The following is an excerpt from an article written by Anoop Gala published by Inc42
- Cross-border payment transaction flows have witnessed a remarkable 13% increase from 2022, according to the Global Payments Report
- One of the most significant hurdles in achieving widespread interlinking is navigating the diverse regulatory frameworks governing payments across different regions
- The future of interlinking instant payment systems holds great promise for a more connected and efficient global financial landscape
The world of payments is evolving at breakneck speed. The demand for instant payment systems is surging, reshaping the way businesses and consumers transact across borders and barriers.
In this article, we will delve into the transformative shift towards global interconnectivity in payment systems, exploring key trends, the complexities involved, and its profound impact on future financial strategies.
Read the full article on Inc42.com.