How Will the Cross-Border Payments Space Evolve in 2024? With Swift, OpenPayd, Chargebee and More
The Fintech Times
FEBRUARY 21, 2024
Most notably, the European Payment Council ’s ‘One-Leg Out Instant Credit Transfer (OCT Inst)’ scheme went live in December. “This creates the opportunity for correspondent banks to route and settle payments via a real-time payment infrastructure rather than the Real Time Gross Settlement rail, the only option previously.
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