Ten banks adopt SWIFT’s instant cross-border payments solution for consumers and SMEs
The take-up underscores growing demand from small businesses and individuals for faster international transactions.
Days after announcing a proof of concept on instant cross-border payments, messaging service provider, SWIFT, has announced that over 100 banks have piloted their ‘SWIFT Go’ payment solution for retail and small business clients. Ten banks have actively integrated SWIFT Go, which launched in July, into their consumer channels, the announcement on Thursday (October 14) said.
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