+1.855.4PAYCOM







For SWIFT support, please email sbsupport@paycommerce.com

Banking & Financial Services Institutions

The PayCommerce Network is a consortium of 100+ banking and financial services institutions spanning 80+ countries. We are continuously seeking the top banks in strategic regions (including APAC, EMEA, Latin America and Africa) to join our network; expanding global reach for all PayCommerce members.

Our enterprise platform is designed to address the common pain points that are traditionally associated
with cross-border account-to-account payments:

  • Beneficiary satisfaction (i.e.: speed, efficiency and payment in the local currency)
  • Cost reduction (transaction fees, lifting fees) – multiple intermediaries
  • Control of payments to easily stop or recover funds from beneficiary banks
  • Ability to accurately track payments by custom criteria
  • Fraud reduction (especially for check payments)
  • Keeping current with changing currency regulations
  • Enabling the optimal payment method using local clearing systems
  • Fluctuating exchanges rates for payments with FX

PayCommerce offers the ability for both financial institutions and businesses to pay counter parties in foreign locations in a cost effective manner with the fastest settlement cycle available by region (T+1 / T+2). Businesses with low-value, high-volume payments will see significant cost savings using our cross-border payments solution.

Common customer use cases include:

  • Global Supplier Payments
  • Merchant Settlements
  • Dividend Payouts
  • Payroll
  • Pension Payments
  • Insurance Claim Payments
  • Commission Payments
  • Expense Reimbursements

Our cross-border disbursements solution provides a comprehensive set of services for global transaction management, including:

  • Single and Batch Transaction Management
  • Real-time Transaction Status
  • Built-in FX Rates and Order Management
  • Payment Reconciliation Reports
  • Payment Exceptions Management
  • Automated Transaction Compliance Screening (AML/OFAC/PEP)
  • Payment Alerts and Notifications
  • Comprehensive Remittance Data
  • Industry Messaging Standards (ISO20022, SWIFT MT Messaging, EDIFACT)

Global Coverage of cross-border payments.

The PayCommerce Network consists of 100+ member banking and financial services institutions spanning 75 countries. Our platform enables cross-border, account to account transfers in a range of countries. Below is a sample list of the reach of the network across product lines.

  • Australia
  • Armenia
  • Austria
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Belarus
  • Belgium
  • Brazil
  • Bulgaria
  • Cambodia
  • Canada
  • Chile
  • China
  • Colombia
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Italy
  • Japan
  • Kazakhstan
  • Kuwait
  • Kyrgyzstan
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macau
  • Malaysia
  • Malta
  • Mexico
  • Moldova
  • Nepal
  • Netherlands
  • Oman
  • Pakistan
  • Philippines
  • Poland
  • Qatar
  • Romania
  • Russia
  • S. Arabia
  • S. Korea
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • Spain
  • Sri Lanka
  • Sweden
  • Taiwan
  • Tajikistan
  • Thailand
  • Turkmenistan
  • UAE
  • UK
  • Ukraine
  • USA
  • Uzbekistan
  • Vietnam

For more information on our instant cross-border payment network membership and capabilities, please email us at sales@paycommerce.com.

The PayCommerce Network is a consortium of 100+ banking and financial services institutions spanning 80+ countries. We are continuously seeking the top banks in strategic regions (including APAC, EMEA, Latin America and Africa) to join our network; expanding global reach for all PayCommerce members.

Our enterprise platform is designed to address the common pain points that are traditionally associated
with cross-border account-to-account payments:

  • Beneficiary satisfaction (i.e.: speed, efficiency and payment in the local currency)
  • Cost reduction (transaction fees, lifting fees) – multiple intermediaries
  • Control of payments to easily stop or recover funds from beneficiary banks
  • Ability to accurately track payments by custom criteria
  • Fraud reduction (especially for check payments)
  • Keeping current with changing currency regulations
  • Enabling the optimal payment method using local clearing systems
  • Fluctuating exchanges rates for payments with FX

PayCommerce offers the ability for both financial institutions and businesses to pay counter parties in foreign locations in a cost effective manner with the fastest settlement cycle available by region (T+1 / T+2). Businesses with low-value, high-volume payments will see significant cost savings using our cross-border payments solution.

Common customer use cases include:

  • Global Supplier Payments
  • Merchant Settlements
  • Dividend Payouts
  • Payroll
  • Pension Payments
  • Insurance Claim Payments
  • Commission Payments
  • Expense Reimbursements

Our cross-border disbursements solution provides a comprehensive set of services for global transaction management, including:

  • Single and Batch Transaction Management
  • Real-time Transaction Status
  • Built-in FX Rates and Order Management
  • Payment Reconciliation Reports
  • Payment Exceptions Management
  • Automated Transaction Compliance Screening (AML/OFAC/PEP)
  • Payment Alerts and Notifications
  • Comprehensive Remittance Data
  • Industry Messaging Standards (ISO20022, SWIFT MT Messaging, EDIFACT)

Global Coverage of cross-border payments.

The PayCommerce Network consists of 100+ member banking and financial services institutions spanning 75 countries. Our platform enables cross-border, account to account transfers in a range of countries. Below is a sample list of the reach of the network across product lines.

  • Australia
  • Armenia
  • Austria
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Belarus
  • Belgium
  • Brazil
  • Bulgaria
  • Cambodia
  • Canada
  • Chile
  • China
  • Colombia
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Italy
  • Japan
  • Kazakhstan
  • Kuwait
  • Kyrgyzstan
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macau
  • Malaysia
  • Malta
  • Mexico
  • Moldova
  • Nepal
  • Netherlands
  • Oman
  • Pakistan
  • Philippines
  • Poland
  • Qatar
  • Romania
  • Russia
  • S. Arabia
  • S. Korea
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • Spain
  • Sri Lanka
  • Sweden
  • Taiwan
  • Tajikistan
  • Thailand
  • Turkmenistan
  • UAE
  • UK
  • Ukraine
  • USA
  • Uzbekistan
  • Vietnam

For more information on our instant cross-border payment network membership and capabilities, please email us at sales@paycommerce.com.