportunities, and were actively enabling interoperability arrangements with other domestic schemes in the GCC region. “India is a particularly relevant market given the size of the remittance corridor and trade ties.
Interoperability with your existing software tools and apps: the payment processing platform must be interoperable with your existing software tools, like CRM (Customer Relationship Management), inventory management, POS (Point of Sale), and accounting software. Your provider should help with this.
Interoperability across multiple domestic and international card schemes without cobadging constraints. nexo integrates and configures brand selection flows in full compliance with regulatory obligations and with guidelines from the European Payments Stakeholders Group (EPSG) , as specified in the SEPA Cards Standardisation Volume (Book).
. “For instance, in Mexico, were working with local fintechs and other organisations including The Peoples Clearinghouse and The Mexican Association of Credit Unions of the Social Sector (AMUCSS) on an initiative that will introduce an interoperable, real-time payment pathway between the US and 140 rural community banks.
Headquartered in ‘Indias Silicon Valley of Bangalore, Juspay already supports over 500 clients globally, processing more than 200 million transactions daily, with over $900billion in annual total processed volume. This expansion furthers our vision of making digital payments interoperable and accessible for everyone on a global scale.”
The pressure to solve real challenges — such as low banking penetration, financial exclusion, limited access to credit cards, lack of interoperability, and acceptance barriers for traditional (and international) payment methods — planted the seeds for fintech and digital banks. And thats exactly what we did.
Matrixport processes over $5 billion in trading volume each month and is supported by major investors like Lightspeed, IDG Capital, and Qiming Venture Partners, according to its website. billion Established in 2018, BharatPe transformed digital payments in India by launching the nations first UPI-interoperable QR code for merchants.
Banks are now bracing for a 23 per cent increase in instant payments volumes over the next three years. Today, demand for instant payments is surging, transaction volumes are rising, and more banks are enabling send capabilities, removing barriers. Over one in 10 (12 per cent) expect that surge to top 50 per cent.
As an independently-owned, vendor-agnostic payment orchestrator, BR-DGE is fast becoming the go-to partner for high-volume enterprise merchants in the travel sector through its modular solutions. Tom Voaden, VP Commercial at BR-DGE added : “Global travel is surging. Platform downtime is not an option.
UK and EU divergence on scope and legal frameworks may introduce cross-border compliance and interoperability challenges. Start API and interoperability pilots, building on the existing Open Banking technical infrastructure. transaction history, savings, pensions). transaction history, savings, pensions).
Why respondents feel this way Respondent comments "Industry can reduce economic crime volume over 3-5 years through stronger authentication and intelligence sharing, but requires investment in emerging technologies and willingness to adapt business models." Economic crime is a societal problem with no deterrence.
“The launch of CPN represents a leap forward for global payments infrastructure toward an architecture where interoperability, compliance, speed, and cost-efficiency are emphasized,” said Circle VP of Product Management Sunil Sharma. “We are just getting started.
The transfer volume of stablecoins hit highs of $717.1 They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. The popularity of stablecoins is also reaching new heights. billion in April. But digital currencies do not stand on their own.
With this license, Pay10 will deliver mobile-first interoperable infrastructure designed to integrate with Bahrain’s domestic payment rails, ensuring compliance, speed, and reliability across every transaction and directly contributing to the Kingdom’s broader vision for financial inclusion and diversified economic growth.
Stablecoin adoption is exploding, with $27 trillion in total transaction volume globally across 1.25 Rubail Birwadker, global head, growth products and strategic partnerships, Visa, says: “We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.”
KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number.
The company, headquartered in the UAE with registered offices in 12 countries, says it plans to deliver mobile-first, interoperable infrastructure designed to support both consumer and merchant transactions with a focus on real-time settlement, compliance and ease of use. per cent in volume and 14.6
Best for : High-volume subscription businesses seeking to minimise failed payments. Best for : High-volume platforms requiring maximum conversion rates. Best for : Companies managing high-volume supplier and partner payouts. Best for : SaaS companies managing complex subscription models.
Juspay is creating a solution which is truly interoperable with the global payments ecosystem that puts businesses in control of their payments strategy. With an Apache 2.0 As part of this launch, Juspay has established a strategic hub in San Mateo, California.
Another stand-out feature of our business is the interoperability we offer large and complex enterprises who require a solution that can access the entire ecosystem without restriction. Thats another way were removing friction from payments, and making the ecosystem even more interoperable.
Mastercard Chief Product Officer Jorn Lambert contended that 90% of the current stablecoin volume is for trading in other cryptocurrencies, such as bitcoin. “It Scaling stablecoins will fundamentally be about utility to consumers and businesses, and interoperability between the existing financial system” and stablecoins, Lambert said.
Reducing regulatory complexity for low-risk micro-enterprises: Many small firms operate with limited transaction volumes and low consumer exposure, yet they are subject to extensive compliance requirements. Cross-border interoperability : Enabling UK stablecoins to integrate with international payments frameworks.
With SmartVista, we enable banks not only to meet regulatory deadlines but also to unlock the full potential of richer data, greater interoperability and real-time payment capabilities. EthSwitch recognised the need for a fast and efficient payment solution that could handle high volumes while remaining secure and cost-effective.
For instance, a growing SaaS company integrating an ISV-powered payment solution should ensure it can handle an increasing volume of transactions without performance issues. APIs contribute to the success and sustainability of business models by enhancing their flexibility and interoperability.
The payments landscape in the region is rapidly developing, driven by API-driven innovation that optimises interoperability and embeds international payments into financial services.
With this license, Pay10 will deliver mobile-first interoperable infrastructure designed to integrate with Bahrain’s domestic payment rails, ensuring compliance, speed, and reliability across every transaction and directly contributing to the Kingdom’s broader vision for financial inclusion and diversified economic growth.
Scalable solutions: The tool is designed to handle varying volumes of documents, accommodating small businesses and large enterprises. for automation depth Parseur pricing Parseur offers volume-based pricing with options for every need. Human-in-the-loop review: On-demand human review is possible to ensure data accuracy and quality.
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