VoPay, a leader in payment technology innovation, and Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, have announced a partnership to deliver a streamlined, real-time cross-border B2B payments solution.
Currencycloud’s cross-border payments APIs will be embedded within VoPay’s API and out of the box solution, enabling businesses to move money more seamlessly and quickly when making international payments. Heightened expectations are transforming global payments strategies and infrastructure to become faster, and more inclusive for both consumers and businesses.
The transparency provided with Currencycloud’s APIs, combined with VoPay’s payments-as-a-service platform, overcomes many of the issues associated with traditional wire transfers, that are often expensive, slow and offer poor exchange rates to businesses that need to send money cross-border.
Richard Arundel, General Manager North America & Co-founder of Currencycloud, commented: “VoPay has been a company we have wanted to work with for some time. The issues for Canadian businesses and consumers with cross-border payments have been well documented and we are looking forward to changing this landscape with VoPay.”
Hamed Arbabi, CEO & Founder of VoPay, commented: “Our partnership with Currencycloud and the clarity, value and speed which their service provides, extends our technology offering and solves an going pain point that has been further highlighted during the pandemic.”