PRETpayments offers a unified platform for businesses and financial institutions to initiate global payments across various methods, including SWIFT, stablecoins, and cards. The company integrates traditional banking with local wallets and licensed money transmitters to facilitate borderless transactions from a single queue.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face complexities when initiating global payments due to fragmented systems, varying local regulations, and the need to integrate with multiple financial institutions. This often results in increased costs, slower transaction times, and compliance challenges.
Solution
PRETpayments offers a unified platform designed to streamline global payment initiation for businesses and financial institutions. By connecting to a network of local financial institutions and payment gateways, PRETpayments enables users to initiate payments across various methods, including SWIFT, stablecoins, cards, and local wallets, all from a single queue. The platform simplifies cross-border transactions by automating compliance checks and providing real-time payment solutions, reducing the complexities associated with international money movement. PRETpayments also offers multi-currency business accounts, allowing businesses to manage transactions in multiple currencies and expand their global reach.
Target Audience
PRETpayments primarily targets businesses and financial institutions that require efficient and compliant solutions for initiating and managing global payments.
Features
- Unified platform for initiating global payments across various methods (SWIFT, stablecoins, cards, local wallets)
- Connection to a network of local financial institutions and payment gateways
- Multi-currency business accounts supporting 24 currencies
- Automated compliance checks for international transactions
- Real-time payment solutions for faster transactions
- Integration with existing systems through APIs
- Online and mobile app access for payment initiation
- Support for card payments, ACH, and other flexible payment options