A revolution in cross-border payments is already underway. SWIFT’s global payment innovation (gpi) is the new payment tracking system taking the industry by storm. Described as the equivalent to Amazon’s parcel tracking capability for payments, it’s already shedding light into the mysterious world of international payments. But this is only the first wave of innovation that promises to change the landscape of global payments. Currencycloud was the first non-bank SWIFT partner to go one step further and incorporate the tracking tool into its API. This API brings seamless gpi functionality that puts the power back into the hands of smaller Financial Institutions (FIs), and their customers globally.
Read on to learn more about how Currencycloud harnesses the benefits of SWIFT gpi for its users.