⚡️ SWiM PAY🇬🇧 removes limits for international transfers

⚡️ SWiM PAY🇬🇧 removes limits for international transfers

The British payment platform specializes in instant transactions in B2B format. Removing limits places the company in a leading position compared to its competitors.

➡️ How much does it cost❕ — 0.45% for SWiM PAY clients, 0.65% for other clients… By the way, on their website there is still a warning that limits apply for large sums.

➡️ When it comes to large international transfers, payments ranging from 100,000 to 1 million USD are processed through a complex chain of interactions including agreements between reluctant financial institutions and their clients. As we know, not all financial platforms and banks can handle such transactions.

➡️ By 2027, B2B payment volumes are expected to surpass $111 trillion.

It will be interesting to see if these guys at SWIM Pay can compete with transfers through cryptocurrencies. It’s also unclear how they managed to get regulatory approval.

#news #Europe #global

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