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SWIFT gpi- Future of Cross Border payments

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Cross-border payments have traditionally remained a mystery for most users except the participating banks. These payments go through a series of banks before getting credited to the recipient’s account.

Necessity of Revolution in Cross Border Payment process

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E-Commerce has broken the political borders and offers products & services across different country borders. This has resulted in a high volume of cross-border goods and payment flows. Cross border payments have become critical in the digital age.