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PayCommerce is the leading B2B cross-border payments technology platform which connects banks, financial institutions and corporates across the globe--all through a single point of connectivity. Our platform is designed to enable end-to-end payment integration capabilities and seamless automation of payment transactions from initiation to settlement. The solution delivers many benefits which include significant cost reduction, faster go-to-market, increased efficiency and transparency, improved compliance and cash flow optimization.To learn more, visit www.paycommerce.com.
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.
Payment software platform for cross-border payments networks to global banks, large enterprises and financial institutions.
The company earns revenues through commission fees.
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.
$1M to $10M
SERIES B · $22 M · Sep 2016
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