Payverse Adds Real Time UnionPay Remittance to its Cross Border Offering
ATLANTA - Jan. 11, 2024 - PRLog -- Payverse, a leading innovator in financial technology, proudly announces the successful implementation of UnionPay Money Express, a real-time, push-to-card, remittance to China solution. This milestone marks a significant leap forward in international money transfers, offering a faster, more secure, and cost-effective alternative to traditional payment methods.
UnionPay Money Express, integrated seamlessly into the Payverse platform, provides users with a streamlined and efficient means of sending funds directly to all UnionPay cards in China. This solution replaces outdated wire transfers and checks, offering a host of advantages to businesses and individuals all while maintaining compliance standards with a US bank sponsor.
By implementing UnionPay Money Express, Payverse is not only modernizing cross-border remittances but also reinforcing its commitment to providing innovative financial solutions that meet the evolving needs of its users. "Payverse has always been committed to enabling global commerce and removing friction. The additional capability of fast money movement to mainland China will help our clients reach another geography with ease," said Sandra Blair, CEO of Payverse.
About Payverse: Payverse is a US based payment processor that is connecting commerce through 2 products: (i) US based UnionPay processing and (ii) domestic and cross border remittance for Visa, Mastercard and UnionPay. Payverse launched in March 2022 and is a women led startup.