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Predicting the future of Global Payment with SWIFT GPI

Predicting the future of Global Payment with SWIFT GPI

When you think of sending money internationally, what comes to mind?

If you imagine a frustrating, opaque experience in which your money takes days to arrive with no clear explanation of deductions, pit stops or delays, think again. SWIFT gpi has changed all that.

Well, it’s not quite that universal. But that’s the promise of this technology, and SWIFT global payments innovation (gpi) has pushed standards for speed, transparency and user experience sky-high in cross-border transactions. It’s why we’ve been members since June 2019 and offer access to our customers as an API using our Payment Tracking solution.

So what’s next? How has the industry truly changed — and where will it go from here?

We spoke with industry insiders David Birch and Piers Marais to get their takes. For Piers, Currencycloud’s Product Director, SWIFT gpi represents a dramatically enhanced customer experience in global payments that opens the industry to new players. Meanwhile, David — one of Fintech’s top 100 most influential leaders — is looking further ahead: SWIFT gpi is both the start and end of an era.

Read the full article here.

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