- This partnership will make it easier for customers to switch between local and digital currencies, facilitating a smoother global money transfer experience.
- By using OpenPayd’s infrastructure and integrating the best aspects of traditional and digital finance into a single user-friendly platform, RedotPay allows users to easily switch between local and digital currencies while expanding its presence around the world.
OpenPayd, a leading provider of financial infrastructure, has been selected by RedotPay, a global stablecoin-based payments fintech, to improve treasury operations, multicurrency payments, and cross-border remittances for customers around the world.
By enhancing RedotPay’s payment infrastructure, the partnership will make it easier for customers to switch between local and digital currencies, facilitating a smoother global money transfer experience.
As a result of the integration, RedotPay customers will have seamless multi-currency payment options and faster and more effective cross-border transfers. Additionally, the integration improves background management of liquidity. Therefore, regardless of the user’s location, transactions are processed securely and without unnecessary delays.
By using OpenPayd’s infrastructure and integrating the best aspects of traditional and digital finance into a single user-friendly platform, RedotPay allows users to easily switch between local and digital currencies while expanding its presence around the world. We are always focused on providing a fast, adaptable, and user-centric payment experience.
Jonathan Chan, Head of Partnerships and Co-Founder of RedotPay, said:
“Our goal has always been to make digital finance accessible and practical on a daily basis. By partnering with a world-class infrastructure provider, we remove the friction associated with cross-border payments. This partnership will enable RedotPay users to enjoy easy multi-currency payments and faster cross-border transfers, allowing us to better serve our customers as our global reach expands.”
Lux Thiagarajah, Chief Commercial Officer, OpenPayd, said:
“RedotPay is building one of the most compelling payments experiences at the intersection of traditional finance and digital assets. As RedotPay continues to expand globally, being able to move seamlessly between payment rails, currencies and stablecoins will be a competitive advantage. OpenPayd is proud to provide the infrastructure that allows RedotPay to offer faster, more efficient and more flexible funds transfers to customers around the world.”
RedotPay is a global stablecoin-based payments platform that combines blockchain technology with traditional banking and financial systems. Millions of people around the world can send and use digital assets thanks to a user-friendly platform that ensures faster, more accessible and comprehensive financial services. RedotPay encourages the global adoption of secure and adaptable stablecoin-powered financial solutions to bring cryptocurrencies to the real world, while promoting financial inclusion for the unbanked and supporting crypto enthusiasts. For more information, please visit www.redotpay.com.
The universal financial infrastructure of the digital economy is being built by OpenPayd. Dr. Ozan Ozark founded the rail-agnostic platform in 2018. Using a single, powerful API, organizations can transfer and manage funds internationally between fiat and digital assets. OpenPayd facilitates interoperability between traditional finance and digital assets by offering embedded accounts, FX, domestic and international payments, open banking, and stablecoin on/off ramps. OpenPayd facilitates real-time money transfers around the world using one of the most extensive banking networks available.
OpenPayd processes more than $240 billion in annual transaction volume for over 1,100 companies and is trusted by internationally renowned companies such as eToro, Kraken, OKX, and B2C2. The next generation of financial services is underpinned by this infrastructure layer.
