Cross Switch provides payment infrastructure for emerging markets, enabling businesses to send and receive payments across borders. Their platform streamlines cross-border transactions, reducing complexity and costs associated with international payments.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses operating in emerging markets face challenges with cross-border payments, including complexities related to diverse payment methods, regulatory compliance, and the need for multi-currency support. These complexities can lead to increased costs, slower transaction times, and difficulties in scaling operations across different regions.
Solution
Cross Switch provides a payment infrastructure platform designed to streamline cross-border transactions for businesses operating in emerging economies. The CS+ platform offers multi-country, multi-currency payment processing capabilities, enabling e-commerce merchants, payment service providers (PSPs), and large enterprises to send and receive payments across borders with ease. By integrating a wide array of local payment methods, mobile wallets, bank transfers, and international cards, Cross Switch caters to diverse customer preferences. The platform's built-in compliance features and scalable infrastructure facilitate faster time-to-market and seamless integration with existing systems, empowering businesses to expand into high-growth regions across Africa, Asia, and Latin America.
Target Audience
Cross Switch primarily serves e-commerce merchants, payment service providers (PSPs), banks, and large enterprises looking to expand their operations in emerging markets across Africa, Asia, and Latin America.
Features
- Multi-country, multi-currency payment processing capabilities
- Integration with over 100 local payment methods, mobile wallets, bank transfers, and international cards
- PCI DSS v4-compliant platform ensuring data safety across all payment channels
- Scalable infrastructure capable of handling 200 transactions per second with latency of less than one second
- Built-in compliance features to facilitate faster time-to-market
- Seamless integration with existing systems via APIs