New B2B Payments Platform Reaches Across Borders

Nanopay has unveiled a new platform that will let companies process business-to-business payments between bank accounts across borders. The platform is currently in private beta. It will become generally available in February, initially enabling cross-border payments between Canada and the United States. Cross-border payments with India and China will be added in Q2. The platform will enable account-to-account payments, with full visibility and payment context with ISO 20022 metadata to enable straight-through processing, or STP.

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