PayCommerce is the leading open cross-border payments network that enables both disbursements and acceptance transactions through a single point of connectivity for its members. PayCommerce provides Software-as-a-Service for enterprise payments and remittance to optimize working capital and reduce costs. The PayCommerce Network leverages its proprietary Federated LedgerTM to enable real-time, instant payments, clearing and settlement integration for its banking consortium.The Federated LedgerTM is a hybrid, integrating both distributed and centralized ledgers which enable faster payments across networks via its messaging platform.
PRODUCTS & SERVICES:
Payment software platform for cross-border payments networks to global banks, large enterprises and financial institutions.
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PayCommerce enterprise customers include seven of the top global banks, 11 of the top 50 US banks, 14 global Fortune 500® firms and eight US Fortune 500 companies.
Swift Service Bureau
The company provides lower transaction costs, access to instant real-time payments, acceptance and FX rates and increased efficiency and transparency, as well as management of risk and regional compliance, all on a single platform.