PowertoPay gains Swift corporate cash management label

Source: PowerToPay

The certification allows PowertoPay to incorporate SWIFT’s Alliance Lite2 into its business applications for corporate treasury customers.

 PowertoPay is proud to have been awarded this Corporate Cash Management label for the third year.

Launched in September 2014, SWIFT’s Alliance Lite2 for Business Applications enables selected application providers to combine the value of their software applications with SWIFT connectivity in a single package. This enables customers in many businesses to take advantage of the global reach and secure financial communications that comes with SWIFT. In this model, Alliance Lite2 is available for application providers supplying a variety of services, including payments, cash management, trade, securities and funds.

Users of PowertoPay Corporate Payment Hub will be able to reach more than 11,000 financial institutions worldwide through this SWIFT Certification. PowertoPay is proud to be the first and only Dutch application provider to offer a cloud-based payments and cash management application fully integrated with SWIFT.

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