Industry SectorsFinancial ServicesTranspay Partners with Base Commerce on Global Payments

Transpay Partners with Base Commerce on Global Payments

Transpay and Base Commerce have partnered in launching a new solution that aims to ‘revolutionise’ the way that the latter’s customers make global payments.

Transpay is a business-to-business and business-to-consumer (B2B/B2C) cross-border payments platform with the world’s largest, independent, direct-to-bank payments network, while Base Commerce provides integrated payments solutions specifically for electronic commerce (ecommerce) and Software-as-a-Service (SaaS) businesses.

Base Commerce said that Transpay’s pay-by-email global mass payments platform was selected for its simplistic, user-friendly interface, flexible payout options for sending payments to both developed and emerging markets, and strong foreign exchange (FX) and global compliance management.

“The partnership with Transpay allows us to offer a fast, seamless and cost-effective global funds remittance solution to our customers without the burdens and costs of directly entering the money remittance business,” said John Hughes, president of Base Commerce.

“This allows us to lever our leading edge payments technology and attach it to a true innovator in global payments.”

Related Articles

Driving digital transformation: what does the future hold for transaction banking?

Banking Driving digital transformation: what does the future hold for transaction banking?

3d The Global Treasurer
Webinar: CGI & The Global Treasurer’s Transaction Banking Survey 2018

Banking Webinar: CGI & The Global Treasurer’s Transaction Banking Survey 2018

5d Jerry Norton
BoA Merrill Lynch adds data analytics to foreign exchange payments platform

Banking BoA Merrill Lynch adds data analytics to foreign exchange payments platform

3w The Global Treasurer
Retail payments may be trendy, but transaction banking never goes out of fashion

Banking Retail payments may be trendy, but transaction banking never goes out of fashion

1m Lu Zurawski
Banking, technology and the shape of things to come

Banking Banking, technology and the shape of things to come

1m Jean-François Mazure
What can we expect from the banks of tomorrow?

Banking What can we expect from the banks of tomorrow?

2m Marc Hurr and Daniel Eduardo Suero
Tech-tonic shift: the Virgin-CYBG merger and the future of banking

Banking Tech-tonic shift: the Virgin-CYBG merger and the future of banking

2m Ian Matthews
New FCA banking rules designed to benefit small businesses

Banking New FCA banking rules designed to benefit small businesses

3m The Global Treasurer