Payall Payment Systems powers a purpose-built, first of its kind “system” that automates and enhances risk, compliance, and business rules for financial institutions in the cross-border payments ecosystem.
For Originating Institutions, Payall can help them reach 95% of the planet’s population and make payments not just to bank accounts, but also cards, mobile money, digital wallets or cash pick-up. They will not have to worry about being “de-banked” again or needing access to a corridor, currency or payout method that one partner can’t provide.
For Correspondent Banks, Payall’s software overcomes the complex counterparty risk, compliance and financial integrity issues that banks face. Their tech digitizes end-to-end critical, previous manual touchpoints from qualifying, due diligence, boarding and relationship risk management as well as audits.
Payall’s mission is to enable safe, transparent, efficient (fast and low-cost) and inclusive local and global payments through financial institutions.