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SWIFT Ties gpi To eCommerce And DLT

PYMNTS

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink eCommerce and trading platforms with the SWIFT gpi payment service.”.

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How Choice Drives Real-Time Payments Adoption With Canada's SMBs

PYMNTS

Increasingly, said Beattie, online transfers are the preferred payment method of smaller companies, but legacy mechanisms like electronic funds transfers (EFTs) place lag time on the transaction. Enabling real-time payments via Interac can not only help to mitigate those challenges, but also introduce value-added functionality for SMBs.

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SWIFT Ties gpi to eCommerce and DLT

PYMNTS

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink ecommerce and trading platforms with the SWIFT gpi payment service.”.

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Smarter Payments Tracker Eyes Interoperability

PYMNTS

Payments messaging firm SWIFT has taken recent steps to promote interoperability of its payments network, recently announcing that it would allow blockchain platforms to loop into SWIFT’s global payments innovations (GPI) service to facilitate real-time transactions.

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Why Real-Time B2B Payments Adoption May Be A Molehill, Not A Mountain

PYMNTS

Amidst those back-office changes, the shift from electronic batch payments to real-time payments faces a far different kind of adoption challenge, with a burden that weighs more heavily on the financial institution than the corporate payer. Speaking The Same (Payments) Language.

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The Clearing House: RTP Network Drives New Use Cases, Creates Value For SMBs This Holiday Season

PYMNTS

The ability to move money quickly — and to have both the payer and payee know exactly when that transaction occurred — can be an important value-add for businesses that need to get vendors paid quickly to minimize the risk of any supply chain disruption.

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How ISO 20022 Can Boost Interoperability, Intelligence

PYMNTS

Standardizing Payment Technology for Smarter, Safer Payments. ISO 20022 is designed as a global messaging standard that can be used by all financial standards initiatives. The tide is finally beginning to turn, however. lags behind that seen in Europe and Asia. More players within the U.S.