Bfiat offers technology to evolve cross border transactions that facilitates switching between the various players in the payment network, allowing funds to be securely passed between the customer, merchant and the issuing and acquiring banks on a secured network that validates the payment and encrypts the sensitive financial data that is being transferred between the relevant parties.
The New Edge of Cross border Payment Solutions
Fastest transaction on earth , here each transaction takes 3 seconds to 5 seconds to gets validated.
This process is also scalable , because it can handle approximately 1500 transactions in a second.
The elimination of mass intermediaries helps to reduce the fee & offer compatible cost all over the globe.
The future proof technologies used in bFiat makes it sustainable for scalability & growth.
At bFiat, we are creating a future in which cross-border payments with established and emergent real-time payments around the world.
Know MoreWe facilitate tracking all their payments from end-to-end and provide with certainty when a new level of transparency and certainty in cross-border payments
Know MoreDigital payments are evolving dynamically. Keep up with our
expertise.
Simple Payment Process
Frequently asked question (FAQ) pages (or hubs) help your business respond to the needs of your audience more quickly and appropriately.
Sign up for a free account. Select money transfer options, including the recipient’s name and country, amount and delivery method (bank deposit, cash pickup, or door-to-door delivery). Enter the recipient’s information, including his/her full name, address, bank name, and account number. Enter payment information. Customers can choose to pay from their checking account, debit, or credit card. (Xoom does not accept cash as a funding source.) Review the details and confirm the transfer.
We have full fledged end to end tracking mechanism that allows to see live transaction status on Distributed Ledger
There is no minimum ammount to send, because the cost of transaction is too low
Fastest transaction on earth , here each transaction takes 3 seconds to 5 seconds to gets validated.
Strengthen your integration security and learn about sensitive data. Our platform meets the highest certification standards to help reduce compliance burdens for your business and keep payments safe. We understand that compliance and risk management are critical to your bank, which is why we build solutions that offer greater visibility into and control over cross-border settlement.
The global remittance market size was valued at $682.60 billion in 2018 and is projected to reach $930.44 billion by 2026, growing at a CAGR of 3.9% from 2019 to 2026. Remittance refers to transfer of money by foreign migrants to their home countries.
Global Remittance Value.
CAGR increase
Global Remittance-2018
Overall Growth
Our Network has over 200 banks/FIs , here are the major partners who were using mutual Network for financial solutions. bFiat feels amazing to be a part of such a Big Network.
Across the world, organizations, communities, and individuals are experiencing unprecedented times, with the sanitary crisis that forces us to rethink the way we live, we work, we socialize, we shop and consume. In this white paper, we are providing a perspective from Ingenico’s Banks & Acquirers business unit on the profound developments that we are seeing everywhere around the world, with a special focus on the impacts to consumer behaviour in payments, and we offer a look forward as to how these changes will impact merchants worldwide.
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Category: | Fintech |
Updated: | Jan, 2021 |
Version: | 5.5.1 |
Size: | 65.2 MB |
Language: | English |
Publisher: | bFiat |
Category: | Fintech |
Updated: | Jan, 2021 |
Version: | 5.5.1 |
Size: | 65.2 MB |
Language: | English |
Publisher: | bFiat |