Priya PatelTLDR:
- Numeral, a payment technology provider, has launched Swift payments, allowing companies to automate cross-border payments to over 200 countries.
- This new feature expands Numeral’s payment capabilities and allows customers to manage payments from a single platform.
In a recent announcement, payment technology provider Numeral has launched Swift payments, giving companies and financial institutions the ability to automate cross-border payments to over 200 countries. This new feature allows Numeral customers to access Swift’s global reach while benefiting from the speed, lower cost, and high local reach of local payment schemes. Numeral customers can now manage payments programmatically through partner banks and various payment schemes, all from a single platform.
Édouard Mandon, co-founder and CEO of Numeral, emphasized the importance of enabling customers to build the perfect payment infrastructure for their specific needs with the support of Swift payments. This new feature aligns with Numeral’s strategy to support more European payment schemes, integrate with more European banks, and add more global payment options to the platform in the future.
With the addition of Swift payments, Numeral customers can now send and receive Swift payments through partner banks, automatically reconcile Swift payments with corresponding bank account transactions, and have programmatic access to currency account statements, including the latest available balances. This enhancement to Numeral’s payment capabilities marks a significant milestone in the company’s ongoing efforts to provide innovative and efficient payment solutions for its customers.
