Powering the Global Cross-Border Payments Ecosystem
Our purpose-built software automates the myriad manual tasks typically associated with cross-border payments and correspondent banking and breaks through the complexity and high cost of compliance and risk management—for Originating and Clearing Institutions, Payment Channels and Central Banks.
Cross-Border Payments Are the Fuel that Powers Our Global Economy
Cross-border payments attract and keep customers, generate significant incremental fee revenue and ensure smooth operation of the global economy.
But the multi-jurisdictional complexity, cost and regulatory compliance burden have forced all but the largest financial institutions to cede this space, kept many payment channels from playing a meaningful role and made central banks wary.
Payall has transformed this paradigm with a laser focus on solving the pain points of cross-border payments and traditional correspondent banking.
Payall makes it possible—for the first time ever—for:
Virtually any financial institution to participate in cross-border payments as an Originating Institution or Clearing Institution.
Central Banks to be more actively engaged in advancing the safety and soundness of cross-border payments and the organizations that enable them, and to analyze economic and other data-rich information to provide valuable insights that inform monetary and fiscal policy.
Payment Channels—such as global and domestic payment networks, mobile network operators, digital bank providers and last-mile deliverers of funds—to add valuable new cross-border capabilities and generate incremental revenue.
Breakthrough Compliance
Data and documents are collected digitally for instant retrieval and a permanent, comprehensive “see-through” audit record.
End-to-End Process Automation
Automate data and document collection and apply risk rules, standard operating procedures and compliance requirements.
Cross-Border Payments Made Safer Than Domestic
Keep your financial institution, customers and partners safe with our breakthrough automated compliance and transformative approach to Know Your Customer, Know Your Transaction and Know Your Customers' Customers.
Backward Compatible
Reduce red tape and get live fast: Our lightweight technical integration is designed specifically to be backward compatible with any system.
Cross-Border Payments as a Service
Payall introduces a new paradigm: Now any financial institution can offer cross-border payments.
Pay Anyone, Anywhere, Anytime
Embrace true inclusivity: Payall empowers you to pay anyone, anywhere, anytime—breaking barriers and fostering seamless financial interactions across the globe.
The Diverse Needs of the Cross-Border Payments Ecosystem
The roles, responsibilities, and technical and process needs of the key players in the cross-border payments ecosystem are vastly different. Payall’s proprietary software is enterprise infrastructure that addresses the arcane differences of each type of entity, transforming existing correspondent bank paradigms and funds movement constructs and enabling an entirely new range of possibilities.
You decide what’s best for your organization and your customers.
